Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Advanced ID Corporation (OTC BB:AIDO) , Modavox, Inc. (OTCBB: MDVX), USTelematics, Inc. (OTC BB:UTLM) , Rio
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.12)
http://www.wallstreetstockreview.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
For an in-depth analyst report, please visit: http://www.wallstreetstockreview.com/
Advanced ID Corporation
(OTC BB:AIDO)
Current Price (0.19)
CALGARY, Alberta--Dec 4--Advanced ID Corporation (OTCBB: AIDO - News), a leading developer of radio frequency identification (“RFID”) technology for livestock tracking, pet recovery and supply chain applications focusing on the tire management industry, today reiterated that its RFID platform for vehicle tires is a practical and cost effective solution for today’s tire safety problems, which are rooted in an antiquated tire recall and identification process. Yesterday, CNN aired a story addressing the failed tire recall system. The story, “Recalled Tires Still on Road,” noted that, “You could be driving on recalled tires and not know it due to what some call a flawed system.” Advanced ID Corporation (OTCBB: AIDO - News) is a complete solutions provider in the RFID market with a focus on the tire management industry. The Company is also a major factor in the tire inspection business through its UK-based Pneu-Logic subsidiary. The Company is active in the pet recovery business through its AVID
Modavox, Inc.
(OTCBB: MDVX)
Current Price (1.39)
PHOENIX--Dec 4--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today it is providing its patented BoomBox Video distribution software for MARSVenus Media with Dr. John Gray, author of "Men are from Mars, Women are from Venus." Dr. Gray and co-host Sherrie Natrass will host two hour-long Internet television shows; one about Relationships and one about Health will broadcast weekly from the website www.marsvenuswellness.com with new shows every Tuesday beginning Dec. 4, 2007. Broadcast of these weekly Internet television shows will be available on-demand until the next week of show installments. 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.
USTelematics, Inc.
(OTC BB:UTLM)
Current Price (0.60)
CHICAGO--Dec 4-- USTelematics, Inc. (OTCBB:UTLM), deploying proprietary technology and market-disruptive products at the forefront of the connected-car revolution, has announced that its Vivee™ line of talking email and text applications recently received the valuable “Designed for Palm Products” certification from Palm, Inc. (NASDAQ: PALM - News). Palm is originator of the legendary Palm Pilot and now manufacturer of the Treo brand of mobile smartphones that have revolutionized mobile email and text-messaging worldwide.
Rio
(NasdaqGM:RVEP)
Current Price (15.22)
BROWNSVILLE, Texas--Dec 4--Rio Vista Energy Partners L.P. (NASDAQ: RVEP - News), or "Rio Vista", an energy master limited partnership, announced today that it has completed its previously announced private placement with institutional investors of 355,556 common units of Rio Vista at a price of $11.25 per unit. The gross proceeds to Rio Vista were approximately $4 million before payment of offering expenses. The purchasers of the common units were Standard General Fund L.P., Credit Suisse Management LLC and Structured Finance Americas, LLC. Rio Vista intends to use the net proceeds of the private placement for general working capital purposes. Rio Vista is a master limited partnership focused on acquiring and developing oil and gas exploration, production and transportation assets. Through its subsidiaries, Rio Vista currently owns certain leasehold interests of oil and gas producing properties and associated pipeline gathering systems in East Central Oklahoma and certain liquefied petroleum gas assets, including pipelines running from a terminal facility in
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