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Tycoon - agreed that GAXY volume is awesome - moving up up up today and throughout the week IMO - gonna see .3's soon and .4's to come IMO - NEWS on GAXY below:
Galaxy Minerals Appoints Dr. Thomas P. Fry to the Board of Directors and Gives Project Update
LAKE VILLA, Ill. and SANTA CRUZ COUNTY, Ariz., March 22, 2005 /PRNewswire-FirstCall via COMTEX/ --
Galaxy Minerals (OTC Bulletin Board: GAXY), today announced that they appointed Dr. Thomas P. Fry D.O. to the Board of Directors as an Executive Director.
DR. THOMAS P. FRY D.O. (33) (Executive Director) Health & Safety
Dr. Fry served as Attending Physician of the Emergency Room of Condell Hospital as well as being fully versed in hazardous materials including safety procedures & prevention associated with them. Dr. Fry practiced medicine out of Illinois in private practice before deciding to go more into the corporate medical world where we believe he will play a vital role consulting on employees healthy and safety.
Dr. Fry has a Bachelor of Science degree in Chemistry and will be consulting on the operation and safe use of Chemicals used in mining. Metal bearing ores need to be analyzed and chemicals mixed correctly or the recovery process can fall below the economic feasibility of extraction. In addition, Dr. Fry will be advising on the correct processes in disposing of used chemicals in an environmentally friendly and safe manner.
Dr. Fry's education is as follows:
* University of Illinois 1993 BS-Chemistry
* Chicago College of Osteopathic Medicine 1998
* Lagrange Hospital - Residency 1998-2001
* Condell Hospital-Attending ER Physician 2001-2003
* Central Dupage Hospital - Current Attending Physician
Galaxy Project Update:
Yellow Jacket & Phoenix Mine: Galaxy is currently making the final preparations to bring this mine in to production. Obtaining the correct permits for mining and getting the final data back from the labs is ongoing.
Culebrillas Mine-Peru: Galaxy Minerals has people on location and will be tendering for a planned intensive drilling program. We hope to see drilling take place in the later half of this year.
Oatman/Lexington Mines: Craig L. Parkinson of Parkinson Geologic Services was dispatched to do preliminary plotting, mapping, and rock chip sampling from the 7 patented mines. After this stage is complete, Parkinson Geologic Services will be conducting a review of the other 76 parcels of property we have on the claim block in and around Oatman Arizona.
Bonanza Project: This project is our latest acquisition with approx. 5000 acres of land. The project is a disseminated gold project that will require drilling and sampling across a vast area of the acreage. The company may take bids from drilling and /or engineering companies in order to expedite the exploration process.
ABOUT GALAXY MINERALS ( www.galaxyminerals.com )
Galaxy Minerals, Inc. is incorporated in the State of Florida and trades on the OTC BB under the symbol GAXY.OB. Its main focus is that of Mining & Mining Exploration. Included in Galaxy Mineral's portfolio in various forms of JV and interest earning ventures are:
PERU:
The Culebrillas Gold Mine situated in the Pataz Gold Belt of Northern Peru has a potential Inferred Mineral Resource in excess of 3,000,000 ounces Gold, based upon independent historical data calculations, extensive sampling, previous drilling programs, and actual pilot plant production for the past 10 years. Galaxy has acquired certain mineral rights in Peru, to develop the Culebrillas mine.
ARIZONA:
OATMAN GOLD & LEXINGTON PATENTED GOLD PROJECTS
Galaxy Minerals Inc. has a 75% interest in 7 patented and 76 unpatented mining claims in and around Oatman Arizona.
YELLOW JACKET GOLD MINE & PHOENIX GOLD PROJECT
Galaxy currently holds a 51% interest in the patented Yellow Jacket Gold Mine in Southern Arizona and the adjoining Patented Phoenix Gold project
The Company's headquarters are located in Chicago.
