Aggressive Stock Alert: GYGC! June 12, 2008
June 12 2008 - 9:40AM
Marketwired
MIAMI, FL , Agrium Inc. (NYSE: AGU), First Solar, Inc. (NASDAQ:
FSLR) and XTO Energy Inc. (NYSE: XTO).
Guyana Gold Corp. (PINKSHEETS: GYGC) continues its string of
positive news, and the company should have the attention of
investors. Early this morning, the company, a junior mineral
exploration company, issued a press release announcing that it has
received a joint venture proposal to develop the Port Kaituma Gold
Project.
Great News for GYGC! The proposal would expand the company's
land position and increase the scale of the Port Kaituma project.
Guyana Gold Corp. had received a number of joint processing
proposals and has now expanded those proposals to include ownership
in the Port Kaituma project. Guyana Gold Corp.'s plans are to build
a modern processing facility at Port Kaituma with far greater
recovery rates of gold. The new joint ownership presents an
excellent opportunity for Guyana Gold Corp. to increase revenue,
expand mine life and accelerate the capital recovery costs of
modernizing the Port Kaituma mine.
Eduard Aronov, President of Guyana Gold Corp., stated, "The Port
Kaituma projects may realize many potential synergies leading to
accelerated development of deposits on the joint venture property.
The potential Joint Venture partner is preparing a geological
information package and Guyana Gold Corp. will report updates as
they become available."
The Port Kaituma property is located in the administrative
region in Guyana. The main mineral interests in Guyana are gold,
diamond and bauxite and, recently, semi-precious stones. According
to the release, the property 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.
Before the news was released, GYGC closed Wednesday at Forty Two
cents a share.
For Stock Market Alerts' in-depth profile of Guyana Gold, visit
http://www.wallstreetenews.com/HotStocks/GYGC061108/default.aspx.
Other Stocks of interest yesterday were:
Agrium Inc. (NYSE: AGU) up 8.6% on 12.5 million shares
traded.
Agrium Inc. is a major retail supplier of agricultural products
and services in both North and South America and a leading global
producer and marketer of agricultural nutrients and industrial
products.
First Solar, Inc. (NASDAQ: FSLR) down 3.2% on 4.6 million shares
traded.
First Solar, Inc. manufactures solar modules with an advanced
thin film semiconductor process that significantly lowers solar
electricity costs.
XTO Energy Inc. (NYSE: XTO) up 4.1% on 10.2 million shares
traded.
XTO Energy Inc. is a domestic natural gas producer engaged in
the acquisition, exploitation and development of quality,
long-lived oil and natural gas properties in the United States. Its
properties are concentrated in Texas, New Mexico, Arkansas,
Oklahoma, Kansas, Wyoming, Colorado, Alaska, Utah, Louisiana,
Mississippi and Montana.
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 Fifty Three
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
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form his or her own opinion regarding the public company. Factual
statements contained in this publication are made as of the date
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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.
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forward-looking statements within the meaning of Section 27A of the
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