Penny Stocks That Are Breaking Out

(EMAILWIRE.COM, October 03, 2009 ) Windsor, Ontario - FreeHotPennyStocks.com, 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.

Trend Technology Corporation (TRET) and Americas Energy Company (AECo) announced Wednesday that AECo has entered into a contract for professional engineering services with Engineering Consulting Services, Inc (ECSI). ECSI will oversee all of our engineering, site planning, permitting, permitting, environmental planning, risk management and mine optimization plans. ECSI's Headquarters are located in Lexington, Kentucky, with four additional offices strategically located throughout the state of Kentucky.
"When we started putting our business plan together we set the expectation that we wanted to work with the best of class in our industry. We are exceptionally happy to bring Steve Gardner and the ECSI family aboard. Their 25 years of experience in the coal industry will assist us in operating our projects at the highest level of efficiency. As we get closer to beginning operations on the Hance seam at the Upland Church surface mine project in Bell County, Kentucky, we are confident that the ECSI team will ensure that our mining plan produces coal at the highest levels attainable," said Chris Headrick, President and Co-CEO of Americas Energy Company. In the prior trading session, the stock closed at $1.53. The company reached a new 52 week high at $1.60 in early trading on extremely high volume.
Black Hawk Exploration (BHWX) a diversified energy and metals exploration company with its current focus on premium U.S. based Lithium development is pleased to announce its Clayton Valley, Nevada acquisition. Black Hawk Explorations 1,120 acre site is located in the Lithium rich Clayton Valley which is the home of the only Lithium production facility in the U.S. The Chemetall Foote facility has produced in excess of 50 million Kg of Lithium to date and is scaled to produce 1.2 million Kg a year. The American Institute of Mining estimates the mineral resource of the Clayton Valley to be 750 million Kg of Lithium. The Lithium brine deposits are located at depths of a few hundred meters and can be extracted in an environmentally friendly manner.
According to the U.S. Geological Survey the overall demand for Lithium is growing at a rate of 4-5% per year and the automotive market alone is projected to reach $337 million by 2012 and quadruple from those numbers to $1.6 billion by 2015. Lithium destined for battery usage is projected to increase at a rate of 20% per year. The next 3 years we expect the market for rechargeable Lithium batteries to grow to $6 billion annually. In the prior trading session, the stock closed at $1.14. The company extended further on WednesdayÂ’s news to new 52 week highs $1.18 in early trading on light volume.

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