Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), IceWEB, Inc. (OTCBB: IWEB), AVAX Technologies, Inc. (OTC BB:AVXT), Pantera Petroleum, Inc. (OTC BB:PTPE) , Pipeline Data Inc. (OTC BB:PPDA)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.12)
http://www.smallcapstockanalyst.com/
GEMINI EXPLORATIONS COMMENCES MODERNIZATION OF THE LOS CHORROS GOLD MINE
~Mine modernization projected to yield US$12,900,000 of net cash flow to Gemini~
The Los Chorros Mine is currently being mined with extremely antiquated equipment and this report further solidifies Gemini’s belief that the project could be turned into a highly efficient producing gold project with low capital costs. Current mining operations at Los Chorros recover a low percentage of the available gold and precious metals present on the property. 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. Minera Primecap Geological Services (MPGS) reported 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.
Historically one of the largest gold producing countries in the world,
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, the expected completion date of the redevelopment and modernization of the Los Chorros Gold mine and the low capital costs to upgrade the Los Chorros operating plant and the net cash flow estimates.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
http://www.geminiexploration.com/ email: info@geminiexploration.com
403-697-4877
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IceWEB, Inc.
(OTCBB: IWEB)
Current Price (0.56)
HERNDON, Va.--Dec 4--IceWEB, Inc. (OTCBB:IWEB - News), a leading one-stop source for best-of-class computing hardware, on-demand software, advanced networking solutions and innovative online services, today announced that it has been selected by Apple® to serve as an authorized distributor of Apple products and services to the U.S. Federal Government. IceWEB, Inc. (OTCBB:IWEB - News) utilizes a recurring revenue software services model that brings technologies normally reserved for large corporations to the small business customer. Small businesses can now have the benefits of these more advanced software systems for a low monthly subscription price instead of large up-front capital expenses. IceWEB also provides network infrastructure solutions services to our enterprise and Government customers with a specific focus on network security, authentication, and PKI encryption systems. Founded in 2000, IceWEB is headquartered in
AVAX Technologies, Inc.
(OTC BB:AVXT)
Current Price (0.08)
PHILADELPHIA--Dec 4--AVAX Technologies, Inc. (OTC Market:AVXT.OB) announced today that Dr. François Martelet has been appointed as President and Chief Executive Officer by the Company’s Board of Directors (the “Board”), effective as of December 1, 2007. Dr. Martelet joined the Company’s Board of Directors in July, 2007. AVAX Technologies, Inc. is a biotechnology company with operations in the
Pantera Petroleum, Inc.
(OTC BB:PTPE)
Current Price (1.84)
AUSTIN, TEXAS----Dec 4, 2007 -- Pantera Petroleum, Inc. (OTC BB:PTPE.OB - News) (hereafter "Pantera Petroleum") is pleased to announce it has signed an exclusive share purchase agreement to acquire up to 85% of two companies that have 100% ownership rights in five concessions representing approximately 16,000 square kilometers in Paraguay in the Chaco Basin, a well established hydrocarbon area where oil and gas has been produced in Bolivia since the 1920's. These five concessions represent combined potential reserves of 6.7 trillion standard cubic feet equivalent ("TCFE") of gas or 1100 million barrels of oil. Pantera Petroleum, Inc. is a publicly traded oil and gas exploration company (OTC BB:PTPE.OB - News) headquartered in
Pipeline Data Inc.
(OTC BB:PPDA)
Current Price (0.87)
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