MMTE energetic, CGFIA busy, MCET miserable

Posted on Wednesday, January 26th, 2011

Mammoth Energy Group (OTCBB: MMTE) climbed 18.2 percent Wednesday to 13-100ths of a cent. Volume was 120.4 million shares, compared to a daily average of 43.8 million.

Colorado Goldfields Inc. (OTCBB: CGFIA) traded in 138.2 million shares Wednesday, compared to an average of 50.6 million. Prices for the stock tumbled, however, 87.4 percent, to 12-100ths of a cent. CGFIA is a mining exploration stage company engaged in the acquisition and exploration of mineral properties, mainly for gold, silver, zinc, copper and lead.

MultiCell Technologies Inc. (OTCBB: MCET) dumped 25.7 percent Wednesday to 1.04 cents, on volume of 57.2 million shares, or about eight times its usual daily average. MCET has specialized in developing main liver cell immortalization technologies to produce cell-based assay systems for use in drug discovery.

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