American Power Corporation (TGMP)

[charityparity]

I agree. Some investors on the sidelines might take this company more seriously if there were to be a name change. But, I think the tgmp still holds at the stock ticker.

[AllanP]

Cannot this "Teen Glow Makeup" thread name be changed to American Power?

[charityparity]

American Power Corp. (OTCBB: TGMP) ("American Power" or "the Company") is pleased to announce it has closed a financing agreement for total gross proceeds of $10 million through a 2.5 year stock issuance agreement with Black Sands Holdings, Inc.

The funding to be provided under this agreement will be used to finance the Company's ongoing exploration, development and acquisition strategies, as well as general working capital purposes.

"This financing will be key in executing on our exploration and development of the Pace coal property," stated Al Valencia, President and CEO of American Power Corp. "The agreement includes a warrant component that could provide an additional $10 million to American Power over the coming years. Now that we have this funding agreement in place, we feel ever more confident in moving forward with our exploration program which will take us another step forward towards producing the anticipated substantial coal resources on our acreage."

The securities offered have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent a registration or an applicable exemption from the registration requirements. For full details on the agreement, please refer to the Company's latest SEC filings.

[Dyson]

Alert on TGMP: What does Obama say about the future of coal?

President Obama said, "Clean coal technology is something that can make America energy independent. This is America. We figured out how to put a man on the moon in 10 years. You can't tell me we can't figure out how to burn coal that we find RIGHT HEAR in the United States of America and make it work."

What the President should have said is that "it is working!" Clean coal is a reality.
What the green energy crowd doesn't talk about much is the fact that, nowadays, thanks to major technological advances, about 99 percent of the chemicals that can pollute the air and more than 95 percent of the chemicals that can cause acid rain never make it into the atmosphere.

Devices called flue gas desulfurization systems, or "scrubbers," remove more than 90 percent of the sulfur dioxide emissions from the burning process. The flue gas is sprayed with a mixture of water and lime or limestone, which reacts with the sulfur dioxide to form a wet sludge or, in some cases, a dry powder that can be disposed of or made into pellets for roadbeds or into plasterboard or concrete blocks.

Another method for tackling air pollution involves using devices called electrostatic precipitators, which give coal dust particles an electric charge so they can be attracted to a collector plate.

Still another method of removing pollutants involves a process called fluidized bed combustion (FBC), in which coal is inserted into a bed of particles (including limestone) that are suspended in the air and react with the coal to heat the boiler more cleanly.

Coal gasification converts coal into a gas that has the same heating value as natural gas. Coal gas burns cleaner than coal because so many pollutants have been removed during the transformation to a gas. This method can remove up to 99.9 percent of the sulfur and tiny dirt particles from burning coal.

Coal into gasoline is based on a process developed by Germany during WWII when it was isolated from its oil supplies. Now that technology is making a comeback and pilot programs are under way in the U.S. . According to industry reports, the Energy Information Administration is projecting coal liquefaction to be up and running in as little as two years. In fact, the U.S. Air Force has made it a goal that half its fleet will be flying on coal-based jet fuel by 2015.

Obama's DOE pledges $612 million to prove "clean coal" carbon capture and storage technology
With coal certain to remain one of the nation's lowest-cost electric power sources for the foreseeable future, the United States has pledged a new commitment to even more advanced clean coal technologies.
"Clean coal" refers to another new technology called carbon capture and storage (CCS) in which carbon dioxide from burning coal is collected, transported and stored in a secure location, typically deep under the ground. Just weeks ago, Obama's DOE announced it would put up $612 million to fund project Future Gen, to demonstrate the efficiency of large-scale CCS.

Okay. . . hopefully I've convinced you that coal is still king and that beyond the clatter and gloom of the environmentalists is a maligned and ignored energy sector that has a long and profitable future.

But why is American Power TGMP such an extraordinary standout in a field of rock-solid coal companies?

Well, for starters, as I said at the start, the bottom line is that this still-undiscovered, coal company, American Power owns coal leases worth an estimated. . . $35.04 billion!

[Dyson]

Watch, TGMP is moving upward lately. Why?

My understanding on TGMP is that THIS IS NOT A BUY TODAY SELL TOMORROW STOCK, THIS IS AN INVESTMENT STOCK! Buy it now while you can still get it at under $1.30 and don't sell even half until it hits at least $10. I wouldn't sell your other half when it reaches $50!

Because American Power's coal can be economically surfaced mined, it stands to generate substantial revenues very quickly, right out of the gate. And those quick, initial revenues are almost certain to cause a sudden spurt of share price growth. It could come quickly, at any moment, which is why you don't want to let this one catch you "still thinking" on the sidelines!

Why am I so confident of this stock's intrinsic value? Check for yourself on the company's website: http://americanpowerco.com. Because, as I said earlier, I've read the two geologists reports (check them out yourself at the company's Website) that estimate that this astonishing newcomer is sitting on lease that contain a total of $35.04 billion in coal!

If you do the math, $35.04 billion divided by the number of outstanding shares of TGMP works out to a whopping $400 per share!
Cap and Trade, or some kind of "carbon tax," simply will not change the fact that, for at least the next 50 years, America's electrical needs are going to be met primarily through the combustion of coal and natural gas.

Here is a quote from the US Department of Energy: "Coal-fired electric generating plants are the cornerstone of America's central power system."

It’s a fact, without coal, half of America's electrical grid would shut down. And despite popular calls for alternatives, nothing will replace coal in any meaningful way for the production of electricity.

* Coal is America's most abundant energy resource, enough to meet power needs for 250 years.

