Calgary, AB 11/12/2007 8:20:00 PM
News / Stocks

Featured Stock: Gemini Explorations, Inc.(OTCBB: GXPI)

 

Stocks to Watch: Gemini Explorations, Inc.  (OTCBB: GXPI), Vonage Holdings Corporation (NYSE:VG), Minera Andes Inc. (OTCBB:MNEAF) , Noven Pharmaceuticals, Inc. (NasdaqGS:NOVN) , WorldGate Communications, Inc. (Nasdaq:WGAT)

 

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

 

Calgary, AB - November 12, 2007-- Gemini Explorations Inc, (“Gemini”) OTCBB:GXPI, is pleased to report that Minera Primecap Geological Services (MPGS) has commenced work on a detailed topographical survey of the Los Chorros Gold Project. The survey will be detailed on a 1:1000 scale with contours spaced every 5 meters. Minera Primecap Geological Services (MPGS) will perform the survey and detailed map preparation. MPGS has also reported that the drill program along the main vein be set at 50 meter spacings with depths ranging between 160 and 340 meters. Carlos Alberto Vera, Chief geologist of MPGS believes that if the predicted drill program throws positive results the resource estimate would be increased by 30% in the exposed areas of the mine.

 

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

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.wallstreetstockreview.com/

 

Vonage Holdings Corporation

(NYSE:VG)

Current Price (2.31)

www.WallstreetStockReview.com

HOLMDEL, N.J., Nov. 8-- Vonage Holdings Corp. (NYSE: VG - News), a leading provider of broadband telephone service, today announced results for the quarter ended September 30, 2007.  Revenue for the third quarter 2007 grew to a record $211 million, a 30% increase from $162 million in the third quarter 2006, driven by customer line growth and an increase in average revenue per line.               Vonage Holdings Corporation, through its subsidiaries, provides broadband voice over Internet protocol services to residential, and small and home office customers primarily in the United States, Canada, and the United Kingdom. It provides broadband telephone services through various service plans, including call waiting, caller ID, and call forwarding. The company also offers other features, such as area code selection; service and number portability; online account management; and personalized Web-enabled voicemail that allows customers to add or change its features online. In addition, it provides virtual phone numbers, toll free numbers, residential fax services, and business fax services, as well as Vonage SoftPhone, a software application that is downloaded and installed on computers, laptops, and WiFi-enabled personal digital assistant devices, which enables user to use a computer as a telephone. Further, the company offers Vonage-enabled devices, such as analog telephone adapters, which convert analog audio signals into digital data packets for transmission over the Internet; integrated adapters and routers; integrated cordless phones; WiFi phone, a pocket-sized wireless Internet phone; and V-phone, a USB compatible device. As of December 31, 2006, it had approximately 2.2 million subscriber lines. The company, formerly known as MIN-X.COM, was founded in 2000. It changed its name to Vonage Holdings Corporation in 2001. The company is headquartered in Holmdel, New Jersey.

 

Minera Andes Inc.

(OTCBB:MNEAF)

Current Price (1.97)

www.WallstreetStockReview.com

SPOKANE, WA, Nov. 9--- Minera Andes Inc. (TSX: MAI and US OTC: MNEAF) is pleased to announce that the San Jose mine attained some production during the third quarter commissioning and start-up of the mine. Currently, the mining operation is expected to reach full production by year end and the process plant in commissioning is forecast by Minera Andes to reach full capacity in first half of 2008. The San Jose project is operated by Minera Santa Cruz S.A. ("MSC") is owned 51% by Hochschild Mining plc and 49% by Minera Andes.                Minera Andes is a gold, silver and copper exploration company working in Argentina. The Corporation holds about 410,000 acres of mineral exploration land in Argentina including the co-owned San Jose silver/gold mine that has started initial production. Minera Andes is also exploring the Los Azules copper project in San Juan province, where an exploration program is underway to define a resource. Other exploration properties, primarily silver and gold, are being evaluated in southern Argentina. The Corporation presently has 166,700,767 shares issued and outstanding.

 

Noven Pharmaceuticals, Inc.

(NasdaqGS:NOVN)

Current Price (14.94)

www.WallstreetStockReview.com

MIAMI--Nov. 8--Noven Pharmaceuticals, Inc. (NASDAQ:NOVN - News) today announced financial results for the three-month and nine-month periods ended September 30, 2007.  On August 14, 2007, Noven completed the acquisition of JDS Pharmaceuticals, LLC (“JDS”), a specialty pharmaceutical company focused in psychiatry and women’s health. Noven’s results reported today include the results of operations for JDS from that date through September 30, 2007.             Noven Pharmaceuticals, Inc., headquartered in Miami, Florida, has established itself as a leading developer of advanced transdermal drug delivery technologies and prescription transdermal products. Its commercialized transdermal products include Vivelle-Dot® (estradiol transdermal system), the most prescribed estrogen patch in the U.S., and Daytrana™ (methylphenidate transdermal system), the first and only patch approved for the treatment of ADHD.

 

WorldGate Communications, Inc.                                                                 

(Nasdaq:WGAT)

Current Price (0.20)

www.WallstreetStockReview.com

TREVOSE, Pa.--Nov. 9--WorldGate Communications, Inc. (OTCBB: WGAT.OB - News), a leading provider of personal video phones, today announced its financial results for the third quarter ended September 30, 2007.  The third quarter of 2007 was marked by the Company’s focus on the Video Relay Services (VRS) market for its products, by completing the development work enabling Ojo to interoperate with other VRS video phones, by the commencement of product shipments to Snap!VRS customers, and by the receipt of initial network service fees earned through our financial arrangement with Snap!VRS.                                  WorldGate Communications, Inc. designs, manufactures, and distributes the Ojo line of personal video phones. Ojo video phones offer high quality, real-time, two-way video communications with video messaging. The Ojo video phones are designed to conform to industry standard protocols and utilize enhancements to the latest technology for voice and video compression to achieve superior quality at data rates as low as 80 Kbps. WorldGate has been awarded patents for its distinctive design and technology and has other patents pending. This unique combination of functional design, advanced technology and use of broadband networks provides real-time video communication experiences that bring families and friends closer together, and for the first time provides consumers with a high-quality, affordable video phone. WorldGate is traded on NASDAQ under the symbol WGAT. WorldGate and Ojo are trademarks of WorldGate Service Inc. Any other trademarks used in this document are the property of their respective owners.

 

 

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