Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), CytoCore Inc. (OTC BB:CYCR) , Guilin Paper, Inc (OTC BB:GUPR) , Modavox, Inc. (OTCBB: MDVX), PlanetLink Communications Inc. (OTC BB:PLKC.OB)
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
For an in-depth analyst report, please visit: www.WallstreetStockReview.com
CytoCore Inc.
(OTC BB:CYCR)
Current Price (0.30)
CHICAGO--Nov 13--CytoCore, Inc. (OTCBB:CYCR) , a biopharmaceutical research and medical device company focused on early detection and treatment of reproductive-tract cancers, today announced that it has entered into a five-year agreement with three one-year “evergreen” extensions with Grupo Palex SA for distribution of the SoftPap(TM) Cervical Cell Collector into Spain. Palex is one of
Guilin Paper, Inc
(OTC BB:GUPR)
Current Price (1.40)
NEW YORK--Nov 12--Guilin Paper, Inc. (the “Company”) (OTCBB: GUPR - News), a leading manufacturer of paper products and wood pulp in Guangdong and Guangxi provinces in China, announced today that, on November 08, 2007, as part of its strategic plan to increase production and sales of higher profit margin products, its wholly-owned subsidiary, Guangxi Forestry Lipu Paper Company Limited (“Lipu Paper”), entered into an agreement with Dongguan Dabu Paper Manufacturing, Inc. (“Dabu Paper”) to increase its supply of wood pulp to Dabu Paper. Guilin Paper, Inc. mainly engages in paper making, paper pulp production and power generation. The Company uses a series of high-tech and high value-add processes to produce special packaging paper and writing paper. In the next five years, the company will strive to produce the highest quality packaging paper and writing paper, and increase its market share to rank as one of the top 10 paper manufacturers in
Modavox, Inc.
(OTCBB: MDVX)
Current Price (1.38)
PHOENIX & SEATTLE--Nov 13-Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting and patented technologies pioneer, announced today it has established an agreement to deliver video advertising campaigns for the websites affiliated with the 19 television stations and eight radio stations owned and operated by Fisher Communications, Inc. (Nasdaq: FSCI - News) in the Pacific Northwest. Fisher Communications, Inc. will now offer a suite of rich media advertising options for its local and national advertisers utilizing the patented Modavox advertising platform from its leading news websites. Modavox, Inc. (www.modavox.com), a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
PlanetLink Communications Inc.
(OTC BB:PLKC.OB)
Current Price (0.002)
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