Calgary, AB 10/16/2007 4:05:00 PM
News / Finance

(OTCBB: GXPI) Recieves Proposals to Increase Revenue at the Los Chorros Gold Mine

 

Stocks to Watch: Gemini Explorations, Inc.  (OTCBB: GXPI), Genomic Health, Inc. (Nasdaq:GHDX) , Resolve Staffing, Inc. (OTCBB:RSFF) , Ace Marketing & Promotions, Inc (OTC BB:AMKT) , Power Group, Ltd (OTCBB: IPWG)

 

Featured Stock: Gemini Explorations, Inc.

(OTCBB: GXPI)

Current Price (0.12)

www.WallstreetStockReview.com

 

 

 

 

GEMINI EXPLORATIONS INC RECIEVE PROPOSALS TO INCREASE REVENUE AT THE LOS CHORROS GOLD MINE

 

Calgary, AB---Gemini Explorations Inc, (“Gemini”) OTCBB: GXPI, is pleased to report that it has received a number of joint processing proposals from mine operators and concession holders adjoining and nearby the Los Chorros Gold Mine. Gemini’s plans to build a modern mineral recovery plant at Los Chorros and nearby operators using antiquated equipment with low percentage gold recovery have approached Gemini to process their gold ore on a joint net revenue basis. The joint processing proposals present an excellent opportunity for Gemini to accelerate the capital recovery costs of modernizing the Los Chorros mine and to further increase and enhance Gemini’s net cash flow. As reported on October 8 2007, Gemini projected that a 100 tonne per day production rate would produce over US$7,300,000 of net cash flow after all costs.

 

The Los Chorros Mine presents an excellent opportunity for Gemini to take advantage of the near record high gold bullion prices and provides an internal source of cash flow to fund its ongoing development and exploitation of its wholly owned La Planada Gold Project, a potential multi million ounce gold deposit in southern Colombia.

 

Historically one of the largest gold producing countries in the world, Colombia’s vast mineral potential has remained virtually unexplored using modern exploration and mining techniques. The Department (Province/State) of Antioquia alone produces over 1,000,000 ounces of gold per year currently, and most of it is produced from antiquated production equipment and facilities. Driven by a new era of political and economic stability and an investment-friendly mining code, Colombia has emerged as one of the resource sector’s most attractive new mining frontiers.

 

Notice Regarding Forward Looking Statements

 

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such forward-looking statements include, among other things, the expectation of the gold production of the property, the expected completion date of the redevelopment and modernization of the Los Chorros Gold mine, the low capital costs to upgrade the Los Chorros operating plant, the assumed production and net cash flow and the multi million ounce potential of the La Planada Gold project.Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration.  These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.  Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2006 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

 

Michael Hill

President

Gemini Explorations, Inc

Suite 103, 240-11th Ave SW

Calgary, AB T2R 0C3

 

www.geminiexploration.com  email: info@geminiexploration.com

 

IR info: 1 877 700 1644

 

 

 

 

For an in-depth analyst report, please visit: www.WallstreetStockReview.com

 

Genomic Health, Inc.

(Nasdaq:GHDX)

Current Price (20.54)

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REDWOOD CITY, Calif.-- Oct 12 -- Biotechnology company Genomic Health Inc. said late Thursday its test for predicting the likelihood of recurrent breast cancer in postmenopausal women showed positive results.The study on the Oncotype DX was conducted by the Southwest Oncology Group, a National Cancer Institute clinical trials cooperative group. The test is a multi-gene expression test, used currently by physicians to predict recurrence and the likelihood of chemotherapy benefit for women with estrogen receptor positive, node-negative breast cancer.                  Genomic Health, Inc., a life science company, engages in the development and commercialization of genomic-based clinical diagnostic tests for cancer in the United States. Its clinical diagnostic tests for cancer enable physicians and patients to make individualized treatment decisions. The company?s genomic test, Oncotype DX, is a clinical laboratory test that predicts the likelihood of cancer recurrence, the likelihood of patient survival within 10 years of diagnosis, and the likelihood of chemotherapy benefit. This test is focused on patients with early stage, node negative, or N−, and estrogen receptor positive, or ER+, breast cancer. Genomic Health is in the early development phase of investigating additional genes and gene combinations that may add to the predictive power of Oncotype DX; and in the early development phase for a product to predict the likelihood of recurrence and chemotherapy benefit in N− and ER− breast cancer patients, as well as taxane benefit. In addition, the company has products in various stages of development for other cancers, including colon cancer, prostate cancer, renal cell cancer, non-small cell lung cancer, and melanoma. Further, it is in the early development phase to develop tests to predict the likelihood of response to the EGFR inhibitor class of drugs. Genomic Health has a collaborative agreement with Aventis, Inc. to investigate the ability of gene expression in fixed-paraffin-embedded tissues to predict the likelihood of response to adjuvant chemotherapy, including Taxotere, in patients with early breast cancer and zero to three involved lymph nodes. The company was founded in 2000 and is based in Redwood City, California.

