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In a detailed report prepared for Constitution Mining by MTI Holland/IHC Merwede in 2009, it estimated that the costs of gold production will be US$1.60 - US$2.40 per cubic meter at full-scale production. Based on CMIN's current preliminary results and a gold price of $1,200/ounce, James Prudden calculates recoverable gold values from the HBD-33 channel to be approximately $6.15 per cubic meter.
$6.15 - $2.40 =$3.75 per cu/mtr X2000 cu/mtr per Hr.=$7,500X24Hr.=$180,000 per dayX7days=$1,260,000 per week= TIME TO START DREDGING.
(curent higher price of gold should compensate for aditional cost of "pilot production" over "full scale production")
wow UP 16% APROCHING MY COST!
Interesting snotter. Pucacaca about 175 miles south east of CIMN and a very similar situation as the river there looks like it just reached the base the mountains. Was there gold mining in, or near the river? That's a remote area, mind telling us what you were doing there?
There have been comments about the weather at the mining site being cold. The site is only 273 nautical miles south of the equator. Hot year round.
If they have ordered the first dredge I must have missed the PR. At a profit of over $1,000 per oz. I hope they have and are going to air freight it to the site.
I agree tiger. To bad about the lost deposit.
How about the SPACE ELEVATOR ( http://www.google.com/search?q=space+elevator&sourceid=ie7&rls=com.microsoft:en-US&ie=utf8&oe=utf8 ) as a really exotic application for spider silk. I have read that carbon BUCKEYTUBES might be up to the task. Does spider silk have the equivalent levels of weight/strength?
I hold 28,000,000.00 shares
As I live in the West Indies I go to Miami for vacation. I have seen primitive gold dredging operations on the rivers in Guyana (South America)that were profitable at much lower gold prices so this still looks like a sure thing to me but it is starting to look like someone thinks different. I'm down so much I don't dare average down.
I go on vacation for two weeks and come back to a, nearly 50% loss.
alfredee hope you got all the 40's you wanted. None of them were mine but probaably should have been.
I haven't heard of a dredge being ordered much less schedguled for dilevery to the site which I believe will take months just for the trip.
Good luck alfredee I'm taped out. With some sources showing AZNG back to .30 today I am OK on the two stocks and I still don't see how this can possibly be anything but a huge winner.
I have seen small scale alluvial gold recovery in the rivers of South America being very lucrative with primitive dredges and being much further from the original source. If they have adequate finance, as you suggest, I don't see how it can go wrong with there location and modern dredging equipment.
gold near record high, company releasing apparently good news leading up to significant income in the near future and CMIN price tanking. According to Schwab AZNG closed @ .02 down .28 yesterday. What is going on? The market's best buying opportunity - or?
Gold goes up we go down. I'm on vacation from tomorrow. Please get this show on the road while I am gone.
To this impatient investor these mining stocks seem to take forever to get to profitability. We are at the low end of the $1.92 - $.60 52 week range even though we seem to be closer than ever to the start of mining and the reports we have been given seem to meet there criteria for moving forward. Does someone know something that we don't? I'm holding both CMIN and AZNG but wish I had my initial investment back to purchases at today's prices.
Under the cloud cover of Hurricane EARL this morning but we are well south of the forcast track.
I am not sure about that but I seem to recall that the larger production dredges with there refining plant were around $5,000,000 each.
The "Mining Plan" says 48,000 Oz. production per year from the pilot mining program. At a profit of around $1,000 an Oz. it should be no problem paying for the larger equipment. I look forward to news that they are going forward with the pilot program.
I believe the dredge manufacturer may be a partner in the project and they have managed to come up with serious money to finance the claim purchases so hopefully they have the resources to proceed with dredging as soon as they prove the viability. However I certinly hope they will keep us up to date with news on major decisions like ordering dredges (they PRed the order of drilling equipment) and we haven't seen that yet. The current price doesn't reflect any good news in the offing or the increasing price of gold.
tiger77 any clue as to just what the big news will be? I hope it is to proceed with the pilot dredging project ASAP.
