Tuesday, June 1, 2010

Free Real Time Level 2 Quotes for Bulletin Board and U.S. Registered OTC QB Stocks –Again, we suggest you go to www.otcmarkets.com and enter any OTC symbol to get a real time bid and offer picture to complement any quote system you currently use.

Note: Our most recent Green Baron “Stock Picks” Sillenger Exploration (OTCQB: SLGX) and VIASPACE both posted new highs today since release of our profiles.  Be sure to check out the major press release that was just issued after the close on SLGX.  This has potential to be a mammoth deal.  See update below.

Calendar: Last week we indicated that a new Green Baron “Stock Pick” would be issued tomorrow, Wednesday, June 2 after the close of trading.  For a variety of reasons, we have decided to delay release of this pick for at least two weeks.  When we issue a new “Stock Pick”, all factors much converge together to create the greatest potential for huge gains.  Stay tuned on this one, but our next “Stock Pick” scheduled for Monday or Tuesday, June 7 or June 8 after the close is still on target.

 

“Stock Pick” Update

Sillenger Exploration Corp.

(OTCQB: SLGX)

Major News Announced Today After Close

Sillenger Enters Into Mineral and Hydrocarbon Exploration Contract with Government of Equatorial Guinea to Explore and Develop its Natural Resources

SLGX hits another new high at $1.70 up 36% since our initial profile at $1.25 on May 6^th; Watch out for big move ahead

http://www.otcmarkets.com/pink/quote...

Let’s analyze this press release in the simplest terms.  Sillenger has been granted rights to choose the most promising targets for oil and mineral exploration on over 27,000 sq. km. of land considered to be “frontier” from hard data it will garner itself.  Based on the geography of the land, nearby discoveries, and other factors, The Green Baron Report believes Sillenger could be involved in several world class discoveries worth billions.  The oil rights alone could be worth billions.

Again, we strongly urge members to consider adding SLGX to your portfolio.  We have been pounding the table for about a month now to get into SLGX, and we are going to say it again.  This stock looks to go MUCH, MUCH higher, particularly over the near-term.  See press release for your review below:

VANCOUVER, BC. – June 1, 2010 – Sillenger Exploration Corp. (“Sillenger”) (OTCQB: SLGX), a Canadian company that is one of Canada’s most innovative and progressive mineral exploration and claims management companies, with experience in mining and business process management in Africa, is pleased to announce that, through its relationship with FCMI Global Inc. and its African affiliates, Sillenger has entered into a contract with the Government of the Republic of Equatorial Guinea to conduct an airborne geophysical survey of the continental region (27,000 sq. km) of Equatorial Guinea, known as Rio Muni, as well as 30 km of Continental Platform (4,500 sq. km) off the Atlantic coastline.

Under the contract, Sillenger (FCMI) will be granted exploration mining concessions, including oil and gas concessions, which are revealed by the survey.

Equatorial Guinea, a major offshore oil producer, has a democratically elected government, and is one of the fastest growing economies in Africa. The Government of Equatorial Guinea has a strong desire to diversify its economy by developing its mining industry, and wishes to obtain a geological and geophysical database that will enable the detection of mineral, hydrocarbon and groundwater resources.

Mr. Diosdado Engono Bengono, General Director of Mines and Quarries, Ministry of Mines, Industry and Energy for the Republic of Equatorial Guinea stated, “It was a great honor working with you in order to succeed this Agreement. Entering into this agreement will enable our great Nation to develop its natural resource industries and diversify the economy of our Country, the Republic of Equatorial Guinea. This will generate many wonderful business and employment opportunities, and build the foundations for sustainable economic growth and stability, which will provide lasting prosperity for the great people of the Republic of Equatorial Guinea. We are looking forward to a long and mutually rewarding partnership.”

“We consider this a significant opportunity for both Equatorial Guinea and Sillenger Exploration,” stated Mr. John Gillespie, President and CEO of Sillenger Exploration, “and we are very honored to be in partnership with the Government to develop the Country’s resources.”

The Ministry of Mines, Industry and Energy of Equatorial Guinea, has provided Sillenger with all existing resource data for review by the Company’s Director of Exploration, Dr. Allan Juhas, as part of the “fast-track” process developed in partnership with the Government. All requisite permits, licenses and documentation are being prepared allowing the airborne geophysical survey to commence in July 2010.

About Sillenger Exploration Corp.

Sillenger, founded in 2007, is one of Canada’s most innovative and progressive mineral exploration and claims management companies, with experience in mining and business process management in Africa and other regions of the world.

It is dedicated to bringing a progressive, creative and proprietary approach to natural resource exploration. The Sillenger CLP Claims Licensing Program® is a turnkey process used in partnership with Governments to improve the way their natural resources are managed. The Company’s Government partners provide a “fast-track” to expediting all necessary permits, licenses, legal, and other bureaucratic documentation and procedures that exploration and extraction companies would require in order to begin their work programs in these countries.

The Company believes there is a strong indication that the Republic of Equatorial Guinea, which is a major offshore oil producer, is potentially rich with gold, diamonds, and other precious resources. The West Africa region hosts a number of major base metals mines extracting copper, zinc, bauxite, and iron ore. Recent exploration activity has led to the discovery of rare element strategic minerals such as uranium, tantalum, gallium and lithium.

Forward-Looking Statements

Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or Sillenger Exploration Corp.'s future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of Sillenger Exploration Corp. and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.

Contact:

Sillenger Exploration Corp

Email: info@sillenger.com

Website: www.sillenger.com

 

Investor Relations:

Telephone: 310-860-5686

 

Drew Farion

drewfarion@sillenger.com

MJW Communications

Marjorie Wallens

416-961-5924

mwallens@mjwcommunications.com