Stock Spotlight: Gemini Explorations, Inc. (OTCBB: GXPI)

Stocks to Watch: Gemini Explorations, Inc.  (OTCBB: GXPI), Prospect Capital Corporation (Nasdaq:PSEC) , Madison Minerals Inc (OTC BB:MMRSF) , Pinnacle Bank (OTC BB:PNNB) , American Commerce Solutions, Inc.  (OTC BB:AACS)

Featured Stock: Gemini Explorations, Inc.

(OTCBB: GXPI)

Current Price (0.12)

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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

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Prospect Capital Corporation

(Nasdaq:PSEC)

Current Price (16.18)

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NEW YORK, NY----Oct 12, 2007 -- Prospect Capital Corporation (NasdaqGM:PSEC - News) ("Prospect") announced that it has priced its public offering of 3.5 million shares of common stock at $16.34 per share, raising $57.19 million in gross proceeds. Prospect has granted the underwriters an option to purchase up to an additional 0.525 million shares to cover over-allotments, if any. The offering is subject to customary closing conditions and is expected to close on October 17, 2007.                Prospect Capital Corporation (www.prospectstreet.com) is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital's investment objective is to generate both current income and capital appreciation through debt and equity investments.

Madison Minerals Inc

(OTC BB:MMRSF)

Current Price (0.35)

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VANCOUVER, BRITISH COLUMBIA----Oct 12, 2007 -- Further to our news release of May 18, 2007 and update in our financial statements and MD&A filed on SEDAR September 28, 2007, Madison Minerals Inc. (CDNX:MMR.V - News)(OTC BB:MMRSF.OB - News) is pleased to report that it has received 3,521,648 shares of Buffalo Gold Ltd. on Buffalo's exercise of its option on 60 per cent of Madison's interest in the Mount Kare Gold Project in Papua New Guinea. Madison received the shares on the completion of all PNG governmental approvals, and the shares become free trading on October 29, 2007. The closing price of Buffalo shares on October 11, 2007 was $0.67.                  Madison's initial drilling at Buena Vista was conducted during the 2006 exploration campaign and comprised seven widely spaced RC holes along a 1,700-foot strike extent which included previously released results of 5.44 g/t gold over 7.6 metres in hole MAD-64 and 2.82 g/t gold over 10.7 metres in hole MAD-70.

Pinnacle Bank

(OTC BB:PNNB)

Current Price (10.00)

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BEAVERTON, Ore.--Oct 12--Pinnacle Bank of Oregon (OTCBB:PNNB - News) announced today that due to the weakening housing construction market, the bank expects to report a net loss for the third quarter. The expected loss will be due to a third quarter loan loss provision of approximately $1.4 million. Despite the large provision, the Bank expects to continue to be well-capitalized by regulatory standards.          Pinnacle Bank was founded in 2002 and is one of Oregon's fastest growing community banks with $80 million in assets. Headquartered in Beaverton, Oregon, it focuses primarily on small- to medium-sized businesses, business owners and professionals. Pinnacle Bank's employees are experienced bankers who understand, respect and service our customer deposit and lending needs. Located at 8880 SW Nimbus Avenue/Suite D, Beaverton, Oregon 97008. Phone 503.644.3000. Fax 503.643.4459. www.PinnacleBankOregon.com. Member FDIC, Equal Housing Lender. OTCBB:PNNB

American Commerce Solutions, Inc.

(OTC BB:AACS)

Current Price (0.0092)

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BARTOW, FL----Oct 12, 2007 -- American Commerce Solutions, Inc. (OTC BB:AACS.OB - News) today released preliminary results of second-quarter operations for its wholly owned subsidiary, IMW, showing a continued trend of improvement over same quarter, prior year, results.              American Commerce Solutions, Inc., through its subsidiaries, provides specialized machining services for heavy industry. It operates in two segments, Manufacturing and Fiberglass. The Manufacturing segment offers specialized machining of components and machinery repair to industries, such as aerospace, agricultural processing, chemical, defense, mining, maritime, and power generation. It also provides heavy equipment service, which includes repair and bonded rebuilds of engines, tracks, undercarriages, transmissions, final drives, and hydraulic systems on heavy equipment from the heavy construction industry, including bulldozers, scrapers, loaders, excavators, large tractors, and rollers. In addition, this segment sells replacement parts to the heavy equipment market, directly to the end users. The Fiberglass segment produces a line of fiberglass trailers suitable for a range of uses, including the transportation of motorcycles, ATVs, personal watercraft, small vehicles, vending, mobile fiber optic workstations, utility, and other specialized applications. It sells its products through a network of dealers in the United States, as well as directly to individuals. The company was incorporated in 1991 as Jaque Dubois, Inc. and changed its name to JD American Workwear, Inc. 1995. Further, it changed its name to American Commerce Solutions, Inc. in 2000. American Commerce Solutions is based in Bartow, Florida.

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