Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Alliance One International, Inc. (NYSE:AOI), Petrosearch Energy Corporation (OTCBB:PTSG), Synthesis Energy Systems, Inc. (NasdaqCM:SYMX) , Cubic Energy, Inc. (OTCBB:QBIK)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.16)
http://www.wallstreetstockreview.com/
GEMINI EXPLORATIONS INC UPDATES LOS CHORROS PHASE TWO WORK PROGRAM
The Los Chorros Mine is currently being mined with extremely antiquated equipment and Gemini believes 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. Gemini reported on November 5, 2007 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.
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 to be acquired, the low capital costs to upgrade the Los Chorros operating plant, the assumed production and net cash flow.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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Alliance One International, Inc.
(NYSE:AOI)
Current Price (4.77)
MORRISVILLE, N.C., Nov. 8 -- Alliance One International, Inc. (NYSE: AOI - News) today announced results for the quarter and six months ended
Alliance One International is a leading independent leaf tobacco merchant serving the world's large multinational cigarette manufacturers. For more information on Alliance One, visit the Company's website at www.aointl.com.
Petrosearch Energy Corporation
(OTCBB:PTSG)
Current Price (.94)
HOUSTON--Nov. 9--Petrosearch Energy Corporation (OTCBB:PTSG - News) announced today that management will hold its third quarter 2007 conference call on November 15, 2007 at 9 AM EST. During this call, Petrosearch's senior executives will discuss the Company's financial results for the third quarter of 2007, provide an update on current developments affecting the Company and respond to questions. Petrosearch Energy Corporation, a
Synthesis Energy Systems, Inc.
(NasdaqCM:SYMX)
Current Price (10.30)
HOUSTON, Nov. 8 -- Synthesis Energy Systems, Inc. (the "Company") (Nasdaq: SYMX - News) announced today that it has closed a public offering of 5,951,406 shares of its common stock at $9.00 per share, of which 1,750,000 shares were purchased directly by AEI. CRT Capital Group LLC acted as the sole placement agent for the other 4,201,406 shares purchased in the offering. The Company is an energy and technology company that deploys proprietary systems and technology to gasify low value fuels to replace high cost energy and chemical products sold to major global markets. The U-GAS(r) technology, which the Company licenses from the Gas Technology Institute, is designed to turn high-ash coals and waste coal products into high value synthesis gas for use in chemical applications or as a feedstock for producing transportation fuels. The technology gasifies coal without many of the harmful emissions normally associated with coal combustion plants. The Company currently has offices in
Cubic Energy, Inc.
(OTCBB:QBIK)
Current Price (1.19)
DALLAS, Nov. 9, 2007 -- Cubic Energy, Inc. (OTC BB:QBIK.OB - News) (``Cubic'' or the ``Company'') announces today that the Daniels 3 No. 1, which spud on October 13, 2007, reached a total depth of 11,750 feet on Monday, November 5, 2007. The Company has finished logging operations with Schlumberger, and upon initial evaluation, the logs appear to have similar positive characteristics to the Gloria's Ranch 16 No. 1 in the
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