Calgary, AB 11/20/2007 7:55:00 PM
News / Stocks

Hot Stock Alert! Breaking News from (OTCBB: GXPI)

 

Stocks to Watch: Gemini Explorations, Inc.  (OTCBB: GXPI), Devine Entertainment Corporation (OTC BB:DVNNF) , Energy Quest, Inc (OTC BB:EQST) , Shumate Industries, Inc (OTC BB:SHMT) , Petrosearch Energy Corporation (OTCBB:PTSG)

 

 

 

Featured Stock: Gemini Explorations, Inc.

(OTCBB: GXPI)

Current Price (0.17)

http://www.smallcapstockanalyst.com/

 

 

 

GEMINI EXPLORATIONS INC RECEIVES JOINT VENTURE PROPOSAL TO EXPAND THE LOS CHORROS GOLD PROJECT

 

Calgary, AB --- November 20, 2007---Gemini Explorations Inc, (“Gemini”) OTCBB: GXPI, is pleased to report that it has received a joint venture proposal from concession holders adjoining the Los Chorros Gold Mine. The proposal would expand Gemini’s land position and increase the scale of the Los Chorros Gold project. Gemini had received a number of joint processing proposals and has now expanded those proposals to include ownership in the adjoining concessions. Gemini’s plans are to build a modern processing facility at Los Chorros with far greater recovery rates of the gold and other precious metals present. The new joint  ownership and processing proposals in the adjoining mine concessions present an excellent opportunity for Gemini to increase revenue, expand mine life and accelerate the capital recovery costs of modernizing the Los Chorros mine. 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, expanded mine life and  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: www.SmallCapStockAnalyst.com

 

 

Devine Entertainment Corporation

(OTC BB:DVNNF)

Current Price (0.12)

www.SmallCapStockAnalyst.com

TORONTO--Nov 19--Devine Entertainment Corporation (OTCBB:DVNNF), seeking to capitalize on the burgeoning global demand for high quality film and television content, has announced that Chief Executive Officer David Devine has commenced a multi-city European road show to increase the Company’s visibility among institutional investors and other investment professionals. In a series of meetings this week, Mr. Devine will detail Devine Entertainment’s strategy for expanding revenue growth and building shareholder value to investors in London in the United Kingdom, and in Geneva and Zurich in Switzerland.                  Devine Entertainment Corporation develops, creates, and produces award-winning television programming and feature films for worldwide distribution across multiple TV broadcast networks, cable and satellite networks, DVD and Internet markets. Specializing in cultural and educational programming as well as prime-time drama and comedy entertainment programming, the Company's titles have garnered more than 120 international film and television industry awards, including five Emmy and five Gemini Awards. The Company partners with leading international distributors, broadcasters and co-producers, such as Sony BMG, Rogers Media and The Carrere Group of France, to produce and distribute its award-winning film and television titles.

 

Energy Quest, Inc

(OTC BB:EQST)

Current Price (2.25)

www.SmallCapStockAnalyst.com

HENDERSON, NV---Nov 19, 2007 -- Energy Quest, Inc. (OTC BB:EQST.OB - News), an emerging leader in the development and production of hydrogen-enriched alternative fuels and alternative power generation in an environmentally responsible manner, today announced that it has received a Letter of Intent from Vimala Enterprise of Mumbai, India for the construction of two electrical power generation plants in India. One of the plants is a 500MW clean coal power project (Coal gasification) 1st phase and a second 700 MW 2nd phase for a total of 1200 MW for the two plants. Energy Quest will be providing proven gasification technologies, procurement, commissioning and management of the project.                     Energy Quest is a diversified energy company with interests in both conventional and renewable energy sources. Its mission is to bring new technologies to bear to enhance existing energy production as well as developing new energy sources. The immediate objective of the company is to secure energy projects using the PyStR(TM) and M2 gasifier and the acquisition of existing, profitable Alternate Energy companies. This would provide significant positive cash flow to the company while being an ideal location for development, demonstration, and operation of many of the company's new technologies. This is the first of many new technologies Energy Quest plans to announce and deploy over the coming months that will demonstrate that it is possible for an energy company to be both environmentally friendly and highly profitable.

 

Shumate Industries, Inc

(OTC BB:SHMT)

Current Price (1.09)

www.SmallCapStockAnalyst.com

CONROE, Texas--Nov 19--Shumate Industries, Inc. (OTCBB:SHMT - News), a technology-oriented energy field services company, today announced its financial results for the third quarter and year to date ended September 30, 2007.The Company’s Shumate Machine Works (SMW) division’s progress during the quarter included a new significant customer for liner hanger product manufacturing and increased orders for its power frame machining. The Company continues to see strong demand in the long-tubular products it manufactures from continued strength in commodity prices and international energy-related activity levels. SMW has added 2 new computer numeric-controlled machines and several additional machinists this year with plans for continued expansion in fiscal 2008. SMW currently believes its growth trends will continue next year based on its customer forecasts and its added machinery capacity.                  Shumate Industries, Inc. is a Texas-based energy field services company that incorporates new technologies to bring products to market leveraging its existing infrastructure, expertise and customer channels. The Company operates through two wholly owned subsidiaries, 1.) Shumate Machine Works, a contract machining and manufacturing division, and 2.) Hemiwedge Valve Corporation, a proprietary new valve technology that targets mid-stream process and flow control markets with its Hemiwedge® Cartridge valve product line, sub-sea via a pending licensing deal for Hemiwedge® sub-sea high pressure valve product line, and Hemiwedge® down-hole valves under development for drilling applications. For additional information on the Company and its products please visit www.shumateinc.com.

Petrosearch Energy Corporation

(OTCBB:PTSG)

Current Price (0.94)

www.SmallCapStockAnalyst.com

HOUSTON--Nov 19-Petrosearch Energy Corporation - (OTCBB:PTSG - News) announced today that it has been invited to present at the 2007 FBR Capital Markets Investor Conference, presented by Friedman, Billings, Ramsey & Co. in New York City on Wednesday, November 28, 2007 at 2:05 pm EST. President and CEO Richard Dole will be presenting a corporate overview to investors.                          Petrosearch Energy Corporation, a Nevada corporation with executive offices in Houston, Texas, is a resource based energy company with activities focused in three core areas: the Barnett Shale trend, the Wilcox trend of South Texas and the Anadarko basin of the North Texas Panhandle. For more information please visit www.petrosearch.com.


                    

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