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)
(OTC BB:GXPI)
Current Price (0.10)
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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~
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
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 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
http://www.geminiexploration.com/ email: info@geminiexploration.com
IR info: 1 877 700 1644
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(OTC BB:HAPN.OB)
Current Price (4.65)
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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)
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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
Petaquilla Minerals Ltd.
(OTC BB:PTQMF.OB)
Current Price (3.17)
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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/
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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