Stocks to Watch: Gemini Explorations Inc. (OTCBB: GXPI), DealerAdvance, Inc.
(OTC BB:DLAV) , RemoteMDx, Inc. (OTC BB:RMDX) , Patriot Scientific Corporation
(OTC BB:PTSC) , iVoice, Inc. (OTC BB:IVOI)
Featured Stock: Gemini Explorations Inc
(OTCBB: GXPI)
Current Price (0.119)
http://www.wallstreetstockreview.com/
December 10, 2007
GEMINI EXPLORATIONS CLOSES ON FINANCING FOR THE RE-DEVELOPMENT OF THE LOS CHORROS GOLD MINE
~Mine modernization projected to yield US$12,900,000 of net cash flow to Gemini~
Calgary- Gemini Explorations Inc, (“Gemini”) OTCBB: GXPI, is pleased to report that it has completed negotiations for financing the modernization and complete re-development of the Los Chorros Gold Mine. The first tranche of US$500,000 should be received by Gemini in the next 5 days and the second tranche of US$300,000 within 14 days. The total cost of the project is estimated to be US$595,900, adding a contingency factor of 30% would bring the maximum projected total to US$774,700.
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.
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 that the financing will close on specified dates, 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/
DealerAdvance, Inc.
(OTC BB:DLAV)
Current Price (0.0106)
http://www.wallstreetstockreview.com/
DealerAdvance Signs Direct Marketing Deal With HMG
Wednesday December 5, 8:00 am ET
ADDISON, Texas--( DealerAdvance™, Inc. (OTCBB:DLAV - News), announced today that the Company has entered into a long-term agreement with automotive exclusive advertising agency Humphries Marketing Group (HMG) to provide direct marketing services to DealerAdvance™ customers beginning in 2008. According to HMG’s Chris Humphries, “Our Own Your Zone™ concept, as seen by National Automobile Dealer Association (NADA), 20 Groups will now be provided to Dealer Advance™ clients throughout the
In making the announcement, VP of Sales Dave Scaturro said, “We are pleased to be able to provide our dealers with direct mail (conquest, service and special finance mailers), e-mail blast and newspaper insert campaigns to our customers at huge discounts.”
RemoteMDx, Inc.
(OTC BB:RMDX)
Current Price (4.20)
http://www.wallstreetstockreview.com/
RemoteMDx Upgrades Monitoring Center Management
Wednesday December 5, 10:26 am ET
SANDY, UT-- Dec 5, 2007 -- RemoteMDx, Inc. (OTC BB:RMDX.OB - News) and its subsidiary SecureAlert, leaders in pioneering technologies and services to aid law enforcement in monitoring offenders who are a risk to society, today announced the addition of Scott Horrocks and David McNamee as technical project managers in upgrading and improving the Company's monitoring center. The appointment of this top-talent team comes as the number of offenders being monitored by SecureAlert continues to increase.
Patriot Scientific Corporation
(OTC BB: PTSC)
Current Price (0.60)
http://www.wallstreetstockreview.com/
Lite-On Purchases Microprocessor Patent Portfolio License |
Third Licensee in a Week Underscores Momentum of Licensing Effort
CARLSBAD, Calif.-- Patriot Scientific Corporation (OTCBB:PTSC - News) announced today that Lite-On IT Corporation has purchased a license to the company’s microprocessor-related patent portfolio. Lite-On IT thus becomes the company’s 28th licensee and the third within a week.
iVoice, Inc.
(OTC BB: IVOI)
Current Price (0.0018)
http://www.wallstreetstockreview.com/
iVoice Receives Patent Award for ``Methodology for Talking Consumer Products with Voice Instructions via Wireless Technology'' |
Sixth iVoice, Inc. Patent Issued to Date
MATAWAN, N.J.-- iVoice, Inc. (OTC Bulletin Board: IVOI - News) – iVoice, Inc. (OTC Bulletin Board: IVOI - News), announced today it has received United States Patent, 7,305,344 for a patent “Methodology for Talking Consumer Products with Voice Instructions via Wireless Technology”. This invention enables users of new products to activate the speaking package of a new product, so there is no need to read instructions. For example, it provides for hands free, eyes free, instructions while assembling new products, such as bicycle, furniture, camera or other products.
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