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AMEX Stocks to Watch: THM, SILU, RWC, QBC, PRK

 
 
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Pompano Beach, FL -- (SBWIRE) -- 11/12/2012 -- International Tower Hill Mines Ltd (USA) (NYSE:THM) is currently trading at $2.39, 1.27% higher. International Tower Hill Mines Ltd. (ITH) is an exploration-stage company. The Company is engaged in the business of acquiring, exploring and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. As of December 31, 2011, the Company controlled a 100% interest in its Livengood project in Alaska, the United States. The Livengood property is located approximately 115 kilometers northwest of Fairbanks, Alaska in the Tolovana Mining District within the Tintina Gold Belt.

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Sprott Resource Lending Corp. (USA) (NYSE:SILU) added 1.44% to $1.41. Sprott Resource Lending Corp. (Sprott Resource Lending) is engaged in providing lending facilities to the resource sector. The Company finances precious and base metal mining, exploration and development companies, as well as oil and gas companies and related businesses. The Company carries out lending activities on a global basis. Financing is primarily extended to companies that are involved in late stage exploration and development, or early stage production.

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RELM Wireless Corporation (NYSE:RWC) is lower 0.65% to $1.54. RELM Wireless Corporation (RELM) provides two-way radio communications equipment. RELM designs, manufactures and markets wireless communications products consisting of two-way land mobile radios, repeaters, base stations, and related components and subsystems. Two-way land mobile radios can be units that are hand-held (portable) or installed in vehicles (mobile).

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Cubic Energy, Inc. (NYSE:QBC) among the gainers and the stock added 21.66% to $0.360. Cubic Energy, Inc. (Cubic) is an independent energy company engaged in the development and production of, and exploration for, crude oil, natural gas and natural gas liquids. The Company’s oil and gas assets are concentrated in Texas and Louisiana. As of June 30, 2010, its total proved reserves were 29,209,160 Thousand Cubic Feet Equivalent (Mcfe). Its Texas properties are situated in Eastland and Callahan Counties. These properties consist of wells acquired in several transactions between 1991 and 2002. These wells produce limited amounts of natural gas and oil condensate.

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Park National Corporation (NYSE:PRK) added 0.40% to $62.95. Park National Corporation (Park) is a bank holding company. Park operates in two segments: The Park National Bank (Park National Bank) and SE Property Holdings, LLC (SE LLC). During the year ended December 31, 2011, the Company formed SE LLC to purchase other real estate owned (OREO) from the Company’s wholly owned subsidiary, Vision Bank and continue to market such properties for sale. During 2011, and until February 16, 2012, Park’s banking operations were conducted through two subsidiary banks: Park National Bank and Vision Bank.

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