Stocks On Watch

[why_meil]

HGLC @ .0001 primed to move from the bottom of the pit. They're a gold exploration company and are awaiting assay reports of 6 recently drilled cores. Still drilling more cores as I type this. Stock dividend to shareholders to be announced soon per the company.

"... The Company announced on November 14, 2008 the sale of its "Molybdenum" interests held through its subsidiary company, American Molygold Corp. The sale amount is US$620 million to be settled in shares of Common Stock of a USA quoted Company focussed exclusively on the business of Molybdenum. The sale will be completed upon the transfer of title of the various claims held by American Molygold Corp., to the Purchaser. This transaction will be completed by late January 2009 ..."

More from Jan 8th PR:

1. CONTINUED DRILLING "MOCKINGBIRD GOLD MINE":

Drilling at the Company's "Mockingbird" Dandy Mine, by TonaTec will resume by no later than January 10, 2009. Two holes are planned at this location. Stockholders will be updated as to the additional drilling and exploration
plans being finalized at this time.

2. ASSAY REPORTS:

A substantial amount of core from the first 6 drill holes at the Great West and the Pocahontas Gold Mines has been split. The core has been shipped to Jacobs Assay, an independent assay laboratory located in Tucson, Arizona. The remainder of the core will be split and shipped this week. Jacobs Assay will be running the Company's core samples as a priority project, with the first assay results expected before the end of January 2009.

3. COMPANY SHARE STRUCTURE:

The Company recently increased its Authorized Share Capital to facilitate any deals and acquisitions which may be offered to the Company. The Company has not issued any additional shares of its Common Stock whatsoever. The amounts of the Company's outstanding shares reflected on the OTC Pink Sheets web site are constantly updated and are correct.

The Company has received a large number of enquiries in respect of a Reverse Split of the Company's stock. This will not be effected by the Company whatsoever and the Company's Management consider that a Reverse Split of the Company's Common Stock is highly detrimental to stockholder interests.

Stockholders may rest assured that no Reverse Split is being effected by the Company whatsoever.

And more .... see the complete PR at this link:

http://www.reuters.com/article/pressRelease/idUS193937+08-Jan-2009+MW20090108