Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), HydroGen Corporation (Nasdaq:HYDG) , Wealth Minerals Ltd (OTCBB:WMLLF) , Consolidated-Tomoka Land Co. (AMEX:CTO) , NS8 Corporation (OTC BB:NSEO)
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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HydroGen Corporation
(Nasdaq:HYDG)
Current Price (2.99)
CLEVELAND, Oct. 17, 2007 -- HydroGen Corporation (NasdaqCM:HYDG - News), a designer and manufacturer of multi-megawatt air-cooled phosphoric acid fuel cell (PAFC) systems, announced that the Pennsylvania Energy Development Authority (PEDA) this week granted the Company $500,000 to fund the design, manufacture, and installation of commercial scale gas clean-up modules to validate the use of surplus hydrogen-rich coke oven gas for commercial scale fuel cell power plants to produce electricity. HydroGen will be working in cooperation with U.S. Steel's Mon Valley Works plant in
Wealth Minerals Ltd
(OTCBB:WMLLF)
Current Price (3.40)
Consolidated-Tomoka Land Co.
(AMEX:CTO)
Current Price (68.23)
DAYTONA BEACH, Fla., Oct. 18 -- Consolidated-Tomoka Land Co. (Amex: CTO - News) reported net income of $2,102,564 or $.37 earnings per basic share and earnings before depreciation, amortization and deferred taxes (EBDDT) of $3,165,382 or $.55 per share for the quarter ended September 30, 2007. The comparable numbers for the third quarter of 2006 were net income of $2,384,018 or $.42 earnings per basic share and EBDDT of $5,106,075 or $.90 per share. For the nine months ended September 30, 2007, net income totaled $2,634,692 or $.46 earnings per basic share, compared with net income of $8,251,984 or $1.45 earnings per basic share in 2006. EBDDT totaled $5,119,297 or $.90 per share in 2007's first nine months, compared with $13,268,186 or $2.34 per share in 2006 for the same period. Consolidated-Tomoka Land Co., through its wholly owned subsidiaries, engages in the real estate land sales and development, reinvestment of land sales proceeds into income properties, and golf course operations. Its real estate operations include commercial real estate, land sales and development, residential and agricultural operations, and leasing properties for oil and mineral exploration. The company's income properties primarily consist of owning properties leased on a triple-net and double-net basis. Consolidated-Tomoka's golf operations comprise the operation of two golf courses, a clubhouse facility, and food and beverage activities. It operates in
NS8 Corporation
(OTC BB:NSEO)
Current Price (0.01)
LOS ANGELES, Oct. 17, 2007 -- NS8 Corporation (``NS8'') (OTC BB:NSEO.OB - News) announces that it has retained the services of AGORACOM Investor Relations (``AGORACOM'') (http://www.agoracom.com) to provide online investor relations to the Company including, a Web 2.0 social network service for its shareholders and Tier-1 awareness through the world's biggest websites for the purpose of expanding its market and investor communications. NS8 Corporation (www.ns8corp.net) is a Digital Interactive Media Distribution Company that specializes in the development of server-based technologies in the areas of content licensing, digital media publishing and royalty distribution management, including interactive consumer viewing systems for Internet on-demand applications for PC, and other portable media devices. iWave Interactive Systems is a division of NS8 Corporation that specializes in providing turn-key Broadcast Management Solutions for digital content over Internet enabled networks.
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