Kevin from Fibera Treuhand AG, wasn't this Alpine Communications AG before?) called me yesterday. I guess they are IR for CMIN and AZNG. They have another "Private Placement" for CMIN but I am in deep enough already. I tried to get anything out of him that might be interesting but learned nothing except that they expect good things to happen and so do I. I don't see how they can go wrong with this venture if they can come up with the finances to get dredges opperating.
Aruba nice but I already live in the West Indies. deep
Constitution Mining CEO Dr. Michael Stocker Interviewed on Hard Money Watch
Lima, Peru - July 27, 2010 - Constitution Mining Corp. (CMIN.OB) is pleased to inform you that Sunday's live radio interview with Constitution Mining CEO, Dr. Michael Stocker (left), is now available online. To listen to the interview on Hard Money Watch, click here: http://www.kfnn.com/podcast.asp?id=3120.
Hard Money Watch - now in its 18th consecutive year - is hosted by Pat Gorman, a fellow member of Constitution Mining's board of directors. The live call-in program is well known for providing leading free-market oriented commentary on commodities, currencies, the economy and the stock market.
Mr. Gorman, along with Dr. Stocker, discuss CMIN's recent announcement of significant gold discoveries made in the Company's Gold Sands project of Peru. To read about those discoveries, click here: Constitution Mining Makes Significant Discovery in the Gold Sands of Peru.
To listen to Dr. Stocker's informative and timely interview on Hard Money Watch, click here: http://www.kfnn.com/podcast.asp?id=3120.
About Constitution Mining Corp. (CMIN.OB)
The Company's goal is to locate large-scale commercially viable gold deposits and continuously increase the amount of gold underlying its outstanding shares. The Company is interested primarily in geographical areas that are home to several significant proven gold deposits, including highly prospective districts likely to hold further large deposits.
Peru
The first and most active project is in the Gold Sands region of Peru - laid down by eons of alluvial erosion. For millions of years, the waters of the Santiago and the Maranon rivers have been carving their way through the gold-rich mountain canyons of the Andes, carrying off vast amounts of gold and depositing it in the loose gravels and sands - Gold Sands - in the area the Company now controls.
Results from test holes drilled during CMIN's 26-hole Phase I exploratory drill program indicate the presence of significant alluvial gold. The Company is now actively engaged in conducting a Phase II drill program focused on grid drilling a 2.5 square kilometer region. While the results from the Phase I drill program and the initial results of the Phase II, 100-hole drill program are highly favorable, further results are needed to determine the full feasibility of the project.
The full implementation of these programs will require the Company to secure additional financing.
Nevada
On April 1st, 2010 CMIN executed a definitive and binding Asset Purchase Agreement with Seabridge Gold Inc. to acquire 30 Nevada-based gold projects comprised of 2,141 claims, primarily located in the heart of Nevada's prolific Walker Lane gold belt.
The most advanced project in the 30-property package of mineral claims the Company is seeking to acquire is the Castle Black Rock gold project in Esmeralda county, which has an NI-43-101-compliant gold resource of 215,000 ounces in the measured and indicated categories (12.38 million tonnes grading 0.54 gram of gold per tonne) and 93,000 ounces in the inferred category (7.95 million tonnes grading 0.37 gram of gold per tonne). For further information about the Nevada gold resources, click here: http://www.seabridgegold.net/resources.php.
The closing of the Agreement, which is anticipated to occur on or before September 30th, 2010, is subject to certain conditions, including, but not limited to: (1) Seabridge obtaining certain authorizations, approvals and consents necessary to transfer the assets to the Company; (2) the accuracy of the parties' representations and warranties; and (3) material performance of all of the agreements and obligations of the parties.
Further information about Constitution Mining Corp may be found at: http://www.ConstitutionMining.com.
