is thinking about $$$$$
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GPGD- .01 x .012
The company is about to breakout IMO
A little volume is all that is needed to push this paper thin stock up to 2 cents...
IVOT- Im up in it so far...0015 x .0016
Company is looking pretty good IMO...
The way this is set up, even a blind man can see this can move on air. It's been sitting at the same price for two days and no movement either direction....All we need is some buys to insure we get some volume to move this beast...hopefully we see some volume today like you said, it would be a shame to have the stock sit where it is after the great news that they just put out.
GPGD-http://stockcharts.com/h-sc/ui?s=GPGD&p=D&yr=0&mn=6&dy=0&id=0
GPGD basing in the low .01s ... suppose to have more P.Rs out regarding the recent Letter of intent with Innovative Mining Technologies Inc.a privately held company...IMO once this starts picking up momentum this should get a nice leg up over .02 this week.
GPGD basing in the low .01s ... suppose to have more P.Rs out regarding the recent Letter of intent with Innovative Mining Technologies Inc.a privately held company...IMO once this starts picking up momentum this should get a nice leg up over .02 this week.
Just take a look at the chart..http://stockcharts.com/h-sc/ui?s=GPGD&p=D&yr=0&mn=6&dy=0&id=0
GPGD getting a little more volume....We could see a nice EOD push.
Alright, it's about that time the EOD push Goldstocker was talking about kicks in...right before my lv2 went out i saw someone bought 20k....it's a start..
The chart is starting to look pretty good!!
You dont see to many bashers around anymore either..
This thing can move on air..
I dont see why we dont have more volume...
Things will look up...
Just a matter of time i guess.
OLNK-
This is going to have a nice jump back up...
Good time to pick up a few more..
http://stockcharts.com/h-sc/ui?s=olnk
PHGI- Perihelion Global Secures Purchase of 24 Tons of Feedstock; Chooses Purolite for Phase One Refinery
Tuesday March 11, 8:45 am ET
WILMINGTON, DE and SANTA ROSA BEACH, FL--(MARKET WIRE)--Mar 11, 2008 -- Perihelion Global (Other OTC:PHGI.PK - News), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that the Company has prepaid for initial delivery of 24 tons of feedstock to be received within 7 days at the Company's Phase One Refinery in Opp, Alabama.
As recently announced, Perihelion reached an agreement with Griffin Industries to supply certain feedstocks for use with Perihelion's BioFuels Division. Perihelion and Griffin management moved expeditiously to secure the initial purchase agreement, which will bring a substantial quantity of high-quality feedstock to the nearly completed Phase One Refinery location in Opp, Alabama. The supply of feedstock is believed ample to begin initial production immediately following completion of construction, which management anticipates should occur during the current calendar month.
The Company and its contractors are currently finalizing the interior components of the refinery, including the on-site laboratory and internal electrical and mechanical mechanisms. Management notes that at the conclusion of construction, the Company will process several evaluation BioDiesel batches to ensure they meet the highest quality standards. Securing a significant amount of feedstock prior to the refinery's completion has enabled the Company to create a seamless transition path to a production environment. Prepayment of this purchase protects the Company from unexpected agricultural/commodities increases and allows for more detailed initial laboratory work.
To make certain the Company will be producing the highest-quality BioDiesel available, Perihelion has chosen Purolite Biodiesel Purification Adsorbent for use at its Phase One Refinery. Purolite is a dry polishing media specifically formulated for removing by-products remaining after transesterifcation to produce BioDiesel. Purolite's PD206 ION exchange resin will enable the Company's finished BioDiesel product to meet ASTM/EN specifications by removing residual glycerin, water, and trace methanol, among other key properties. The Company recognizes Purolite as an industry-leader in this field, and management analysis concluded Purolite to be the superior and most cost-effective choice for the needs of the Phase One Refinery.
Investors are apprised that the Company has purchased the feedstock and Purolite products outlined in this release with funds created from the issuance of equity. The Company has incurred no debt as a result of these purchases, and continues to maintain a strong policy of utilizing its share capital to acquire assets and operations that will best create future revenue and earnings.
Revised: Perihelion Global Secures Purchase of 24 Tons of Feedstock; Chooses Purolite BioDiesel Purification for Opp Refinery
Tuesday March 11, 11:51 am ET
WILMINGTON, DE and SANTA ROSA BEACH, FL--(MARKET WIRE)--Mar 11, 2008 -- Perihelion Global (Other OTC:PHGI.PK - News), a development company with interests in natural resources, alternative energies, and advanced communications, today announced that the Company has prepaid for initial delivery of 24 tons of feedstock and drywash ION exchange resins. It is expected that the feedstock will be received at the Company's Phase One Refinery in Opp, Alabama within 7 days.
As recently announced, Perihelion has secured certain feedstock supplies from Griffin Industries for use with Perihelion's BioFuels Division. The purchase of feedstock should allow the Company to begin initial production following assembly of the initial refinery components on Phase One of the Opp Biofuel Refinery. Management anticipates initial assembly of the refinery components to allow production to occur will be completed during the current calendar month.
