Market Alert -- GYGC! June 11, 2008
June 11 2008 - 11:11AM
Marketwired
MIAMI, FL , ConocoPhillips (NYSE: COP), Marathon Oil Corporation
(NYSE: MRO), BP PLC (NYSE: BP).
Guyana Gold Corp. (PINKSHEETS: GYGC) continues to issue positive
news, and the company should have the attention of investors this
morning. This morning, the company, a junior mineral exploration
company, issued a press release announcing that the Company's joint
venture partner Octagon Mining Corp. has submitted an application
to the Guyana Gold Mine Commission to acquire gold properties in
the Barima-Waini Region.
This could be great news for the company! Eduard Aranov,
president of Guyana Gold Corp., stated: "We expect an announcement
on these potential claims within the next 21 days. This potential
acquisition is strategically important for Guyana Gold Corp. and
Octagon Mining Corp. as it secures a large land position in an area
geologically similar to our successful Port Kaituma project and
where previous exploration has identified several high priority
gold targets."
Current claims to be acquired, if approved, consist of 7 blocks
with each block consisting of 44 claims totaling 308 claims.
Combined with the claims previously announced in April 2008, the
Company would control 572 mining claims covering about 13,637 acres
in 13 blocks.
The main mineral interests in Guyana are gold, diamond and
bauxite and, recently, semi-precious stones. According to the press
release, Octagon Mining Corp. is currently producing 100 ounces of
gold per month and recently announced the purchase of additional
equipment to increase its production to about 250 ounces per
month.
Investors are urged to watch this company closely!
Before the news was released, GYGC closed Tuesday at Forty-Five
cents a share.
For Stock Market Alerts' in-depth profile of Guyana Gold, visit
http://www.wallstreetenews.com/HotStocks/GYGC061008/default.aspx.
Other Stocks of interest yesterday were:
ConocoPhillips (NYSE: COP) down 2.5% on 11.8 million shares
traded.
ConocoPhillips is an integrated petroleum company with interests
around the world.
Marathon Oil Corporation (NYSE: MRO) up 0.4% on 9.3 million
shares traded.
Marathon is an integrated international energy company engaged
in exploration and production; oil sands mining; integrated gas;
and refining, marketing and transportation operations.
BP PLC (NYSE: BP) down 2.9% on 5.5 million shares traded.
BP, a global energy provider, plans to invest up to $8 billion
over the next ten years in alternative energy sources.
The advertisement is provided by Wall Street Enews, a division
of Stock Market Alerts LLC, an electronic broadcaster and publisher
of this release, and hereafter referred to as "the company." The
company has not received compensation for services performed for
Guyana Gold Corp. (PINKSHEETS: GYGC). However, the company
maintains a contractual working relationship with Wall Street
Capital Funding (WSCF) which has been compensated Four Hundred
Thousand shares of Guyana Gold Corp, by a third party (Nikolas
Capital Inc.), who is non-affiliated and may hold a significant
position in the stock. WSCF holds Three Hundred and Sixty Four
Thousand, Nine Hundred and Fifty Six of those shares as of this
release, and intends to immediately continue selling its shares as
this release is being circulated. WSCF was also previously
compensated in 2008, Ten Thousand Dollars for services performed
for Guyana Gold Corp. (PINKSHEETS: GYGC), by a separate third
party, who is non-affiliated and may hold a significant position in
the stock, for services provided including dissemination of company
information in this release. Because compensation was received,
there is an inherent conflict of interest in the company statements
and opinions and such statements and opinions cannot be considered
independent.
The information contained in this press release is for
informational purposes only, and not to be construed as an offer to
sell or solicitation of an offer to buy any security. The company
makes no representation or warranty relating to the validity of the
facts presented nor does the company represent or warrant that all
material facts necessary to make an investment decision are
presented above. Stock Market Alerts LLC is an advertising company
and therefore, this release should be viewed for informational
purposes only.
The company relies exclusively on information gathered on the
public company, such as public filings, press releases and its web
sites. Investors should use the advertising information contained
in this release as a starting point for conducting additional
research on the public company in order to allow the investor to
form his or her own opinion regarding the public company. Factual
statements contained in this publication are made as of the date
stated and they are subject to change without notice. The company
is not a registered investment adviser, broker or a dealer.
Investing in the public company that this release is providing
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may result in the loss of some or all of any investment.
This release may contain statements that constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E the Securities
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"expect," "estimate," "anticipate," "believe," "intend," and
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