NEWSPinnacle Digest: Recent Drilling Results Spur Review: Sector Insight
Mar 20, 2007 (M2 PRESSWIRE via COMTEX News Network) --
To read this article in its entirety, visit us at www.pinnacledigest.com.
Bard Ventures Ltd. (TSX-V:CBS) experienced a marginal loss of 1.49% Monday combined with 1,319,200 shares traded. They have recently announced the results of the second vertical hole drilled to 506.4 metres on the Lone Pine Molybdenum Property. The Property is located approximately 15 kilometers north-northwest of Houston, BC, and is situated in the Omineca Mining Division. PinnacleDigest is very interested in this prospect and will be reviewing this company and its current operations. It has also been reported that assays have been received for hole BD-07-02, the second drill hole of a seven-hole drill program. To read this article in its entirety and to learn more about the sector which affects Northern Bard Ventures Ltd., come explore www.pinnacledigest.com.
U.S. stocks dropped last week as the home-loan crisis appears to be spreading, this following a growing number of mortgage defaults. We are interested to learn if this growing problem will offset the building season now upon us.
China's economy has reported that it is growing faster than forecasted so far this year. This news coupled by a declining metal inventory has boosted the price of Copper which jumped almost 6% last Thursday. New government data from China has reported that industrial production has grown almost 20% in the first two months of this year. This is an instrumental factor in copper's run up from $2.40 in early February. China has reportedly exported 8.75 million tones of steel products in the first months of the year. This is an increase of 139.3% compared to the same period of last year. This is telling us that their steel capacity has risen to a point to where it is relying on exports to sustain industry growth.
At PinnacleDigest we strive to not only bring you an unbiased, informative, broad approach to the industry, but to specifically analyze specific companies in respect to that approach. The first step in this process is to review the company in contrast to the influences within the sector affecting them. To continue with this review in its entirety, come explore our growing online financial magazine at www.pinnacledigest.com.
Let's turn back to Bard Ventures Ltd. and learn more about the growing number of claims situated on their property. It has been reported that Bard has acquired three new claims (57 cells - 1070.3 ha) on the south and west side of the Property. The Property now comprises 13 mineral claims (168 cells - 3154.4 ha). PinnacleDigest is reviewing their development plans for this property as we head towards the pivotal drilling season. TO continue this review and to learn more about our expanding and diverse online financial magazine, visit us at www.pinnacledigest.com.
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