Galaxy Minerals, Inc. 500 Park Ave. Suite 203 Lake Villa IL 60046
847-265-7600 - Phone 847-265-0995 - Fax Lines
Email:
Info@Galaxyminerals.com
Or
Investor Contact:
Cynthia DeMonte
DeMonte Associates
212-650-0525
cdemonte@aol.com
www.demonte.com
Forward-Looking Statements:
Mining and Mining Exploration is inherently risky by nature. If you are contemplating an investment in the company you should prior to any such action, contact your financial advisor and or accountant/Legal council or other party in advance of any such action. We recommend that you seek advice from an Industry specific consultant in conjunction to consulting your normal advisor. If you are in any doubt rather exercise caution and stay out. Certain statements included herein may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-KSB, Form 10-QSB and other filings with the Securities and Exchange Commission. These forward- looking statements are made as of this date and the Company assumes no obligation to update such forward-looking statements as a result of a number of factors.
SOURCE Galaxy Minerals
Galaxy Minerals, Inc., +1-847-265-7600, or fax, +1-847-265-0995,
Info@Galaxyminerals.com
; or Investors, Cynthia DeMonte of DeMonte Associates,
+1-212-650-0525,
cdemonte@aol.com
, for Galaxy Minerals
http://www.prnewswire.com
--------------------------------------------------------------------------------
Copyright (C) 2005 PR Newswire. All rights reserved.
News provided by
FNPR news - looks great :) if you ask me!!!!
First National Power Retains DeMonte Associates to Launch Investor and Public Relations Awareness Program
Company's Green Oasis Mobile Utility Unit Gaining International Recognition as it Prepares to Enter Market
BELLEVUE, Wash., Mar 22, 2005 (BUSINESS WIRE) --
First National Power Corp. (OTC BB:FNPR), a manufacturer of micro utility vehicles for areas effected by environmental disasters and difficult regional terrains, today announced that due to increasing interest from members of the investment community and international governments, the Company is launching a highly visible investor and public relations awareness program.
The GREEN OASIS(TM) is an environmentally friendly micro utility vehicle equipped with state-of-the-art technology that enables communities to have access to features which include a regenerative power supply, water purification, satellite communications as well as on board computers, mobile radios, fax, printer, copy machines, cell phones, global positioning systems, weather stations, video, first aid equipment and other advanced mobile communications and operation equipment.
Cynthia DeMonte, President of DeMonte Associates, stated, "GREEN OASIS(TM) is an unmatched source of desperately needed services to areas that have been devastated by environmental disasters and/or are unable to be reached by any conventional method. With the recent Tsunami, landslides in California, hurricanes in Florida and other life-threatening disasters, First National Power is targeting a huge market. The Company is truly bringing "life back" to areas that were thought to be lost."
Additionally, terrain once considered inaccessible will benefit from this advanced technology that can revolutionize the meaning of search and rescue," DeMonte concluded.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's results may differ materially from expected results.
SOURCE: First National Power Corp.
DeMonte Associates
Investor Contact:
Cynthia DeMonte, 212-605-0525
cdemonte@aol.com
www.demonte.com
--------------------------------------------------------------------------------
Copyright Business Wire 2005
News provided by
SPRL news .165 x .175 - great entry IMO
Strat Petroleum Announces Asset Base for Oil Drilling Joint Venture
TORONTO, Mar 22, 2005 (BUSINESS WIRE) --
Strat Petroleum, Ltd. (Other OTC:SPRL) today announced that preliminary review of the records of Saraktasch Oilgas Drilling Expedition Co., indicates the assets that will be available to the new joint venture for future drilling services are significant.
The Drilling Co.'s assets include the following:
a) 31 acres of land at US$40,500/acre = US$1.26 million;
b) 24 buildings at US$200,000 = US$4.8 million; and,
c) 6 Uralmash drilling units at US$1,500,000 = US$9.0 million.
Currently the Company drills between 18-20 wells a year at an average cost of $1 million per well.
Strat Petroleum's commitment is to grow the business by providing additional financing; investing in more advanced equipment for drilling and maintenance; and offering other services such as 2D and 3D seismic testing, computerized logging and detailing the fields, etc.
Strat has the opportunity to significantly increase revenues by bartering drilling services in exchange for crude oil at discounts to market. The oil may be exported to surrounding countries at world prices or refined into finished products which will generate even greater profit margins.
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.
Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; uncertainties of completing business transactions; uncertainties of raising necessary capital; no control over long term pricing; possible reductions in demand for our products and services due to competition or changes in industry conditions or political environment; changes in the nature of energy regulation in the Russian Federation, the United States and other countries; political risk; currency exchange risk; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; reliance on management and management contacts; and other risks that may be referenced from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Strat Petroleum, Ltd.