* America's energy policy is bullish on coal with $2.4 billion committed to new coal-use research.

* Coal has produced three-times the profits on Wall Street of oil, natural gas, and alternative energy.

* More than 50% of U.S. electricity is now generated through the combustion of coal.

* Nuclear accounts for only 19.3% of our electrical production, and with a ten year lead time for a new nuclear plant, that's not about to change significantly in the near future. Wind and solar are still just a drop in the bucket and not going to make a significant contribution for decades.

In fact, according to the U.S. Department of Energy Information Administration (EIA), North America’s consumption of coal over the next two decades will increase 21%. Globally, demand for coal will increase nearly 50%
The EIA's Annual Energy Outlook 2010 not only predicts that by 2035 increased coal use will require an increase in domestic production from 1,172 million short tons in 2008 to 1,285 million tons in 2035.

It's also interesting to note that the same EIA report predicts production from mines west of the Mississippi (where American Power has coal leases worth an estimated $35.04 billion) will trend upward over the period, from 50% of domestic production in 2008 to 60% by 2035.

At the same time, electricity generated from natural gas will likewise continue to grow. According to the EIA, even given the expected use of renewable energy sources such as wind and solar, by 2035 coal and natural gas will still dominate as the leading fuels used to generate electricity.

[WinchellDotBiz]

Johannes Petersen is also associated with AMNP, CYPE, SILA. Here's some homework.

http://winchell.biz/markets/american_power_(TGMP)

[charityparity]

For new investors, take a look at the corporate factsheet, which can be found at the company's website, www.americanpowerco.com.

http://www.americanpowerco.com/pdf/AmPower_factsheet.pdf

[charityparity]

Pace Coal Project Technical Reports from Weir International and the Drummond Company:


http://www.americanpowerco.com/pdf/weirreport.pdf

http://www.americanpowerco.com/pdf/drummondreport.pdf

Sourced from the wwww.americanpowerco.com website.

[Ely]

lol... np.

[charityparity]

oops...traveling to Minneapolis next week and had Minnesota on the mind...

[NASA11]

Nice move starting here.

[Ely]

Minnesota doesn't have any coal reserves. Iron ore and copper.
Not sure what kind of DD your doing on this one.

[charityparity]

DENVER, CO, Aug 04, 2010 (MARKETWIRE via COMTEX) -- American Power Corp. today announced that the Board appointed mining executive Mr. Al Valencia as President and Chief Executive Officer (CEO) on August 1st, 2010.
Mr. Valencia's mining experience is matched by his experience in investment banking and corporate finance. Having earned an M.A. in Economics from Syracuse University, New York, he has held various positions in New York, Washington, DC, and in Latin America. Mr. Valencia has been involved at both the corporate and government level in mining related projects, including working for the Peruvian government and in association with various investment banks such as Credit Suisse on the privatization of mining units (copper, zinc, and lead) in Peru valued in the hundreds of millions of dollars.

"I'm very excited with my appointment as American Power's new President and CEO," commented Mr. Valencia. "With nearly 30,000 acres in Montana's Judith Basin County, we have significant holdings with high potential. Now we can move forward and build on the previous exploration work conducted by ExxonMobil in 1979 and the findings of several other reports on the property that indicate there is up to 410+ million tons of high volatile bituminous coal in place. That's a tremendous opportunity to be part of, and I'm looking forward to maximizing its potential." (All related studies are available for download in the Projects section of the Company website at www.americanpowerco.com)

[charityparity]

American Power Corp. (TGMP 1.03, +0.04, +3.94%) ("American Power" or "the Company") today announced that it will proceed to kick start the development of its advanced Pace Coal Project in Judith Basin County, Montana.

In April 2010, American Power Corp. acquired roughly 29,000 acres, which make up the Pace Coal Project. In 1979 Mobil Oil Co. (now ExxonMobil) drilled 30 holes over 14,000 of the project's acreage, and delivered 45 samples which were later sent to an independent laboratory for analysis. It was subsequently determined that both the quality and the quantity of coal on the Pace acreage was high and significant, respectively. Several independent reports were commissioned based on the development work undertaken by Mobil Oil, determining there could be in excess of 410 million tons of high volatility bituminous coal potential on the Pace acreage.

Al Valencia, CEO of American Power Corp. commented: "A tremendous amount of work has already been undertaken on the Pace Coal Project and we continue to work towards our stated goal of proving up a mineable reserve and preparing a mine plan to re-establish coal production on the property as soon as possible."

Montana's demonstrated reserve base of 119.1 billion short tons of coal represents over 24% of America's total demonstrated coal reserve base of 487.7 billion short tons. Of particular importance, the coal at the Pace Coal Project is bituminous B coal, which, due to its higher BTU rating, secures a higher market price than most of Montana's coal (typically sub-bituminous or lignite).

American Power Corp. has access to a large and experienced workforce in Great Falls, Montana, and the coal project may provide hundreds, if not thousands, of new, high-paying jobs for the local economy (according to the U.S. Bureau of Labor Statistics, the average annual wage in the mining industry in Montana was $70,779 in 2008, or 122 percent higher than the average wage in the state).

Substantial infrastructure is already in place adjacent to and within the acreage, including a federal highway, a BNSF railway line, pipeline, and power lines, all of which would facilitate the economic extraction and transportation of coal to market.

[charityparity]

I like the potential here, especially since the Minnesotan basin has been found to contain significant reserves ...

[charityparity]

Teen Glow MAkeup and coal??? Hm, seems a name change is in order...