Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), MobiClear Inc. (OTCBB:MBIR), Patriot Scientific (OTC BB:PTSC) , ALL Fuels & Energy Company (OTC BB:AFSE.OB) , HearAtLast Holdings, Inc. (PinkSheets:HRAL)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.16)
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
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
www.geminiexploration.com email: info@geminiexploration.com
IR info: 1 877 700 1644
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MobiClear Inc.
(OTCBB:MBIR)
Current Price (0.02)
Patriot Scientific
(OTC BB:PTSC)
Current Price (0.94)
HOUSTON--Nov 12--Petrosearch Energy Corporation (OTCBB:PTSG - News) announced today that it will be making a presentation on Wednesday, November 14, 2007 at the Houston Energy Financial Forum, in Houston, Texas at 8:25 am Central Standard Time. President and CEO Richard Dole will be presenting a corporate overview to investors. Mr. Dole’s presentation may be accessed live by Webcast at: www.pennwellpetroleumgroup.com/webcast/display_webcast.cfm?id=537 Patriot Scientific is a leading intellectual-property licensing company that develops, markets, and enables innovative technologies that satisfy the demands of fast-growing markets for wireless devices, smart cards, home appliances, network gateways, set-top boxes, entertainment technology, automotive telematics, biomedical devices, industrial controllers and more. Headquartered in
ALL Fuels & Energy Company
(OTC BB:AFSE.OB)
(Current Price: 0.70)
DES
HearAtLast Holdings, Inc.
(PinkSheets:HRAL)
Current Price (1.44)
TORONTO, Nov. 13 -- (OTC Pinksheets: HRAL) -- HearAtLast Holdings Inc. announced today that it has received its 14th license from Wal-Mart Canada Corp., a division of Wal-Mart International, Inc. (NYSE: WMT - News) to open their 14th hearing-aid clinic in Wal-Mart Store #3048 located at 3700 Mayor Magrath Drive South, in Lethbridge, Alberta. This expansion is a direct result of the Company exercising its option under a master licensing agreement with Wal-Mart Canada Corp. which allows HearAtLast to open hearing aid clinics within numerous Wal-Mart locations throughout
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