On behalf of the Board:
Dr. Michael Stocker - CEO
Constitution Mining Corp. (CMIN.OB)
Investor Inquiries:
Toll Free: 888-906-5656
Direct Dial: +41 (0) 71 791 0080
Email: Info@ConstitutionMining.com
Disclaimer: This release contains forward-looking statements that are based on beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words , or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of Constitution Mining Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance , or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. Constitution Mining Corp. cautions that it has not verified or confirmed the accuracy of the gold resource estimate concerning the Castle Black Rock gold project in Esmeralda county that was prepared at the direction of Seabridge in October 2000.To the extent permitted by law, Constitution Mining Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.
looks like good things are about to happen here
http://finance.yahoo.com/news/Constitution-Mining-Makes-ccn-3926668305.html?x=0&.v=1
I have had a solar water heater on my house for several years and am very happy with it, Free hot water after capital payback. I am surprized that everyone interested in green energy hasn't insisted on solar hot water as a simple, but efective, first step in energy concervation. Initaly more expensive and more complicated in hard freze areas but a friend of mine even sells them in Canada. Go (XPGH)
It reads like good news to me except that it sounds like it will now be a year till they give a go ahead to acquiring dredges, I was originally lead to believe the first dredge would be on site this year. The PPS has tanked from my entry and from the 52 week high of $1.92, (low of$.40, current of $.78) even though gold has increased. PPS has been so volatile I frequently think someone may knows more than I do. AZNG, which has reported no drilling, on the other hand, is up nicely. The fact that they have continued with the acquisition of leases leads one to believe they have already decided the project is economically viable. At a recovery cost of anywhere near $200 an oz. this should be a BOANZA.
Constitution Mining to expand Peru drill program
Lima, Peru - May 11, 2010 - Constitution Mining Corp. (CMIN.OB) reports that the Company has initiated the process for expanding the drill permits for its Gold Sands property in Peru.
Anticipating the expansion of its drill program, the Company is currently concluding the Environmental Impact permit which will allow CMIN to explore the entire Constitution Gold Sands property for the next 12 months and allow the drilling up to 428 additional holes.
A major step forward for this program was that the Company organized a community meeting on May 1st 2010 in Puerto Elisa, community close to our current drill program. Over 100 community's leaders and more than 1200 people participated in this meeting and confirmed the interest and support of the local people to CMIN's project in the Gold Sands Area.
The meeting included the presence of the district major of the Manseriche Municipality, Manseriches lieutenant-Governor, Manseriches district Judge, UGEL-Saramirizas educations coordinator, Indian organization ORPISIN-ORPAM's president, APUS from several native communities, governors and municipal agents of different villages, mothers club president, teachers and members of the general public.
Constitution Mining was represented by Rodolfo Matute (Head of Community Relationships) and his team including expert in communitarian relationships Gerardo Medina and regional Indian authority Washuru. The meeting was an important formal step to present the results of the environmental study and social base line executed by the international consulting companies AMEC and the Stocker Group. The expansion of the project was explained to the people and all community leaders signed a document which states that they are in favor of the expansion of the program. The meeting concluded with the signing of the respective Legal Records and a fellowship lunch.
CEO Michael Stocker commented: "I am impressed to see that we have reached our objectives to include the local people in our project from the beginning. I do not think that there is any other company in the area with such a support from the locals like Constitution. The presence of the governor, the Regional Indian Authority and hundreds of local men and woman that work with us confirm this."
About Constitution Mining Corp.
The Company's goal is to locate large-scale commercially viable gold deposits and continuously increase the amount of gold underlying its outstanding shares. The Company is interested primarily in geographical areas that are home to several significant proven gold deposits, including highly prospective districts likely to hold further large deposits.
Peru
The first and most active project is in the Gold Sands region of Peru - laid down by eons of alluvial erosion. For millions of years, the waters of the Santiago and the Maranon rivers have been carving their way through the gold-rich mountain canyons of the Andes, carrying off vast amounts of gold and depositing it in the loose gravels and sands - Gold Sands - in the area the Company now controls.
