Calgary, AB 11/5/2007 6:35:00 PM
News / Stocks

Hot Stock list for Monday, November, 5 2007

Stocks to Watch:  Gemini Explorations, Inc. (OTC BB:GXPI), InfuSystem Holdings, Inc. (OTC BB:HAPN.OB) , Ligand Pharmaceuticals Inc. (NasdaqGM:LGND) , Petaquilla Minerals Ltd. (OTC BB:PTQMF.OB) , Orchid Cellmark Inc. (NasdaqGM:ORCH)

 Featured Stock: Gemini Explorations, Inc.

(OTC BB:GXPI)

Current Price (0.10)

http://www.smallcapstockanalyst.com/

GEMINI EXPLORATIONS INC INCREASES PROJECTED CASH FLOW OF THE LOS CHORROS GOLD MINE

 

~Mine modernization projected to yield US$12,960,000 of net cash flow to Gemini~

 

Calgary, AB—Nov. 5 -- Gemini Explorations Inc, (“Gemini”) OTCBB: GXPI, is pleased to report that it has it has increased the cash flow projections for the Los Chorros Gold Mine. On October 25, 2007 Gemini reported vein sample results averaging 41.94 g/tonne Au which has increased the projected production yield from 12 to 20 grams per tonne. MPGS reports that a 100 tonne per day production rate would produce US$1,080,280 monthly and over US$12,900,000 annually. These estimates are based on US$730 per ounce gold with US$200 per ounce operating and production costs netting US$530 per ounce.

 

The Los Chorros Mine is currently being mined with extremely antiquated equipment and this report further solidifies Gemini’s belief that the project could be turned into a highly efficient producing gold project with low capital costs. Current mining operations at Los Chorros recover a low percentage of the available gold and precious metals present on the property. The plant would initially run at 30 to 50 tonnes/day with a targeted production rate of 100 tonnes per day during the first year. The total cost of the project is estimated to be US$595,900, adding a contingency factor of 30% would bring the maximum projected total to US$774,700.The reports were prepared by general manager Juan Fernando Restrepo and chief geologist Carlos Alberto Vera of Minera Primecap Geological Services (MPGS) of Medellin, 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.

 

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 and the low capital costs to upgrade the Los Chorros operating plant and the net cash flow estimates.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.

 

Michael Hill

President

Gemini Explorations, Inc

Suite 103, 240-11th Ave SW

Calgary, AB T2R 0C3

 

http://www.geminiexploration.com/  email: info@geminiexploration.com

 

IR info: 1 877 700 1644

 

 

 

 

 

 

For an in-depth analyst report, please visit : http://www.smallcapstockanalyst.com/

InfuSystem Holdings, Inc.

(OTC BB:HAPN.OB)

Current Price (4.65)

http://www.smallcapstockanalyst.com/

NEW YORK--Nov. 1--InfuSystem Holdings, Inc. (OTCBB: HAPN - News, HAPNW - News, HAPNU - News), the leading provider of ambulatory infusion pump services for administering chemotherapy, today announced the appointment of Steven E. Watkins as chief executive officer and a member of the board of directors. Mr. Watkins previously served as president of InfuSystem and will replace John Voris as chief executive officer. Mr. Voris will remain a member of the board of directors. As a result, the board will now consist of six directors.         InfuSystem provides external ambulatory infusion pump services to doctors and their patients allowing for the gradual delivery of a drug over a period of days in the privacy of one’s home, rather than higher dose treatments, as is the case of chemotherapy administered in a hospital setting or doctor’s office.

   

Ligand Pharmaceuticals Inc.

(NasdaqGM:LGND)

Current Price (5.00)

http://www.smallcapstockanalyst.com/

SAN DIEGO,Calif. --Nov. 1--Ligand Pharmaceuticals Incorporated (NASDAQ:LGND - News) announced today that John L. Higgins, President and Chief Executive Officer and Martin Meglasson, Vice President of Discovery Research, will both present at the Acumen BioFin Rodman & Renshaw Healthcare Conference on Monday, November 5, 2007, at 3:45 p.m. Eastern time (12:45 p.m. Pacific). The conference takes place at The New York Palace Hotel in New York City.                Ligand discovers and develops new drugs that address critical unmet medical needs of patients in the areas of thrombocytopenia, hepatitis C, cancer, hormone-related diseases, osteoporosis and inflammatory diseases. Ligand's proprietary drug discovery and development programs are based on its leadership position in gene transcription technology, primarily related to intracellular receptors.

Petaquilla Minerals Ltd.

(OTC BB:PTQMF.OB)

Current Price (3.17)

http://www.smallcapstockanalyst.com/

VANCOUVER, BRITISH COLUMBIA--Nov 1, 2007 -- Further to its news release dated October 25, 2007, Petaquilla Minerals Ltd. ("the "Company") (Toronto:PTQ.TO - News)(OTC BB:PTQMF.OB - News)(Frankfurt:P7Z.F - News) announces that it has closed the first tranche of its non-brokered private placement (the "Private Placement"), issuing a total of 2,093,500 Units at a price of $3.00 per Unit and raising gross proceeds of $6,280,500.                   Petaquilla Minerals Ltd. is an emerging gold producer scheduled to bring its 100%-owned Molejon Gold Project into production in fiscal year 2008. Anticipated throughput for the project during the first year of production will be 2200 tonnes per day. The plant will utilize three ball mills and a carbon-in-pulp processing facility.
     

Orchid Cellmark Inc.

(NasdaqGM:ORCH)

Current Price (4.65)

http://www.smallcapstockanalyst.com/

PRINCETON, N.J., Nov. 1 -- Orchid Cellmark Inc. (Nasdaq: ORCH - News), a leading worldwide provider of identity DNA testing services, today reported its financial results for the third quarter of 2007.  Total revenues were $15.6 million for the third quarter of 2007, compared to $15.7 million for the third quarter of 2006, a decrease of 1%. The decrease in revenues was primarily due to lower U.K. agriculture sample testing and to a lesser extent lower U.S. paternity revenues. The overall decrease was essentially offset by higher forensic testing service revenues in the U.S. and U.K.                         
Orchid Cellmark is a leading provider of identity DNA testing services for the human identity and agriculture markets. In the human identity area, the company provides DNA testing services for forensic, family relationship and security applications. In the agriculture field, Orchid Cellmark provides DNA testing services for selective trait breeding. Orchid Cellmark's strong market positions in these areas reflect the company's accredited laboratories in the U.S. and U.K., its innovative genetic analysis technologies and expertise, and the world-renowned Cellmark brand that has been associated with exceptional quality, reliability and customer service for nearly two decades. More information on Orchid Cellmark can be found at www.orchid.com.

 

 

 

 

 

 

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