Stocks to Watch: Gemini Explorations, Inc. (OTC BB:GXPI), Allegheny Technologies Incorporated (NYSE:ATI) , Covad Communications Group, Inc. (AMEX:DVW) , Puradyn Filter Technologies Incorporated (OTC BB:PFTI) , Majestic Oil & Gas, Inc (OTC BB:MJOG.OB)
Featured Stock: Gemini Explorations, Inc
(OTC BB: GXPI)
Current Price: (0.10)
www.SmallCapStockAnalyst.com
GEMINI EXPLORATIONS INC REPORTS FURTHER SAMPLING RESULTS FOR THE LOS CHORROS GOLD MINE
~Vein samples ranging up to 243 g/tonne Au with an average of 41.94 g/tonne Au ~
Calgary, AB --October 25, 2007 -- Gemini Explorations Inc, ("Gemini") OTCBB: GXPI, is very pleased to report further sampling results from the Los Chorros Gold Mine, a producing gold property in the El Bagre-Zargoza mining district, department of Antioquia, Colombia.
The vein samplings analyzed are of the continuous chip type along the principal vein with thickness varying between 0.20 m and 1.15 m and an average of 0.63 meters. The samples reported in Table 2 below ranged up to 243 g/tonne Au showing excellent consistency overall. Gemini recently reported vein sample results from Los Chorros of 6.4 g/tonne Au to 190.6g/tonne Au on September 19, 2007. The combined averages of the two reports to date are 41.94 g/tonne Au.
TABLE 2 Gold Content sampling made
ID Vein Thickness
(m) Wall Rock & Vein(m) Gold Content Au g/tonne
3021 0.45 1.04 12.11
3022 0.30 1.20 52.57
3023 0.25 1.04 60.21
3024 0.76 1.20 19.55
3025 0.55 1.12 22.53
3026 0.76 1.30 26.72
3027 0.80 1.30 8.29
3028 1.12 1.50 5.28
3029 0.45 1.15 15.23
3030 0.40 1.20 48.21
3031 0.59 1.10 76.41
3032 1.08 1.30 66.93
3033 0.60 1.15 0.00
3034 1.15 1.30 0.00
3035 0.40 1.00 14.15
3036 1.10 1.30 243.77
3037 Tailings 12.82
3038
Tailings 12.87
The results of the tailing samples could indicate that the veins carry a high percentage of free gold, although this situation must be confirmed later with further lab analysis.
Based on these new results Gemini will provide a detailed update of the Los Chorros Gold Mine production estimates in the coming days.
The Los Chorros Mine presents an excellent opportunity for Gemini to take advantage of the near record high gold bullion prices and provide an internal source of cash flow to fund its ongoing exploration programs and the 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.
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Allegheny Technologies Incorporated
(NYSE:ATI)
Current Price (99.31)
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PITTSBURGH--Oct 24--Allegheny Technologies Incorporated (NYSE:ATI - News) Allegheny Technologies Incorporated (NYSE:ATI - News) reported net income for the third quarter 2007 of $193.9 million, or $1.88 per share, on sales of $1.33 billion. Allegheny Technologies Incorporated, through its subsidiaries, engages in the production and sale of specialty metals worldwide. It operates in three segments: High Performance Metals, Flat-Rolled Products, and Engineered Products. The High Performance Metals segment produces, converts, and distributes a range of alloys, including nickel and cobalt-based alloys, and superalloys; titanium and titanium-based alloys; exotic alloys, such as zirconium, hafnium, niobium, nickel-titanium, and their related alloys; and other specialty metals, such as ingot, billet, bar, rod, wire, and seamless tube. The Flat-Rolled Products segment offers stainless steel, nickel-based alloys, and titanium and titanium-based alloys in various forms, including plate, sheet, engineered strip, and precision rolled strip products, as well as grain-oriented silicon electrical steel, and tool steels. The Engineered Products segment primarily offers tungsten powder, tungsten heavy alloys, tungsten carbide materials, carbide cutting tools, carbon alloy steel impression die forgings, and grey and ductile iron castings. This segment also offers precision metals processing services, such as grinding, polishing, blasting, cutting, flattening, and ultrasonic testing. The company markets its products to aerospace and defense, chemical processing, oil and gas, electrical energy, construction and mining, chemical, automotive, food processing equipment and appliances, machine and cutting tools, power generation, transportation, and medical industries. Allegheny Technologies was founded in 1960 and is based in Pittsburgh, Pennsylvania.