Results from test holes drilled during CMIN's 26-hole Phase I exploratory drill program indicates a potential presence of significant alluvial gold. The Company is now engaged in implementing a Phase II drill program that will focus on grid drilling 2.5 square kilometer regions with an aim to develop gold resource estimates and to gather further data to determine the feasibility of large-scale mining of this vast resource. While the results received from the Phase I drill program were favorable, the Company cautions that these results do not yet indicate the presence of a commercially viable mineral deposit.
The full implementation of these programs will require the Company to secure additional financing.
Nevada
On April 1st, 2010 CMIN executed a definitive and binding Asset Purchase Agreement with Seabridge Gold Inc. to acquire 30 Nevada-based gold projects comprised of 2,141 claims, primarily located in the heart of Nevada's prolific Walker Lane gold belt.
The closing of the Agreement, which is anticipated to occur on May 20, 2010, is subject to certain conditions, including, but not limited to: (1) Seabridge obtaining certain authorizations, approvals and consents necessary to transfer the assets to the Company, (2) the accuracy of the parties' representations and warranties, and (3) material performance of all of the agreements and obligations of the parties. The agreement contains certain termination rights, including the right of either party to terminate the Agreement if the closing has not occurred by June 20, 2010 (as long as the terminating party has performed its obligations under the Agreement) and to terminate upon a material misrepresentation or breach by either party. The Agreement may also be terminated upon mutual consent of the parties.
Further information about Constitution Mining Corp may be found at:
www.ConstitutionMining.com
On behalf of the Board;
Dr. Michael Stocker - CEO
Constitution Mining Corp. (CMIN.OB)
Investor Inquiries:
Toll Free: 888-906-5656
Direct Dial: +41 (0) 71 791 0080
Email: Info@ConstitutionMining.com
Disclaimer
This release contains forward-looking statements that are based on beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words , or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of Constitution Mining Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance , or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Constitution Mining Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.
HI V Schwab seems to prorate the commissions. That was the second partial on that order. If it all fills the total commission will be interesting.
Sorry about that folks, I had a GTC @ .0001 for a million in from last week and they just partial filled 1,625 of it. A 16 cent buy just cost me big time. Take it back if I could.
Morning Basser1 I'm sure there are many more like me that don't feel they have anything to add but appreciate those that do. My first buy was march 08 and I read the board almost every day.
Thanks Lurker but been lurking myself for years this is just adding to the pot
filled 100,000 at .007 in 60 seconds
As I stated earlier my trade was yesterday sorry I didn't restate that.
I put the order in at around 1PM "day only" then changed it to GTC at 2:46, it filled at 3:38 Schwab.
I got a million at 4 yesterday much to my surprise
No luck over several days with .0002, .0003 just filled in 2 seconds
The FOX segment was a rerun of a weekend show. they said that many states are so cash strapped that medicinal and everyday use would almost surly be legalized for the tax revenue. Ganga is already widely available and in used here in the West Indies with no apparent ill effects that I am aware of.
FOX running segment on taxing and legalizing ganga now
Constitution Mining Begins Production Testing on Gold Sands Project in Peru
Lima, Peru - October 26, 2009 - Constitution Mining Corp. (CMIN.OB) announces the continuation of the Bangka drilling and test pitting program at its Gold Sands project in northeast Peru. In addition to the above program, the Company is evaluating geophysical methods to better define the location of the mineralized sands and gravels. The goal is to more accurately assess whether the economic recoverability of gold is possible from the alluvial sands and gravels of the Company’s 382 square kilometer (230 square mile) project area.
