Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Online Vacation Center Holdings Corp (OTC BB:ONVC.OB) , Narrowstep Inc. (OTCBB: NRWS) , HealthSport, Inc. (OTC BB:HSPO) , American Resource Technologies, Inc. (OTC BB:ARUR)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.12)
Gemini Explorations, Inc. Receives Proposals to Increase Revenue at the Los Chorros Gold Mine
Tuesday October 16, 2:30 am ET
CALGARY, AB----Oct 16, 2007 -- Gemini Explorations, Inc. ("Gemini") (OTC BB:GXPI.OB - News) 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
Historically one of the largest gold producing countries in the world,
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.
Contact:
Michael Hill President Gemini Explorations, Inc Suite 103240-11th Ave SW Calgary , AB T2R 0C3 http://www.geminiexploration.com email: info@geminiexploration.com IR info: 1 877 700 1644
Source: Gemini Explorations, Inc.
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Online Vacation Center Holdings Corp
(OTC BB:ONVC.OB)
Current Price (1.75)
PLANTATION, Fla.--Oct 16--Online Vacation Center Holdings Corp. (OTCBB: ONVC - News) is pleased to announce it has signed a Memorandum of Understanding with the Institute of Shipboard Education (ISE) to market unique voyages focused on the exploration and study of cultures around the world. ISE operates the well-known Semester at Sea® study abroad program, with the top ranked
Narrowstep Inc.
(OTCBB: NRWS)
Current Price (0.33)
NEW YORK & LONDON--Oct 16--Narrowstep(TM) Inc. (OTCBB:NRWS - News), the TV on the Internet company, announced today that it has upgraded its telvOS(TM) platform and its CDN network which the Company believes will enable it to offer enterprise customers the most sophisticated tools and functionality on the market. The Company also announced its results for the second quarter of fiscal year 2008, ended August 31, 2007 which included significant investments in the company's video-centric content distribution network and the Company's telvOS operating system. Narrowstep(TM) Inc. (OTCBB:NRWS - News), the TV on the Internet company, is a leading provider of Internet TV services supporting over 180 channels worldwide. Narrowstep's proprietary technology platform delivers the highest quality, TV-like experience available on the Internet. A pioneer in delivering Internet TV, Narrowstep offers the expertise and technology to move, manage and monetize video content across the Internet. For more information about Narrowstep, please visit http://www.narrowstep.com or call 609-951-2221.
HealthSport, Inc.
(OTC BB:HSPO)
Current Price (1.50)
AMHERST, N.Y, Oct. 16, 2007 -- HealthSport, Inc. (OTC BB:HSPO.OB - News), a fully integrated developer, manufacturer and marketer of branded nutritional supplements in a one-of-a-kind edible film strip delivery system, announced today its wholly-owned subsidiary, Cooley Nutraceuticals, Inc., has reached an agreement with USA Drug (USAD) to become an authorized distributor of Fix(tm) Hangover Strips (http://www.fixstrips.com). HealthSport (http://www.healthsportinc.com) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplements and over-the-counter drugs. The Company owns two subsidiaries -- Enlyten, Inc. and InnoZen, Inc. Enlyten was created to market and distribute HealthSport's products. InnoZen (http://www.innozen.com) is the preeminent formulator, developer and manufacturer of edible film strips that deliver drug actives through buccal (between the cheek and gum) absorption. InnoZen's proprietary edible film strip delivery technology is superior to any other competitive edible film strips currently on the market. InnoZen has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of edible film strips. The company's Enlyten(tm) SportStrips(tm) (http://enlytenstrips.com), an edible film electrolyte strip, has recently undergone and completed pre-market testing conducted in conjunction with physicians and scientists at Duke University Sports Medicine & The Michael W. Krzyzewski Human Performance Laboratory (``K Lab'') (http://klab.surgery.duke.edu). Preliminary findings of these tests suggest that the Enlyten electrolyte strip delivers meaningful amounts of electrolytes to the body in a safe, fast and effective manner.
American Resource Technologies, Inc.
(OTC BB:ARUR)
Current Price (0.19)
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