Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Celgene Corporation (Nasdaq:CELG) , Empire Film Group, Inc. (Pinksheets:EFGU) , Friedman Industries, Incorporated (AMEX:FRD) , Modavox, Inc. (OTCBB: MDVX)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.16)
GEMINI EXPLORATIONS INC COMMENCES SAMPLING OF PROPOSED JV MINING CONCESSIONS TO EXPAND THE LOS CHORROS GOLD PROJECT
Calgary, AB-- November 26, 2007--Gemini Explorations Inc, (“Gemini”) OTCBB: GXPI, is pleased to report that Minera Primecap Geological Services (MPGS) has commenced sampling the mining concessions of the proposed joint venture prospects adjoining the Los Chorros Gold Mine. MPGS geologists commenced the sampling program immediately following the November 20, 2007 announcement of the proposed joint venture. Gemini has expedited the sampling program in order to complete the due diligence process as quickly as possible. The proposed joint venture would expand Gemini’s land position and increase the scale of the Los Chorros Gold Mine project. Gemini’s plans are to build a modern processing facility at Los Chorros increasing both production and 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
www.geminiexploration.com email: info@geminiexploration.com
IR info: 1 877 700 1644
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Celgene Corporation
(Nasdaq:CELG)
Current Price (62.35)
SUMMIT, N.J.-Nov 21--The New England Journal of Medicine today published updated clinical data from a Celgene Corporation (NASDAQ: CELG - News)-sponsored multi-centered, randomized, double-blind, placebo-controlled Phase III pivotal study evaluating lenalidomide plus dexamethasone in previously treated multiple myeloma patients. Celgene Corporation, based in
Empire Film Group, Inc.
(Pinksheets:EFGU)
Current Price (2.54)
LOS ANGELES, CA----Nov 21, 2007 -- Empire Film Group, Inc. (Other OTC:EFGU.PK - News) is pleased to announce that it has retained the services of leading entertainment industry PR firm Rogers & Cowan for an ongoing marketing and communications campaign. Empire Film Group, Inc. ("EFG") is a new independent film finance, production, and distribution company led by a management team with over 20 years of experience in development, production, distribution, finance and marketing of feature films and television programming. The group has filmed in various locations worldwide including the
Friedman Industries, Incorporated
(AMEX:FRD)
Current Price (6.25)
HOUSTON-- Nov 23 -- Friedman Industries Inc. declared a regular quarterly dividend of 6 cents per share.The steel processor and pipe manufacturer said on Wednesday the dividend is payable Feb. 22 to shareholders of record as of Jan. 25.
Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and steel and pipe distribution in the
Modavox, Inc.
(OTCBB: MDVX)
Current Price (1.25)
PHOENIX--Nov 21--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that effective immediately, the listening audience of Modavox’s World Talk Radio (www.worldtalkradio.com) and VoiceAmerica networks (www.voiceamerica.com) will be given the opportunity to make FREE World-Wide Long Distance calls from their mobile, home, business phone or PC dialer to make calls over the internet. 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.
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