Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Atlantis Technology Group (OTC BB:ATNOD) , NewMarket Technology, Inc. (OTC BB:NMKT) , Foldera(TM), Inc. (OTCBB:FDRA), Derma Sciences, Inc. (OTC BB:DSCI)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.16)
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GEMINI EXPLORATIONS INC REPORTS ON FINANCING OPTIONS FOR RE-DEVELOPMENT OF THE LOS CHORROS GOLD MINE
~Mine modernization projected to yield US$12,900,000 of net cash flow to Gemini~
Calgary, AB, --November 14, 2007-- Gemini Explorations Inc, (“Gemini”) OTCBB: GXPI, is pleased to report that it has received numerous enquiries and offers to finance the modernization and complete re-development of the Los Chorros Gold Mine. Gemini has received investment finance offers from both institutional and individual investors in
.
Current mining operations at Los Chorros recover a low percentage of the available gold and precious metals present on the property. Gemini’s plans are to completely modernize the mine and 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
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.
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 ability to complete financing of the modernization of the Los Chorros Gold Mine, the expectation of the gold production of the property, the expected completion date of the redevelopment and modernization of the Los Chorros Gold mine, 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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Atlantis Technology Group
(OTC BB:ATNOD)
Current Price (0.09)
COLORADO SPRINGS, CO---Nov 12, 2007 -- Technology development pioneer Atlantis Technology Group (OTC BB:ATNOD.OB - News) announced today the group had entered protracted negotiations with i-Stream Console and Global Broadband Television developer Intervision, LLC, for the development and distribution rights of the company's revolutionary i-Stream Console media system. Atlantis Technology Group was formed to develop privately held and publicly traded technology companies that focus on high-growth investments at the leading edge of business and technological innovation. Atlantis Technology Group is engaged in providing debt and equity financing to public and private companies, as well as private equity funds, for working capital, acquisitions, management buyouts, projects and special situations within the newly announced target area. The Company's management intends to aggressively pursue new acquisitions that would enhance the existing portfolio of investments and that would be expected to enhance shareholder value through capital appreciation and dividend payments to the Company. Atlantis Technology Group intends to offer its clients a "one stop shop" of equity and senior, subordinated, structured and mezzanine debt to realize their business development objectives.
NewMarket Technology, Inc.
(OTC BB:NMKT)
Current Price (0.22)
DALLAS, TX----Nov 13, 2007 -- NewMarket Technology, Inc. (OTC BB:NMKT.OB - News) today announced CEO Philip M. Verges has released a letter to shareholders to review year-to-date financial performance in addition to providing shareholders with an update on the Company's continued emerging market success and evolving market strategy in developing economies. The letter includes an early outlook of 2008 plans.
Foldera(TM), Inc.
(OTCBB:FDRA)
Current Price (0.30)
HUNTINGTON BEACH, Calif.--Nov 13--Foldera(TM), Inc. (OTCBB:FDRA), a next-generation information organizer and messaging/collaboration service, today announced that it has engaged the services of Cambridge Technology Consulting Group, Inc. to improve the company’s software development process. Foldera, Inc., a development stage company, provides a free Web-based software system that enables users to work collaboratively in an organized way within a shared electronic workspace. It offers Foldera, a Web-based organizer and messaging/collaboration service. Foldera combines Web-based email, instant messaging, a document manager, a task manager, a calendar, a contact manager, and sharable folders into a unified productivity suite, available with a single login from any Web browser. It also sorts and files the sent and incoming email, instant message dialogs, documents, tasks, and events into folders instantly, on a project-by-project basis, chronologically, and in real-time. The company was founded in 2001 and is headquartered in
Derma Sciences, Inc.
(OTC BB:DSCI)
Current Price (0.70)
PRINCETON, N.J.--Nov 12--Derma Sciences (OTCBB:DSCI - News), a manufacturer and marketer of advanced wound care products, today announced that the Statistical Analysis Durable Medical Equipment Regional Carrier (SADMERC) – a contracted intermediary and carrier for the Centers for Medicare & Medicaid Services (CMS) – has notified the company of its decision regarding Healthcare Common Procedure Coding System (HCPCS) codes for billing purposes for MEDIHONEYTM Calcium Alginate dressings with Active Leptospermum Honey. The awarded codes are as follows: About Derma Sciences, Inc. Derma Sciences, Inc. provides a full range of advanced wound care, traditional wound care, skin care, and specialty securement devices that are used primarily in the professional markets, specifically hospitals, out-patient wound care clinics, nursing homes and home care settings. The company has recently licensed several novel advanced wound care technologies which they hope to begin selling within 2007. For more additional information, visit Derma Sciences' website: http://www.dermasciences.com.
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