Strat Petroleum, Ltd.
Kathy Bassi, 905-714-0058
www.stratpetroleum.com
--------------------------------------------------------------------------------
Copyright Business Wire 2005
News provided by
SPRL news .165 x .175 - great entry IMO
Strat Petroleum Announces Asset Base for Oil Drilling Joint Venture
TORONTO, Mar 22, 2005 (BUSINESS WIRE) --
Strat Petroleum, Ltd. (Other OTC:SPRL) today announced that preliminary review of the records of Saraktasch Oilgas Drilling Expedition Co., indicates the assets that will be available to the new joint venture for future drilling services are significant.
The Drilling Co.'s assets include the following:
a) 31 acres of land at US$40,500/acre = US$1.26 million;
b) 24 buildings at US$200,000 = US$4.8 million; and,
c) 6 Uralmash drilling units at US$1,500,000 = US$9.0 million.
Currently the Company drills between 18-20 wells a year at an average cost of $1 million per well.
Strat Petroleum's commitment is to grow the business by providing additional financing; investing in more advanced equipment for drilling and maintenance; and offering other services such as 2D and 3D seismic testing, computerized logging and detailing the fields, etc.
Strat has the opportunity to significantly increase revenues by bartering drilling services in exchange for crude oil at discounts to market. The oil may be exported to surrounding countries at world prices or refined into finished products which will generate even greater profit margins.
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.
Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; uncertainties of completing business transactions; uncertainties of raising necessary capital; no control over long term pricing; possible reductions in demand for our products and services due to competition or changes in industry conditions or political environment; changes in the nature of energy regulation in the Russian Federation, the United States and other countries; political risk; currency exchange risk; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; reliance on management and management contacts; and other risks that may be referenced from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Strat Petroleum, Ltd.
Strat Petroleum, Ltd.
Kathy Bassi, 905-714-0058
www.stratpetroleum.com
--------------------------------------------------------------------------------
Copyright Business Wire 2005
News provided by
Gonna be a GAXY week :)
Volume huge yesterday - like this play from here to .3's - .4's
One of the boards I belong to is focusing on this stock, think it's a solid play all around.
Like it DD - SPRL certain to move IMO
SA n NEMO - looks good for SPRL, companies of this nature are in the right place at the right time when I think about it. Nice DD.
GAXY moving right now :)
Yup, GAXY gonna push toward HOD with dividend - back to .3's for GAXY this week I forcast, and volume is awesome :)
GAXY picking up big buys :) gonna be a good GAXY week :)
DD - like GAXY gooooooooo to close HOD :)
Agreed DD - GAXY is nice... seen this GAXY move in the past and I feel that it is going to play again. Lots of talk about GAXY, positive volume today and it's gonna push the HOD i hope here - goooo GAXY all week into next :)
GAXY and FNPR both looking good this morning - GAXY about to go with all the buys coming in at .35 - FNPR on Stock Watch Alert
otcstockexchange.com: Stock Watch Alert -- OTCStockExchange.com FNPR, STTC, USTT, APPI
Rochester, NY, Mar 07, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com`s "Stock Watch Alert" this morning are First National Power Corporation (OTCBB: FNPR), SoftNet Technology (OTCBB: STTC), USA Technologies Inc. (OTCBB: USTT), Advanced Plant Pharmaceuticals, Inc., (OTCBB: APPI).
Sign-up for a FREE trial of our award winning newsletter at http://www.otcstockexchange.com !
First National Power Corporation (OTCBB: FNPR - http://finance.yahoo.com/q?s=FNPR.OB ):
First National Power Corporation is a developer of renewable energy to meet the growing demand for clean, renewable sources of power. First National's focus is on green power, the most rapidly growing source of electricity generation in the world. The team of experienced professionals at First National brings together a full range of project development, technical, financial, and marketing skills to design, construct, and operate wind power facilities.
GAXY and FNPR taking increase volume this morning
FNPR on HOT Stock Alert and I would RADAR GAXY here
FNPR .30 x .31
GAXY .29 x .35 with a lot of buys coming in
otcstockexchange.com: Stock Watch Alert -- OTCStockExchange.com FNPR, STTC, USTT, APPI
Rochester, NY, Mar 07, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com`s "Stock Watch Alert" this morning are First National Power Corporation (OTCBB: FNPR), SoftNet Technology (OTCBB: STTC), USA Technologies Inc. (OTCBB: USTT), Advanced Plant Pharmaceuticals, Inc., (OTCBB: APPI).
