Vsbn, Orfg, Isbc, Dlkm, Hbos - Stock Report From Drstockpick.com!

Jan. 15, 2011 - PRLog -- VSB Bancorp Inc.  reported net income of $479,170 for the fourth quarter of 2010, a decrease of $36,290, or 7.0%, from the fourth quarter of 2009. The following unaudited figures were released. Pre-tax income was $883,317 in the fourth quarter of 2010, compared to $884,953, a decrease of $1,636, or 0.2%, from the fourth quarter of 2009. Net income for the quarter was $479,170, or basic income of $0.27 per common share, compared to net income of $515,460, or $0.29 basic income per common share, for the quarter ended December 31, 2009.

VSB Bancorp, Inc. operates as the holding company for Victory State Bank that provides commercial and retail banking services to individuals and businesses primarily in Staten Island, New York.

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Orofino Gold Corp. (ORFG.PK) is a US (Nevada) company established for the purpose of creating a significant exploration and mining group operating in Colombia.

Orofino Gold is pleased to announce that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.

Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp.

Mr. Pernett will be responsible for all affairs of Orofino Gold in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of the company's Senderos de Oro gold camp in the Sur de Bolivar Colombia.

The company and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, the company's legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.

La Azul is one producing artesanal mine in the Senderos de Oro area controlled by Orofino, it is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.

Orofino will move ahead aggressively to pursue the current interpretations, work programs and drilling will begin soon.

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Douglas Lake Minerals  is pleased to provide an update regarding its recently acquired Handeni Project which is located in the rapidly developing region of eastern Tanzania.

Douglas Lake Minerals’ 100% owned Handeni Project is located within an area which has been interpreted as belonging to a reworked component of the same Archean superterrane that hosts the gold deposits of Geita (Anglo Gold) and Bulyanhulu (Barrick) in Tanzania. The project consists of 4 prospecting licenses covering approximately 800 km2 which are directly adjacent to, and partly surround, Canaco Resources Inc’s (V.CAN) 200 km2 Kilindi license which holds the Magambazi gold minerlization occurrence.

The region has historically seen small-scale artisanal workings which originally allowed explorers to focus on the Magambazi prospect. Today the Handeni region is recognized to be one of the prime exploration targets for gold mineralization in Tanzania.

Based on the prior work conducted on the area, Douglas Lake Minerals believes that certain portions of its Handeni Project possess excellent potential for shear-hosted economic gold vein mineralization to be determined.

Mr. Sangha, CEO/director of Douglas Lake Minerals, comments, “We are very encouraged by the quality of data from prior work performed on the area, and we believe there are a number of high potential gold mineralization targets on the Douglas Lake ground. We are looking forward to the next phase of this project”.

Douglas Lake Minerals has requested a geologist to prepare a Technical Report on the Handeni Project in accordance with the provisions of National Instrument 43-101 (”NI 43-101?) of the Canadian Securities Administrators.

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Heritage Financial Group  announced that the Bank has expanded its Mortgage Division with the opening of new mortgage production offices in Valdosta and McDonough, Georgia, concurrent with the hiring of a team of experienced mortgage lenders in those markets. Already a leading originator of mortgage loans in the Bank's home town of Albany and in Statesboro, the addition of these offices enhances the Bank's capabilities as a full-service mortgage lender, where loans are originated, underwritten and processed internally, and builds on the Bank's recent expansion efforts in Valdosta and elsewhere in South Georgia.

Heritage Financial Group operates as the holding company for HeritageBank of the South, which provides retail and commercial banking services in southwest Georgia and north central Florida.

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Investors Bancorp Inc.  announced that it expects to report earnings for the fourth quarter and full year ended December 31, 2010, on Thursday, January 27, 2011 at approximately 5:00 p.m. Eastern Time (ET). A copy of the news release will be immediately available on its web site. The Company also announced that it will host an earnings conference call on Friday, January 28, 2011 at 11:00 a.m. (ET). Toll-free dial-in: (877) 317-6789. Internet access to the call (listen only) will be available on the Company's web site by going to Investor Relations and clicking on Webcast. The call will be archived on the Company's website for a period of one year.

Investors Bancorp, Inc. operates as the holding company for Investors Savings Bank that provides a range of banking services in New Jersey. The company accepts deposits and originates loans.

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