Top 3 OTC-BB and Pink Sheet Market Movers
Savoy Energy Corporation (SNVP), Sino Clean Energy Inc. (SCLX), and Cheyenne Resources Corp. (CYRS) were among today’s top OTC market movers.
Savory Energy Corporation [[SNVP.OB]], which extracts and sells oil from previously drilled wells in the United States, saw its shares nearly double in value after being featured in several investment newsletters. Last week, the company also announced that it successfully installed the Jack Shaft Reducer on its Rozella Kifer Well in order to increase production efficiency.
Sino Clean Energy Inc. [[SCLX.OB]], which produces and sells coal water mixture, saw its shares rise more than 10 percent after being featured in several investment newsletters. The company also announced late last week that it would release its third quarter results on November 11th after market close and hold a conference call the following day at market open.
Cheyenne Resources Corp. [[CYRS.OB]], which develops shallow natural gas and oil wells in Northeastern Oklahoma, saw its shares rise more than 10 percent after announcing that it is in negotiations to secure 1,000 acres of property in Abilene, Texas. The site has reported reserves of 15.7 million barrels of oil at less than 1,000 feet, with 11 additional zones as well.
CONTACT: Daniel Minton, Managing Director, 406-862-5400, daniel@accelerize.com