Penny Stocks Making 52 Week Highs

(EMAILWIRE.COM, October 01, 2009 ) Windsor, Ontario - Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. If you are interested in penny stocks that are poised to breakout sign up for our free penny stock newsletter. Each day we send out alerts on different hot penny stocks.
American Sierra Gold Corp. (AMNP) is an independent gold exploration company headquartered in Reno, Nevada, and focused on the strategic exploration and potential development of North American properties.
American Sierra Gold's President and CEO Wayne Gruden sums up progress, saying, saying, "We are excited over the progress being made in our Urique Project. We've already seen over 1.3 million dollars of development in the ground. This work is critical to establishing the size of the reserve on the property." The company gapped up opening at $0.84 an inching higher to $0.85 and establishing a new 52 week high.

Heartland, Inc. (HTLJ) announced yesterday after the close that the new headquarters of Heartland Steel, the company's steel warehousing subsidiary, has been completed. Management and employees have moved into the new state-of-the-art warehousing and distribution facility and office space in Washington Court House, Ohio. An open house has been scheduled for October 29th, when community and business leaders will able to tour the facility.
"Having reached over $1 million in sales before occupying our building, I would now expect the pace of our marketing and sales activity to increase substantially," and Randy W. Frevert, President, of Heartland Steel. "Virtually all production equipment, overhead cranes and offices are fully functional and additional inventory is being purchased and moved into our spacious warehouse, whose 80 foot wide bays provide tremendous flexibility and efficiencies.
"In addition, our new high speed plate processing machine is capable of drilling, counter-sinking and light milling in addition to processing the final shape of the part. This piece of equipment has generated quite of bit of interest, and gives us additional capabilities in our marketplace.
"Our team is poised to provide the service and support that our customers need and demand," concluded Mr. Frevert. "There is tremendous opportunity for growth in this region, and the completion of our facility is an important step in building a growing and thriving enterprise."
In the prior trading session, the stock closed at $0.41. The company reached a new 52 week high at $0.58 in early trading on extremely high volume.

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