Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), ImmunoGen, Inc. (Nasdaq:IMGN) , International Commercial Television, Inc. (OTCBB: ICTL), Exponent, Inc. (Nasdaq:EXPO) , USA Mobility, Inc. (Nasdaq:USMO)
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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ImmunoGen, Inc.
(Nasdaq:IMGN)
Current Price (4.98)
International Commercial Television, Inc.
(OTCBB: ICTL)
Current Price (2.65)
BAINBRIDGE ISLAND, WASHINGTON----Oct 18, 2007 -- International Commercial Television, Inc. (OTC BB:ICTL.OB - News) ("ICTV" or "The Company") a premier consumers products company employing the strength of revenue generating, prominently profiled infomercial campaigns to market and brand unique "Fountain of Youth" products to the global consumer through multi-channels of distribution including Direct Response Television ("DRTV"), retail and the internet comments wishes to announce the following. International Commercial Television, Inc. produces long-form and short-form infomercials in the
Exponent, Inc.
(Nasdaq:EXPO)
Current Price (27.61)
MENLO PARK, Calif., Oct. 17 -- Exponent, Inc. (Nasdaq: EXPO - News) today reported financial results for the third quarter and nine months ended September 28, 2007.For the third quarter of 2007, total revenues increased 13% to $48,904,000, as compared to $43,333,000, in the same period of 2006. Revenues before reimbursements grew 12% to $44,916,000, as compared to $40,049,000, last year. Net income increased 35% to $5,037,000, or $0.31 per diluted share, as compared to $3,743,000, or $0.22 per diluted share, in 2006. Exponent is an engineering and scientific consulting firm providing solutions to complex problems. Exponent's multidisciplinary organization of scientists, physicians, engineers, and business consultants brings together more than 90 technical disciplines to address complicated issues facing industry and government today. The firm is best known for analyzing accidents and failures to determine their causes, but in recent years it has become more active in assisting clients with their new products to help prevent problems in the future. In addition, Exponent evaluates human health and environmental concerns to find cost-effective solutions.
USA Mobility, Inc.
(Nasdaq:USMO)
Current Price (15.61)
ALEXANDRIA, Va.--October 17-USA Mobility, Inc. (Nasdaq: USMO - News), a leading provider of wireless messaging and communications services, today announced several changes to its executive management team.Thomas L. Schilling, the Company's chief financial officer, will now serve as chief operating officer and chief financial officer. In addition to his current responsibilities, in his expanded role Schilling will be responsible for information technology, supply chain management, and customer operations and service. USA Mobility, Inc., headquartered in
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