The pitting is being carried out by one 6-man crew that manually excavates the test pits to a depth of up to 6 meters. Where a Bangka drill hole intersects significant mineralization, the crew will excavate a pit measuring 1.5-meter square to the gravel horizon. A one cubic meter (approximately 3 ton) sample is collected and processed on site producing a concentrate from which the gold is recovered at Constitution’s laboratory in Saramiriza. At the laboratory, the recovered gold is weighed and a calculated grade in milligrams per cubic meter is determined.
The purpose of the pitting and drilling is to determine an accurate gold grade. The quantity of gold collected from the excavated material should reflect the amount of gold that would potentially be recovered in a full scale dredging operation. Samples from each pit will also be sent to an independent commercial laboratory to determine the fineness of the gold grains and trace element analysis including silver.
Pitting will progress by following the path of drilling on selected traverses across the Company’s 380 square kilometer Gold Sands property. The Company intends to announce results from the Bangka drilling and test pitting as they become available during the coming weeks.
Gary Artmont, Constitution Mining’s CEO, commented: “Locally, informal miners are busy in the area digging from surface and processing gold using sluice boxes and monitors. We will use our drills to locate the gold-enriched gravel and sand and then dig pits to accurately measure the amounts of recoverable gold.”
“It’s an exercise that is intended to leave little doubt about the gold grades present. For our purposes, the method provides a high level of reliability, since there’s not much difference between pitting results and recovery from a full-scale dredging operation.”
Artmont continued: “Drilling isn’t enough. Alluvial deposits characteristically are erratic. So there is no sense in relying on 6” wide drill cores regardless of how encouraging they may look. The only prudent way to assess the economic viability of an alluvial project is to hopefully produce gold from large bulk samples.”
About Constitution Mining Corp.
Our goal is to locate a commercially viable gold deposit and continuously increase the amount of gold underlying each of our outstanding shares. To build such value, we are focusing on the rapidly developing Gold Sands region of Peru, where we have optioned 382 square kilometers (147.5 square miles) of mining properties - the largest such block in the district.
The Gold Sands of Peru were laid down by eons of alluvial erosion. For millions of years, the waters of the Santiago and the Maranon rivers have been carving their way through the gold-rich mountain canyons of the Andes, carrying off vast amounts of gold and depositing much of the treasure in loose gravels and sands - Gold Sands - below the Manseriche gorge in Northeastern Peru. There the rivers reach a broad flood plain, slow to a crawl and release their cargo.
Historical drilling and sampling data from more than 500 test holes in the “Discovery Area” located on Constitution Mining's properties indicates the presence of significant alluvial gold in the region. We have designed programs to confirm the accuracy of this historical data with the intent of capturing the profit potential of the area by applying recently enhanced mining technologies that are especially well suited to low-density, near-surface deposits. These green-mining technologies are energy-efficient and environmentally friendly -- features that support their profitable use. The implementation of these programs will require the company to secure additional financing.
For further details, please see today’s current Form 8-K filing.
Further information about Constitution Mining Corp may be found at www.ConstitutionMining.com.
On behalf of the Board:
Gary Artmont - CEO & Director
Constitution Mining Corp.
Investor Inquiries:
Toll Free: 888-475-0070
Direct Dial: 646-755-3352
Email: Info@ConstitutionMining.com
Disclaimer: This release contains forward-looking statements that are based on the beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp. current expectations as contemplated under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate, "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Constitution Mining Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date indicated in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Constitution Mining Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.
Disclaimer
This release contains forward-looking statements that are based on the beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp. current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate, "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Constitution Mining Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date indicated in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Constitution Mining Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.
KING There web page http://www.constitutionmining.com/index2.asp is most informative. Gold in those quantities is probably there and the new recovery technology is proven but can they put the two together? That is the question influencing the price.
marketwire
Automotive Industries Magazine to Feature AVEC Engines as Its Cover Story
* Press Release
* Source: Axial Vector Engine Corp.
