Stocks to Watch: Gemini Explorations, Inc. (OTCBB: GXPI), Eternal Technologies Group, Inc. (OTCBB:ETLT), U.S. Microbics, Inc (OTCBB: BUGS), World Energy Solutions, Inc (OTC BB:WEGY) , New Jersey Mining Company (OTC BB:NJMC)
Featured Stock: Gemini Explorations, Inc.
(OTCBB: GXPI)
Current Price (0.11)
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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Eternal Technologies Group, Inc.
(OTCBB:ETLT)
Current Price (0.46)
http://www.smallcapstockanalyst.com/
HOUSTON, TX----Dec 5, 2007 -- Counsel for Eternal Technologies Group, Inc. (OTC BB:ETLT.OB - News) has stated to Western Securities Corporation that ETLT does not have sufficient assets in the U.S. to post a supersedeas bond in the amount of the judgment as required to stay the enforcement of the writ of execution and the seizure of ETLT assets. A final judgment of $732,290 was rendered in favor of Western Securities Corporation in the U.S. District Court of the Southern District of Texas, Civil Action Number H-O5-02504 on October 31, 2007. Eternal has become one of
U.S. Microbics, Inc
(OTCBB: BUGS)
Current Price (0.0024)
http://www.smallcapstockanalyst.com/
CARLSBAD, Calif.-Dec 5--U.S. Microbics (OTCBB:BUGS - News), an environmental enhancement company, announced that it is redefining its mission in the environmental industry by offering financial consulting services and creative growth strategies for seasoned companies with innovative green technologies, organic consumables, or eco-friendly products that enhance the environment. U.S. Microbics, Inc., through its subsidiaries, engages in the development, manufacture, and sale of engineered remediation solutions for clean up of toxic waste releases to soil and groundwater primarily in the
World Energy Solutions, Inc
(OTC BB:WEGY)
Current Price (0.28)
http://www.smallcapstockanalyst.com/
ST. PETERSBURG, Fla., Dec. 5, 2007 - World Energy Solutions, Inc. (OTC BB:WEGY.OB - News), a company focused on energy conservation and environmental sustainability, announces that its Chief Executive Officer Benjamin Croxton will conduct an exclusive new audio-taped webcast interview so that WEGY shareholders and the investment community can learn more about recent developments and future prospects of the company. Unrestricted access to the webcast will be available beginning Friday, December 7 at The Green Baron Investors Society's website http://www.TheGreenBaron.com. Investors who wish to receive The Green Baron Report for free can join at http://www.thegreenbaron.com/Join.htm. World Energy Solutions, Inc. (OTC BB:WEGY.OB - News) is an Energy Services Company and electronics manufacturer. WES's primary business focus is the development of technology for lowering electrical, gas and water usage for commercial, government and residential facilities. For more information about WES please visit its website at http://www.wesinc.net/.
New Jersey Mining Company
(OTC BB:NJMC)
Current Price (0.46)
http://www.smallcapstockanalyst.com/
KELLOGG, Idaho, Dec. 5, 2007 -- New Jersey Mining Company (OTC BB:NJMC.OB - News) recently completed the staking of 102 new unpatented claims in the East Fork Eagle Creek drainage just north of Murray, Idaho. NJMC now holds 172 claims for a total of approximately 3,300 acres within the East Fork Eagle drainage. Within the claimed area are three promising gold prospects with major tonnage potential: the Golden Reward, Gold Butte, and Mineral Ridge. The Company's
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