BBEP, PWRME, AVOT, APH, GRMN, - PennyToBuck.com Stock Highlight!

American Video Teleconferencing Corp. (AVOT.PK)

The global market for rare earths consumed 126,682 metric tons of materials in 2008 and an estimated 113,610 metric tons in 2009. This is expected to increase to 175,618 metric tons in 2014, for a compound annual growth rate (CAGR) of 9.1%.

American Video Teleconferencing Corp. previously reported that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960’s when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

This property is only one of several advanced stage properties AVOT has under consideration in the province of Quebec.

In addition, the company reported that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company’s exploration programs on its newly acquired rare earth property in Quebec.

The ability of molybdenum to withstand extreme temperatures without significantly expanding or softening makes it useful in applications that involve intense heat, including the manufacture of aircraft parts, electrical contacts, industrial motors and filaments.

American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings.

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Amphenol Corporation (NYSE:APH) reported that its Board of Directors approved a continuing quarterly dividend on its Common Stock in the amount of $.015 per share at its meeting held on April 27, 2011.

The Company will pay its second quarter dividend for 2011 on or about July 6, 2011 to shareholders of record as of June 15, 2011.

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Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the global leader in satellite navigation, reported the release of OpenCaching, the official geocaching app for OpenCaching.com for iPhone and Android™ devices.

OpenCaching provides a free, simple and mobile option for geocaching, a high-tech treasure hunt popular around the world, where participants of all ages explore the outdoors, hiding and finding containers of various shapes and sizes.

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