Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Lufkin Industries, Inc. (Nasdaq:LUFK) , Fortuna Gaming Corp (OTC BB:FGAM), NovaStar Financial, Inc. (NYSE:NFI) , HC Innovations, Inc. (OTC BB:HCNV)
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.
For an in-depth analyst report, please visit: www.SmallCapStockAnalyst.com
Lufkin Industries, Inc.
(Nasdaq:LUFK)
Current Price (61.80)
LUFKIN, Texas, Oct. 18 -- The Board of Directors of Lufkin Industries, Inc. (Nasdaq: LUFK - News) today announced that Douglas V. Smith, Chief Executive Officer and Chairman of the Board of Directors, plans to retire effective March 1, 2008. Mr. Smith, age 65, who began his service with the Company in January 1993, will continue to serve as Chairman of the Board following his retirement. The Board of Directors has identified John F. "Jay" Glick, President of Lufkin, to succeed Mr. Smith as the Company's Chief Executive Officer following Mr. Smith's retirement. Mr. Glick, age 55, has been a senior officer of the Company since 1994, during which time he has also served as Vice President, General Manager of both the Oil Field and Power Transmission divisions. Lufkin Industries, Inc. sells and services oil field pumping units, foundry castings, power transmission products and highway trailers throughout the world. The Company has vertically integrated all vital technologies required to design, manufacture and market its products.
Fortuna Gaming Corp
(OTC BB:FGAM)
Current Price (0.17)
LAS VEGAS-Oct 17--Fortuna Gaming Corp. (OTCBB:FGAM - News), ("the Company") announced today that it is re-launching the Company in
NovaStar Financial, Inc.
(NYSE:NFI)
Current Price (5.95)
KANSAS CITY, Mo., Oct. 17 -- NovaStar Financial, Inc. (NYSE: NFI - News), a residential mortgage portfolio manager, today announced that it has been advised by the staff of NYSE Regulation, Inc. that the company's Common Stock (ticker symbol: NFI) and its 8.90% Class C Cumulative Redeemable Preferred Stock (ticker symbol: NFI PR C) no longer meet applicable standards for continued listing on the New York Stock Exchange due to a previously announced change in the company's corporate structure. NovaStar intends to request a review of this determination and will explore alternative arrangements for the listing or quoting of its common and preferred stock. The company's securities are expected to continue to trade on the NYSE pending review of the NYSE's determination. There can be no assurances that the company will receive a favorable review of the staff's determination or, if its securities are delisted from the NYSE, that they will trade in another securities marketplace. NovaStar Financial, Inc., a specialty finance company, engages in the origination, purchase, securitization, sale, investment in, and service of residential nonconforming loans and mortgage-backed securities in the
HC Innovations, Inc.
(OTC BB:HCNV)
Current Price (2.25)
SHELTON, Conn.--Oct 18--HC Innovations, Inc. (OTCBB: HCNV - News), a specialty care disease management company, today announced the formation of a National Clinical Advisory Board composed of physicians, nurses, nurse practitioners, social workers and other knowledgeable healthcare professionals. The objective of the Advisory Board is to provide clinical oversight, innovative ideas and input and creative suggestions on new opportunities and models of care for all programs administered by Enhanced Care Initiatives, Inc. (ECI), HC Innovations’ wholly owned management subsidiary. The Advisory Board will also monitor, review and approve all clinical standards of care and policies and procedures. HC Innovations creates value and cost savings for HMOs, nursing homes and insurance companies (government and private) by identifying niche markets with high medical costs and implementing proprietary solutions. HC Innovations combines proprietary information systems with highly trained nurses and nurse practitioners to improve health conditions with hands-on care. The results are improved patient outcomes. HC Innovations currently provides services for Medicare, Medicaid, sub-acute care and specialty-needs programs in
SmallCapStockAnalyst.com is owned and operated by Iron Consulting.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering secu rities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), SmallCapStockAnalyst.com is owned and operated by Iron Consulting. Iron Consulting has received thirty five thousand dollars from Equity Alliance Intl. LLC www.equityallianceir.com for a one month internet marketing program. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements ar e made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
Market Advisors Inc.
The information and opinions in this report were prepared by Market Advisors Inc. (located in
