CORAL SPRINGS, Florida, January 24, 2013 /PRNewswire/ --
FinancialNewsMedia.com "Active Energy Companies to Watch" for today: New Colombia Resources, Inc. (OTC: NEWC), Peabody Energy Corp. (NYSE:BTU), Walter Energy, Inc. (NYSE: WLT), Vale SA (NYSE: VALE) and CONSOL Energy Inc. (NYSE: CNX)
Headline News: New Colombia Resources, Inc. (OTC: NEWC) (formally known as VSUS Technologies, Inc (VSUT)), announces that the Company Name and Trading Symbol change becomes official.
The official name change for VSUS Technologies, Inc has taken place along with its trading symbol. The company name is now New Colombia Resources, Inc. trading under the ticker symbol - (OTCQB: NEWC). For details see: http://www.otcmarkets.com/stock/NEWC/company-info.
"Since we are now in a position to reach production as soon as possible, I felt a name change was necessary. Colombia is an emerging country with many available resources that we have the ability to acquire. Being from Colombia gives us certain advantages. These next few weeks should be very exciting for our growing company and its shareholders." stated John Campo, President of New Colombia Resources, Inc.
New Colombia Resources, Inc. is focused on the acquisition and development of high-quality metallurgical coal properties in the Republic of Colombia. They own 100% of La Tabaquera mine in Colombia with an estimated 15- 17 MM tonnes of reserves, 70% metallurgical and 30% thermal coal. Once the necessary financing is obtained, the Company plans to have three revenue producing business units in Colombia: coal mining, coking oven facilities, docks, river, and rail transportation to export terminals in Colombia. The Company is also exploring allegiances with U.S. universities to study capturing Coal Bed Methane (CBM) in Colombia.
Read the entire press release and company disclosures at: http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=245
When FinancialNewsMedia.com's coverage began for VSUS Technologies, now known as New Colombia Resources, the price per share was $0.0049. Today NEWC is trading up over 900% since news coverage began and according to John Campo, NEWC President, the next few weeks should be exciting times for the company. Be sure to keep NEWC on your watch list!
Active Energy Leaders to keep a close eye on are:
Peabody Energy Corp. (NYSE: BTU) has been reiterated by TheStreet.com Ratings as a hold with a ratings score of C. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. To read the full story go to http://www.thestreet.com/story/11818508/1/peabody-energy-corporation-stock-hold-recommendation-reiterated-btu.html?puc=yahoo&cm_ven=YAHOO.
Walter Energy, Inc. (NYSE: WLT) issued a press release this week announcing that it will release its fourth quarter and full year 2012 earnings results after the market closes on Wednesday, February 20, 2013, and will conduct a conference call on Thursday, February 21, 2013, at 8:00 a.m. CST / 9:00 a.m. EST, which can be accessed at http://www.walterenergy.com. Dahlman Rose upgraded its rating on this company from Hold to Buy and changed its price target to $48.
Vale SA (NYSE: VALE) is a Brazil-based metals & mining company, producing and supplying iron ore, iron ore pellets, nickel, copper, coal, phosphate, potash, cobalt and others. The company also provides logistics services. Vale closed at $20.12 with 0.50% gain on Tuesday with a volume of 13.13M, which was 16.74% less than 15.77M. Vale had been trading in the range of $15.77-$26.87 in the past 52 weeks. Goldman Sachs' analysts remain positive. The analysts from Goldman Sachs, Marcelo Aguiar and Diogo Miura, remain positive for 2013 and had raised their price target on VALE to $29.30 from $28.90.
CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based producer of coal and natural gas. It has 12 bituminous coal mining complexes in four states and reports proven and probable coal reserves of 4.5 billion tons. The company's premium Appalachian coals are sold worldwide to electricity generators and steelmakers. TheStreet.com Ratings last week rated Consol Energy as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. For more details go to http://www.thestreet.com/story/11817279/1/consol-energy-rises-on-unusually-high-volume-cnx.html?puc=yahoo&cm_ven=YAHOO.
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