Perihelion has chosen Purolite Biodiesel Purification Adsorbent for use at its Phase One Refinery. Purolite is a dry polishing media specifically formulated for removing by-products remaining after transesterifcation to produce BioDiesel. Purolite's PD206 ION exchange resin will enable the Company's finished BioDiesel product to meet ASTM/EN specifications by removing residual glycerin, water, and trace methanol, among other key properties.
The Company purchased the feedstock and Purolite products outlined in this release with funds raised from the issuance of equity. The Company incurred no debt as a result of these purchases.
OLNK
.007x.001
.0007
1x3
GPGD .01x.012
2x1
The company released news yesterday..The float looks pretty good, it just needs some volume to get things moving.It's pretty thin..i think we could see this thing jump to 2 cents this weak....what do you guys think?
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%.
AIRN news today!!
Airspan Enters Into OEM Agreement With Gilat Satellite Networks
Tuesday March 11, 8:31 am ET
BOCA RATON, FL--(MARKET WIRE)--Mar 11, 2008 -- Airspan Networks Inc. (NasdaqGM:AIRN - News), a leading worldwide provider of WiMAX broadband wireless access networks, announced today that it has entered into an OEM purchase and global marketing agreement with Gilat Satellite Networks Ltd. According to the terms of the agreement, Gilat will resell Airspan's WiMAX products worldwide, on a non-exclusive basis.
Gilat Satellite Networks Ltd. (NasdaqGM:GILT - News) is a leading provider of products and services for satellite-based communications networks. Broadening its product offering to include WiMAX-based solutions, Gilat will distribute Airspan's WiMAX solutions globally to its large base of existing customers as well as new customers, leveraging its core competencies including strong global sales, turnkey project delivery and local support capabilities. The new agreement will enable Gilat's customers to address their broadband wireless access and satellite communications needs through a well integrated 'one-stop-shop' solutions provider.
"We are excited to enter into this partnership with Gilat, who has a global reach into the world's high growth markets and which will allow us to further expand our distribution channels. It's a win-win situation for both companies and highlights the synergies to be realized between shared customers and similar types of applications. Airspan continues to gain momentum and recognition as a leader in WiMAX in a very competitive market environment," commented Eric Stonestrom, Airspan's President and CEO.
Good news today!!Things look like there going to pick up around here...
Ya...They should have released it on friday.
We could have had the whole weekend for the news to sink in, so to speak..It's great news, dont get me wrong.
I just think thats why we are seeing no volume right now.
Very weird...today is very slow..
It almost looks like we have found a new base here at .012
All it is, is just a lack of vol....
Good looking chart!!!
Ya this stock needs some volume really bad...
Well as you all know, with the company sending out the news late, alot of ppl lost trust in the stock. This is a great time to add a few more shares and create some MOMO IMO...get some more ppl watching...I think today we will see alot of buys coming in today..I dont think anyone is selling, and i dont see any reason why this stock cant see 2 cent by the end of the week.
GM everyone...Wheres the money at today?
GM everyone
GPGD put out news today!! All the company needs is a little volume..IMO..
What do you guys think?
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%
Whats up everyone? I like the board...
Did anyone take a look at the chart..GPGD and the news they released today? The company looks like all it needs is some volume, and it could be ready to go....paper thin for the most part..
Did anyone happen to take a look at the news GPGD put out today? What do you guys think?
Ya it's really slow today....I had a little acton on a few stocks though
Ouch...
Did anyone take a look at GPGD news today?
Volume is picking up nicely....All we need now is some MOMO
Press Release Source: Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
ADVERTISEMENT
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%
GPGD is picking up volume..
The company released news today!!
Once we see some MOMO, this is really going to take off...
Press Release Source: Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
ADVERTISEMENT
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%
Ya it is...So how was your day Money?
What does everyone think about GPGD and the news they sent out today?..The company needs a little volume to get things started, but with news like they put out today, i dont think thats going to be a problem. With a little MOMO this could run big..IMO
Press Release Source: Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
ADVERTISEMENT
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%
Good advice..
As soon as it moves a little though, I think we will see alot more ppl adding a few more shares and running this up around 2 cents..i dont think it will be hard to get the volume IMO...glty
GPGD got some great news today.. Looks like we might have found a new base..IMO, we could see 2 cents real soon..
Press Release Source: Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
ADVERTISEMENT
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%
What does everyone think about the NEWS GPGD put out today?
The company could be in for another run.
Press Release Source: Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
ADVERTISEMENT
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%
GPGD is ready to go!!!
With the news today, I think were going to see this shoot back up...
Press Release Source: Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
ADVERTISEMENT
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%
Ya it is!! Thats a pretty good gain today.
I wonder what we will see tomorrow?
GPGD is sitting pretty well right now..
Did anyone see the news today?
Press Release Source: Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
ADVERTISEMENT
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%
Did anyone see that GPGD put out news today?
Press Release Source: Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
ADVERTISEMENT
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
About Innovative Mining Technology, Inc.
IMT, Inc. is a R&D and mining company with proprietary technologies in extractive metallurgy. These technologies include the company's Gold recovery technology for the hydrometallurgical extraction of gold from its ores. The technological Process is both non-toxic and more efficient than conventional solvents such as cyanide. The IMT process accelerates the gold extraction rate and may increase gold recovery from its ore up to 90%