Covad Communications Group, Inc.
(AMEX:DVW)
Current Price (0.63)
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SAN JOSE, Calif.--Oct 25---Covad Communications Group Inc., (AMEX:DVW - News), a leading national provider of integrated voice and data communications, is rapidly becoming the broadband partner of choice for providers of Voice over IP communications throughout the US. Covad’s Voice Optimized Access (VOA) is being used to power VoIP services from over fifty partners, including Communications Xchange, Thinking Phone Networks, and North American Telecom. These providers offer voice services to business or residential customers who have come to depend on the reliability of Covad VOA. Covad Communications Group, Inc., together with its subsidiaries, provides integrated voice and data communications in the United States. Its products and services primarily include high-speed or broadband, data communications, Internet access connectivity, voice over Internet protocol telephony (VoIP), fixed wireless broadband, and various related services. The company also provides digital subscriber line, T1, Web hosting, managed security, Internet protocol and dial-up, and bundled voice and data services. In addition, Covad Communications Group offers line-powered voice access service, which enables a wholesale partner to combine analog voice service with the company's consumer-grade data services. The company markets its wireline services under the brand names TeleSpeed, TeleSoho, TeleXtend, and TeleSurfer; and fixed wireless services under the brand name NextWeb. It serves the Internet service providers, telecommunications carriers, and other resellers, as well as offers its products and services to end-user customers. As of December 31, 2006, Covad Communications Group had approximately 519,000 broadband access end-users; 1,623 VoIP business customers with a combined total of approximately 2,805 VoIP sites; and approximately 3,400 fixed wireless broadband customers in service. The company was founded in 1996. It was formerly known as Covad Communications Company and changed its name to Covad Communications Group, Inc. in 1997. Covad Communications Group is headquartered in San Jose, California.
Puradyn Filter Technologies Incorporated
(OTC BB:PFTI)
Current Price (0.44)
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BOYNTON BEACH, FL----Oct 25, 2007 -- Puradyn Filter Technologies Incorporated (OTC BB:PFTI.OB - News) today announced that the puraDYN® oil filtration system has been approved by the Cascades Sierra Solutions Technical Advisory Team (CSS) as a recommended product for inclusion in its outreach centers. Puradyn (OTC BB:PFTI.OB - News) designs, manufactures and markets the puraDYN® Oil Filtration System, the most effective bypass oil filtration product on the market today. It continuously cleans lubricating oil and maintains oil viscosity to safely and significantly extend oil change intervals and engine life. Effective for internal combustion engines, transmissions and hydraulic applications, the Company's patented and proprietary system is a cost-effective and energy-conscious solution targeting an annual $15 billion potential industry. puraDYN® equipment was selected as the manufacturer used by the US Department of Energy in a three-year evaluation to research and analyze the performance, benefits and cost analysis of bypass oil filtration technology.
Majestic Oil & Gas, Inc
(OTC BB:MJOG.OB)
Current Price (0.29)
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CUT BANK, Mont., Oct. 25 -- Majestic Oil & Gas, Inc (the "Company") (OTC Bulletin Board: MJOG - News), a United States Public Company whose securities are qualified for quotation on the Over the Counter Bulletin Board today announced that the Company is drilling the Vandenbos #19-1 well, a wildcat natural gas well. Majestic Oil & Gas, Inc. engages in the acquisition, exploration, development, and operation of gas properties. It develops, produces, and sells oil and natural gas in the Rocky Mountain region for the gas transmission companies in the United States. The company, through its wholly owned subsidiary, Grizzly Energy, Inc., owns a 25% working interest in a producing gas well located in Section 36-T29N-R5W, Pondera County, Montana. As of December 31, 2006, the well had gas reserves of 64.78 million cubic feet of proved net producing reserves. It also has working interests in Boucher 27-1 well that consists of 16.65 million cubic feet of proved net producing reserves and is located in Section 27-T29N-5W, Pondera County, Montana. Majestic Oil & Gas was founded in 2002. The company was formerly known as M2 Group Energy Corporation and changed its name to Majestic Oil & Gas, Inc. in 2004. Majestic Oil & Gas is based in Cut Bank, Montana.
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