* On Wednesday September 16, 2009, 6:21 am EDT
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DUBAI, UNITED ARAB EMIRATES--(Marketwire - 09/16/09) - Axial Vector Energy Corporation ("AVEC") (Pinksheets:AXVC - News) (Frankfurt:BAE1 - News) announced today that Automotive Industries Magazine (http://www.ai-online.com/) will feature the AVEC engine technology as its cover story in the January issue.
Automotive Industries (AI) is devoted to providing a global coverage on all aspects of the automobile marketplace, with an emphasis on the people, products and processes that shape the industry. Automotive Industries provides more than 40,000 manufacturers and suppliers with in-depth news, information, insight and analysis on the global events that affect the auto industry.
The in-depth cover feature on AVEC will focus on the engineering breakthroughs of the AVEC engines and what their rapid commercialization will do for reduced energy consumption and a much lower impact on the air and environment.
Remarked Sanjai Chhaunker President and CEO of AVEC, "Automotive Industries has over 40,000 subscribers who average 24 years auto industry exp and over 90% say AI is 1st / 2nd reading choice every month. In addition (http://www.ai-online.com/) is receiving over two million hits per month which will add tremendously to our visibility. We are also very pleased that senior management of AI are now providing personal introductions to OEM's and investors in the worldwide auto industry." Mr. Chhaunker further stated, "We encourage everyone to go to our web site www.axialvectorenergy.com and view the videos of our engines running to understand why the world is now showing so much interest."
About Automotive Industries Magazine
Today's carmakers GM, Ford, Daimler, Chrysler, Renault/Nissan, BMW, Honda, Toyota, Hyundai and the major systems suppliers are building 50M+ vehicles per year and are constantly looking for new suppliers, new innovations and cost savings opportunities in today's difficult market for car makers, new fuel efficient technologies and new suppliers in low labor cost emerging markets. The auto industry is often considered to be one of the most global of all industries, (see report*). Automotive Industries (AI) offers global media coverage for the industry and can position itself as the "Newsweek" magazine for the industry. By 2020 there are expected to be 1 billion cars on the planet. Reuters, CNN, Forrester Research, Automotive Industries (AI) is the world's oldest continually published trade publication covering the auto making business. It was founded in November 1895 as "The Horseless Age," the first magazine created to cover the world's transition from horse-drawn conveyances to those powered by the new internal combustion engine. The magazine changed its name to "The Automobile" in July 1909, an era when gasoline, steam and electricity all vied for preeminence in motive power. The magazine's present name was established in November 1917. The title was briefly amended to "Automotive and Aviation Industries" during the World War II years, as the magazine expanded its coverage of technologies and production methods to include the aircraft industry, in which many automakers participated.
AI Testimonials, "If you go back and look at The Horseless Age* (*Automotive Industries was formerly The Horseless Age from 1895-1917), it's sort of like the Byte Magazine of the PC industry, very hardcore, covers all the models in-depth, explains what's going on inside definitely part of getting things going." - Bill Gates, Founder of Microsoft
About Axial Vector Energy Corporation
Axial Vector Energy Corporation (AVEC) is a global solutions provider that owns, develops, invest in and licenses revolutionary technologies including, internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world.
Forward-Looking Statements
This press release may be deemed to contain forward-looking information. Any forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth, may be significantly and materially impacted by certain risks and uncertainties, including, but not limited to, failure to meet operating objectives or to execute the operating plan, completion, and other economic factors. Additional risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission.
To be added to the Company's email distribution for future news releases, please send your request to inquiry@axialvectorenergy.com.
Fox News Segment of AVEC Now Posted on AVEC YouTube Site
* Press Release
* Source: Axial Vector Engine Corp.
* On Monday September 14, 2009, 6:32 am EDT
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DUBAI, UNITED ARAB EMIRATES--(Marketwire - 09/14/09) - Axial Vector Energy Corporation ("AVEC") (Pinksheets:AXVC - News) (Frankfurt:BAE1 - News) announced today that the completed news segment for the upcoming Fox Business TV show has been finished and is now available to view on the AVEC YouTube business page.
To view the video go to