 

Resolve Staffing, Inc.

(OTCBB:RSFF)

Current Price (0.40)

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CINCINNATI--Oct 12-Resolve Staffing, Inc. (OTCBB:RSFF - News) today issued its initial forecast for third quarter sales. Net Sales for the quarter ended September 30, 2007 are anticipated at approximately $64 million (GAAP). Sales for the nine months ended September 30, 2007 are projected at approximately $185 million (GAAP), an increase of $50 million over the nine months ended September 30, 2006. Moreover, Non-GAAP revenues for the quarter ended September 30, 2007 are projected to be approximately $128 million. Non-GAAP revenues for the nine months ended September 30, 2007 are projected to be approximately $376 million, and increase of $61 million over revenues for the nine months ended September 30, 2006. Resolve anticipates filing actual results by November 15, 2007.               Resolve HR (Resolve Staffing, Inc.) is a national provider of Human Resource Outsourcing (HRO) Services with offices reaching from New York to California. The Company employs over 6,000 temporary employees per week and, with the merger with ELS (www.elshr.com), Resolve now manages a PEO payroll of over 12,000 worksite employees in over 40 states with operations and service centers throughout the country. Resolve Staffing now provides turn key human resource management services to help its small-business clients tackle increased complexities associated with the employment aspect of their businesses. These services include payroll processing, employee benefits and administration, workers' compensation coverage, effective risk management and workplace safety programs. Resolve also provides a full range of supplemental staffing and outsourced solutions, including solutions for temporary, temporary-to-hire, or direct hire staffing in the medical, trucking, garment, clerical, office administration, customer service, professional and light industrial categories. For additional information on Resolve Staffing visit our website www.resolvestaffing.com.

 

Ace Marketing & Promotions, Inc

(OTC BB:AMKT)

Current Price (1.27)

www.WallstreetStockReview.com

VALLEY STREAM, NY---Oct 12, 2007 -- Ace Marketing & Promotions, Inc. (OTC BB:AMKT.OB - News), a premier Promotional Marketing solutions company, announces that its Corporate Brochure was selected for an award among 11,000 entries. Ace Marketing & Promotions, Inc. and its designer, Birgitta Millard, were awarded the 2007 American Graphics Design Award for its Ace Marketing & Promotions' Corporate Capabilities Brochure. The award was presented by Graphic Design USA, Agfa Graphics and The Creative Group. Adobe Systems Incorporated was the exclusive sponsor. For more details on GDUSA competitions, see http://www.gdusa.com.             Ace Marketing & Promotions, Inc. is a premier Promotional Marketing solutions company. Its Corporate Overview is available at http://www.acemarketing.net on the "About Us" tab. In addition Ace has also added several new revenue stream models. The long-term strategic plan is for Ace to find new opportunities while leveraging its core competencies.

 

Power Group, Ltd

(OTCBB: IPWG)

Current Price (0.10)

www.WallstreetStockReview.com

CELEBRATION, Fla.--Oct 12--International Power Group, Ltd. (OTC BB: IPWG - News), is pleased to announce that Add-Power engineers have satisfactorily completed all tests and are ready to initiate production of our one mega watt per hour unit.           International Power Group, Ltd. (the "Company") is dedicated to providing multifaceted alternative energy solutions in a sustainable and environmentally friendly manner. Through its subsidiaries, strategically placed around the world, and its strategic partnerships, the Company intends to provide turnkey solutions for waste disposal and electricity and potable water production. The Company intends to establish waste-to-energy facilities to convert commercial, hazardous, organic and toxic wastes into saleable electricity and potable water. The Company believes it is uniquely positioned to produce revenue from the in-processing of waste and the out-processing of electricity and while addressing the growing need for "green" sources of energy.

 

 

 

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