Stocks to Watch: Gemini Explorations, Inc. (OTC BB:GXPI), Far East Energy Corp. (OTCBB: FEEC.OB), Express-1 Expedited Solutions, Inc. (AMEX:XPO) , TechPrecision Corporation (OTC BB:TPCS.OB) , McMoRan Exploration Co. (NYSE:MMR)
Featured Stock: Gemini Explorations, Inc.
(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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(OTCBB: FEEC.OB)
Current Price (1.35)
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Express-1 Expedited Solutions, Inc.
(AMEX:XPO)
Current Price (1.32)
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BUCHANAN, Mich.--Nov. 1--Express-1 Expedited Solutions, Inc. (AMEX:XPO - News), an asset light provider of ground expedited transportation, announced today it is attending the Stephens Inc. Fall Investment Conference, Nov. 14-15 at the New York Palace Hotel, New York, New York. Express-1 CEO Mike Welch will meet with interested investors and provide an overview of the company and review third quarter results. Offering same-day, time-sensitive, and dedicated transportation to over 1500 customers, Express-1 is one of the largest ground expedite companies in the country. The company's premium transportation service is provided through its 24/7 operations center, by its experienced inside sales staff that uses the latest in vehicle tracking and dispatch software. Express-1 covers the 48 states and
TechPrecision Corporation
(OTC BB:TPCS.OB)
Current Price (1.40)
http://www.smallcapstockanalyst.com/
WESTMINSTER, Mass.--Nov.1--TechPrecision Corporation (OTC Bulletin Board: TPCS - News) (“TechPrecision Corporation”, or “the Company”), a leading manufacturer of large-scale, high-precision machined metal fabrications for the alternative energy, medical, nuclear, aerospace/defense and other commercial industries, today announced that it has commenced trading on the OTC Bulletin Board on Thursday, November 1, 2007. TechPrecision Corporation, through its wholly-owned subsidiary Ranor, Inc., produces high-precision, large scale metal fabrications and machined assemblies weighing up to 100 tons. A significant part of the Company’s revenues are derived from the alternative energy industry, with solar representing 38.7% of sales and nuclear 0.7% for the first quarter ended June 30, 2007 (FY 2008). Examples of its mission critical components in its key segments include large-scale steel chambers to produce high-performance furnaces used in the manufacture of solar ingots from which solar panels are made, nuclear reactor parts, nuclear waste storage systems, lifting and transportation equipment for the nuclear industry, and a key component for a proton beam therapy machine to treat cancer. The Company is one of a few end-to-end solutions providers with the ability to engineer metal fabrications, machine, assemble, test and deliver large-scale projects with tight tolerance levels.
McMoRan Exploration Co.
(NYSE:MMR)
Current Price (12.44)
http://www.smallcapstockanalyst.com/
McMoRan Exploration Co. is an independent public company engaged in the exploration, development and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the
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