Pompano Beach, Fl, October 31, 2012 -- CleanPath Resources Corp (PINKSHEETS: CLNP) among the gainers and the stock increased 28.57% to $0.0093 on a traded volume of 6.30 million shares.The 52-week range for the stock is $0.01 and $0.02. The Company has Price/Sales ratio of 2.49 and Price/Book ratio of 0.04. The 50-Day Moving Average and 200-Day Moving Average prices is $0.01 and $0.01 respectively.The Company engages in the acquisition and exploration of mineral resource properties.
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Alternative Energy Partners Inc (OTC: AEGY) slipped 25.0% to $0.0003 on a traded volume of 8.24 million shares. Alternative Energy Partners Inc has entered into an agreement to acquire Safford Acquisition I Corp, which has contracted to acquire a mineral lease on 160 acres of land in Safford AZ. The Company intends to develop, mine and extract gold and other precious metals identified on the site, and then refine and sell the resulting metals.
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Quamtel Inc (OTC:QUMI) among the gainers and the stock increased 79.49% to $0.07 on a traded volume of 118k shares.The 52-week range for the stock is $0.03 and $0.77. The Company has Price/Sales ratio of 1.50. The 50-Day Moving Average and 200-Day Moving Average prices is $0.06 and $0.11 respectively. The Company operates as an online phone service provider in the United States.
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DRAKE GOLD RESOURCES (PINKSHEETS: DKGR) augmented 20.0% to $0.0006 on a traded volume of 70.48 million shares.The Company provided a progress update on the Company’s Myers Lease in Pennsylvania. Peter Matousek, CEO of the Company said that the operator has purchased pump jack motors, oil tanks and water tanks to replace substandard hardware. These are currently being installed to both abide by DEP rules and to maximize potential in terms of production output and revenues.
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CARDIO INFRARED TECH (PINKSHEETS: CDOI) is currently trading at $0.0001 on a traded volume of 46.01 million shares.So far this year, the stock is down over 96%. The Company engages in the development, manufacture, and distribution of health care products in the United States. The Company offers fitness and weight loss equipment and products.
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