Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Distributed Energy Systems Corp (Nasdaq:DESC) ,
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
For an in-depth analyst report, please visit: www.SmallCapStockAnalyst.com
Distributed Energy Systems Corp
(Nasdaq:DESC)
Current Price (0.46)
WALLINGFORD, Conn., Nov. 21 -- Distributed Energy Systems Corp. (Nasdaq: DESC - News), which creates and delivers products and solutions for the decentralized energy marketplace, reported today that on November 19, 2007 it received a notification from the Nasdaq Listing Qualifications Department providing notification that, because of the appointment of Bernard H. Cherry as the Company's Interim Chief Executive Officer, the Company no longer had a majority of independent directors as required by Nasdaq Marketplace Rule 4350(c)(1). To regain compliance with this rule, on November 21, 2007, Michael L Miller resigned from the Company's board of directors, effective immediately. After Mr. Miller's resignation, there are five members of the Company's board of directors: Mr. Cherry (chairman), John C. Fox, Paul F. Koeppe, James H. Ozanne and Theodore Stern. Messrs. Koeppe, Ozanne and Stern are independent directors. Distributed Energy Systems Corp. designs, builds, and installs stand-alone and grid-connected electric power systems for industrial, commercial, and governmental customers. Its generating systems convert energy derived from wind, sunlight, oil, natural gas, diesel, and bio-fuels into electricity, using power generation technologies integrated with custom controls and power electronics. It sells its systems to grid-connected customers and to customers who need power solutions for remote locations or environmentally benign alternatives to centrally distributed electricity. The company also offers hydrogen generators, which utilize proprietary proton exchange membrane and electrochemical technology to produce hydrogen through the electrolysis of water, to domestic and international customers for industrial, utility, and research applications. It also develops additional technologies and products for the distributed energy market, including systems that provide backup power and energy storage, hydrogen generators that produce hydrogen for fuel cell vehicles, power network architectures that link diverse power generating sources, and advanced wind turbine generators. The company was founded in 1996 and is headquartered in
(OTC BB:NGLPF)
Current Price (1.33)
Home Solutions of America Inc.
(Nasdaq:HSOA)
Current Price (2.26)
HARTFORD, Conn., Nov. 21, 2007 -- The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that it has filed a lawsuit seeking class action status in the United States District Court for the Northern District of Texas on behalf of all persons who purchased or otherwise acquired the common stock of Home Solutions of America, Inc. (``HSOA'' or the ``Company'') (NasdaqGM:HSOA - News) between May 18, 2007 and November 14, 2007, inclusive (the ``Class Period''). Home Solutions of America, Inc. provides restoration, construction, and interior services to commercial and residential properties in the
(OTC BB:MLGF)
Current Price (10.00)
PALOS VERDES ESTATES, Calif.--Nov 23--Malaga Financial Corporation (OTCBB:MLGF - News), the parent company of Malaga Bank FSB, today reported that net income for the nine months ended September 30, 2007 was $4,477,000 ($0.76 per share basic and fully diluted), an increase of $564,000 or 14% from net income of $3,913,000 ($0.68 per share basic and $0.67 per share fully diluted) for the nine months ended September 30, 2006. Earnings for the third quarter increased $138,000 from $1,343,000 to $1,480,000. Earnings per share were $0.25 compared to $0.23 ($0.23 versus $0.20 fully diluted) for the quarters ended September 30, 2007 and 2006, respectively. Malaga Bank is a full service community bank located on the
SmallCapStockAnalyst.com is owned and operated by Iron Consulting.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering secu rities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), SmallCapStockAnalyst.com is owned and operated by Iron Consulting. Iron Consulting has received seventy one thousand dollars from Equity Alliance Intl. LLC www.equityallianceir.com for a two month internet marketing program. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements ar e made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
Market Advisors Inc.
The information and opinions in this report were prepared by Market Advisors Inc. (located in
