Calgary, AB 10/16/2007 7:15:00 PM
News / Finance

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

 

Stocks to Watch: Gemini Explorations, Inc.  (OTCBB: GXPI), Devine Entertainment Corporation (OTC BB:DVNNF) , Brocade (Nasdaq:BRCD) , Legend Credit  (OTC BB:LGMB) , TouchStone Software Corporation  (OTCBB: BTOD)

 

 

Featured Stock: Gemini Explorations, Inc.

(OTCBB: GXPI)

Current Price (0.12)

www.SmallCapStockAnalyst.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.SmallCapStockAnalyst.com

 

 

Devine Entertainment Corporation

(OTC BB:DVNNF)

Current Price (0.17)

www.SmallCapStockAnalyst.com

TORONTO--Oct 12--Devine Entertainment Corporation (OTCBB:DVNNF - News), capitalizing on the burgeoning global demand for high quality film and television content, has announced that the Company's primetime mystery series "Across the River to Motor City" will premier next month on November 22, 2007, on Canada's Citytv network, one of Canada's major television networks, airing on stations throughout the country. The series represents Devine's first foray into primetime entertainment targeting the mainstream adult age audience, building upon its award-winning success as a producer of family and children's film and television.                    Devine Entertainment Corporation develops, creates, and produces award-winning television programming and feature films for worldwide distribution across multiple TV broadcast networks, cable and satellite networks, DVD and Internet markets. Specializing in cultural and educational programming as well as prime-time drama and comedy entertainment programming, the Company's titles have garnered more than 120 international film and television industry awards, including five Emmy and five Gemini Awards. The Company partners with leading international distributors, broadcasters and co-producers, such as Sony BMG, Rogers Media and The Carrere Group of France, to produce and distribute its award-winning film and television titles.

 

Brocade

(Nasdaq:BRCD)

Current Price (9.11)

www.SmallCapStockAnalyst.com

SAN JOSE, Calif., Oct. 15  -- Brocade® (Nasdaq: BRCD - News), the leading provider of networked storage solutions that help enterprises connect and manage their information, today announced more industry firsts with the addition of new performance and interoperability levels for its flagship Brocade 48000 Director. The new capabilities extend Brocade's performance leadership with the industry's first 8 Gbit/sec SAN switching capabilities, and also provide customers who own classic McDATA technology with an interoperable path to more easily grow and evolve their data center fabrics.                    Brocade is the leading provider of networked storage solutions that help organizations connect, share, and manage their information. Organizations that use Brocade products and services are better able to optimize their IT infrastructures and ensure compliant data management. For more information, visit the Brocade Web site at www.brocade.com or contact the company at info@brocade.com.

 

Legend Credit

(OTC BB:LGMB)

Current Price (0.02)

www.SmallCapStockAnalyst.com

NEW YORK, NY----Oct 15, 2007 -- Legend Credit (OTC BB:LGMB.OB - News), a subsidiary of Legend Mobile Inc., today announced that is has acquired the broadcast rights to Champion Cage Fighters' mixed martial arts events for the next two years.               Legend Mobile, Inc. engages in the development and marketing of branded mobile phone products. Its products include faceplates, phone accessories, SMS services, and mobile data applications. The company, through its subsidiary, Legend Credit, Inc., develops and markets stored value cards, including gift cards bearing the Visa and MasterCard logo. It also sells a NASCAR-themed, SMS-based text messaging service called ?Racemobile.com'. In addition, Legend Mobile markets a MasterCard debit card using the trademarks of ?The Apprentice' television show through the Internet on the Web site, apprenticecard.com. The company was founded in 1997. It was formerly known as PTN Media, Inc. and changed its name to Legend Mobile, Inc. in 2002. Legend Mobile is based in New York, New York.

 

TouchStone Software Corporation

(OTCBB: BTOD)

Current Price (0.64)

www.SmallCapStockAnalyst.com

NORTH ANDOVER, Mass.--October 15-TouchStone Software Corporation (OTC BB: TSSW - News), a developer of innovative web applications and utility software, today announced that it has launched its new RegistryWizard Windows® application on the world wide web and can be accessed at www.RegistryWizard.com.                  TouchStone Software Corporation, Inc., together with its subsidiary, eSupport.com, Inc., engages in the development, marketing, and support of system management software and personal computer diagnostics for personal computers and embedded systems in the United States and internationally. The company?s products include basic input/output software (BIOS) upgrade solutions that enable end-users to keep their systems current by enabling the latest technology; CheckIt Portable Edition, a modular PC testing and diagnostics tool that brings the power of a testing laboratory to the one who installs, checks, develops, refurbishes, or repairs PC hardware; the ISA and PCI Postcard, a plug-in diagnostic card to aid IT professionals and PC end-users to determine the causes of their system failures; and Driver Agent, a PC hardware scan, analyze, and update technology specific to device drivers. It also provides supporting products and engineering services that simplify personal computer installation, support, and maintenance. The company distributes and markets its products directly and via Internet to original equipment manufacturers; end-users; enterprises; government agencies; educational and financial institutions; and the designers and manufacturers of motherboards, PC systems, and other microprocessor-based or embedded devices. TouchStone Software was founded in 1982 and is headquartered in North Andover, Massachusetts.

 

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