CALGARY, AB 11/23/2007 6:25:00 PM
News / Stocks

SmallCapStockAnalyst.com Featured Stock: Gemini Explorations, Inc

Stocks to Watch: Gemini Explorations, Inc. (OTC BB:GXPI), Industrial Minerals, Inc. (OTC BB:IDSM) , Defense Industries International, Inc. (OTC BB:DFNS) , American Equity Investment Life Holding Company (NYSE:AEL) , China Expert Technology, Inc (OTCBB: CXTI)

Featured Stock: Gemini Explorations, Inc

(OTC BB: GXPI)

Current Price: (0.16)

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Gemini Explorations Inc. Receives Joint Venture Proposal to Expand the Los Chorros Gold Project

CALGARY, AB-- Nov 20, 2007 -- Gemini Explorations Inc. ("Gemini") (OTC BB:GXPI.OB - News) 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.

Contact:

     Contact:
     Michael Hill
     President
     Gemini Explorations Inc.
     Suite 103, 240-11th Ave SW
     Calgary, AB T2R 0C3
      
     http://www.geminiexploration.com/
     email: info@geminiexploration.com
      
      

Source: Gemini Explorations Inc.

 

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Industrial Minerals, Inc.

(OTC BB:IDSM)

Current Price (0.25)

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TORONTO, Nov. 21 - Industrial Minerals Inc. - OTCBB: IDSM - (or "the Company") is pleased to announce that it has received a draft technical report that was prepared under, and is compliant with, National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") from Geostat Systems International Inc. ("Geostat"), a leading international engineering and geological services firm. The qualified persons signing this technical report are Gilbert Rousseau Eng. and Claude Duplessis, Eng., Manager of Geostat Systems International Inc, both of whom have reviewed and approved this press release. Geostat is independent of the Company within the meaning of NI 43-101.                    Industrial Minerals Inc. through its wholly owned subsidiary Industrial Minerals Canada Inc., headquartered in Oakville, Ontario, Canada, owns 100% of the undivided interest in the Bissett Creek Graphite patented mineral lease, containing a resource of 327,700 tonnes indicated plus 397,900 tonnes inferred of flake graphite based on approximately 10% of the patented mineral leases that have been drilled to date. The property is comprised of 28 claims covering an area of approximately 1,315 hectares (3,250 acres). It has been the subject of substantial earlier exploration drilling, trenching and metallurgical test work by KHD Canada, Kilborn Engineering, Pincock Alan and Holt and Cominco Engineering Services. The property is located in Maria Township in the Province of Ontario, Canada. The Company believes the property is one of the largest and purest natural flake graphite deposits in the world. Its goal is to become the leading producer of large flake crystalline graphite in North America and a prominent market participant internationally.

Defense Industries International, Inc.

(OTC BB:DFNS)

Current Price (0.34)

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ASHKELON, Israel--Nov 21--Defense Industries International, Inc. (OTCBB: DFNS - News), a leading manufacturer and global provider of personal military and civilian protective equipment and supplies, today announced that it has received several orders for its ballistic wall covering from various Israeli civilian entities. The orders total approximately $250,000.                    Defense Industries International, Inc. is a leading manufacturer and global provider of personal military and civilian protective equipment and supplies. Defense Industries' main products include body armor, bomb disposal suits and bullet-resistant vests and jackets; ballistic wall covers, ceramic armor plates and lightweight armor UHMW-PE plates; personal military equipment, battle pouch units and combat harness units; dry storage units, liquid logistics, tents and vehicle covers; winter suits, sleeping bags and backpacks. The Company's manufacturing facilities meet American EQNET and international ISO 9001 standards. The Company has three principal subsidiaries, Export Erez Ltd., Achidatex Nazareth Elite ltd. and Owen Mills in the USA. For additional information, please visit the Company's web site at http://www.defense-industries.com/.

 

American Equity Investment Life Holding Company

(NYSE:AEL)

Current Price (8.67)

 www.SmallCapStockAnalyst.com

WEST DES MOINES, Iowa--Nov 21--American Equity Investment Life Holding Company (NYSE:AEL - News), today announced that Wendy Carlson, Chief Financial Officer and General Counsel, and John Matovina, Vice Chairman, will be presenting at the Friedman, Billings, Ramsey 2007 Investor Conference in New York, NY on Wednesday, November 28 at 3:45 p.m. EST. Investors may access a web cast of this presentation on American Equity’s Website, www.american-equity.com.                         American Equity Investment Life Holding Company, through its wholly-owned operating subsidiaries, is a full-service underwriter of a broad line of annuity and insurance products with a primary emphasis on the sale of fixed-rate and index annuities. The company’s headquarters are located at 5000 Westown Parkway, West Des Moines, Iowa, 50266. The mailing address of the company is: P.O. Box 71216, Des Moines, Iowa, 50325. For more information, visit our website www.american-equity.com.

China Expert Technology, Inc

(OTCBB: CXTI)

Current Price (0.15)

 www.SmallCapStockAnalyst.com

NEW YORK, NY---Nov 21, 2007 -- The Rosen Law Firm announced today that it has filed a class action lawsuit on behalf of all purchasers of China Expert Technology, Inc. ("CXTI" or the "Company") (Other OTC:CXTI.PK - News) (formerly OTCBB: CXTI) stock from November 14, 2006 through October 1, 2007, inclusive (the "Class Period").            CHINA EXPERT TECHNOLOGY, INC. ("CXTI") is a company listed on the OTC Bulletin Board in the USA (Trading Symbol: CXTI), with its subsidiaries (collectively the "Group") situated in Hong Kong and China. The group is specialized in providing large-scale network infrastructure construction (mainly e-government projects) for communities and municipal governments in China. The Group also utilizes its network with experts from various universities in China to deploy business and IT consultancy services to corporations in Hong Kong and China. The Group's existing major clients include municipal governments, government authorities and other technology firms in China. Its income is derived mainly from four areas, e-government, technology achievement appraisal, expert consultation and project database.

 

 

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