Sign-up for a FREE trial of our award winning newsletter at http://www.otcstockexchange.com !
First National Power Corporation (OTCBB: FNPR - http://finance.yahoo.com/q?s=FNPR.OB ):
First National Power Corporation is a developer of renewable energy to meet the growing demand for clean, renewable sources of power. First National's focus is on green power, the most rapidly growing source of electricity generation in the world. The team of experienced professionals at First National brings together a full range of project development, technical, financial, and marketing skills to design, construct, and operate wind power facilities.
FNPR looks solid - up 14% at .29 x .31 - HOT Stock Alert
otcstockexchange.com: Stock Watch Alert -- OTCStockExchange.com FNPR, STTC, USTT, APPI
Rochester, NY, Mar 07, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com`s "Stock Watch Alert" this morning are First National Power Corporation (OTCBB: FNPR), SoftNet Technology (OTCBB: STTC), USA Technologies Inc. (OTCBB: USTT), Advanced Plant Pharmaceuticals, Inc., (OTCBB: APPI).
Sign-up for a FREE trial of our award winning newsletter at http://www.otcstockexchange.com !
First National Power Corporation (OTCBB: FNPR - http://finance.yahoo.com/q?s=FNPR.OB ):
First National Power Corporation is a developer of renewable energy to meet the growing demand for clean, renewable sources of power. First National's focus is on green power, the most rapidly growing source of electricity generation in the world. The team of experienced professionals at First National brings together a full range of project development, technical, financial, and marketing skills to design, construct, and operate wind power facilities.
FNPR up around 14% today - .29 x .31 currently
otcstockexchange.com: Stock Watch Alert -- OTCStockExchange.com FNPR, STTC, USTT, APPI
Rochester, NY, Mar 07, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com`s "Stock Watch Alert" this morning are First National Power Corporation (OTCBB: FNPR), SoftNet Technology (OTCBB: STTC), USA Technologies Inc. (OTCBB: USTT), Advanced Plant Pharmaceuticals, Inc., (OTCBB: APPI).
Sign-up for a FREE trial of our award winning newsletter at http://www.otcstockexchange.com !
First National Power Corporation (OTCBB: FNPR - http://finance.yahoo.com/q?s=FNPR.OB ):
First National Power Corporation is a developer of renewable energy to meet the growing demand for clean, renewable sources of power. First National's focus is on green power, the most rapidly growing source of electricity generation in the world. The team of experienced professionals at First National brings together a full range of project development, technical, financial, and marketing skills to design, construct, and operate wind power facilities.
FNPR on Hot Stock Watch .29 x .31 up around 14% today
otcstockexchange.com: Stock Watch Alert -- OTCStockExchange.com FNPR, STTC, USTT, APPI
Rochester, NY, Mar 07, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com`s "Stock Watch Alert" this morning are First National Power Corporation (OTCBB: FNPR), SoftNet Technology (OTCBB: STTC), USA Technologies Inc. (OTCBB: USTT), Advanced Plant Pharmaceuticals, Inc., (OTCBB: APPI).
Sign-up for a FREE trial of our award winning newsletter at http://www.otcstockexchange.com !
First National Power Corporation (OTCBB: FNPR - http://finance.yahoo.com/q?s=FNPR.OB ):
First National Power Corporation is a developer of renewable energy to meet the growing demand for clean, renewable sources of power. First National's focus is on green power, the most rapidly growing source of electricity generation in the world. The team of experienced professionals at First National brings together a full range of project development, technical, financial, and marketing skills to design, construct, and operate wind power facilities.
Thanks Nemo - I hope GAXY does well this week, time will tell
GAXY Tycoon - yes, this is solid news. Currently .32 x .35 with resistance at .5
Keep this GAXY on watch for a GAP Monday and run all week, especially if more good PR comes along the way.
GAXY should run all week if you ask me... RADAR
GAXY news Friday after bell - GAP Monday maybe if you ask me :)
.32 x .35 Volume Friday was under the 10D average, look for increased volume and a good week I hope :)
Here is the news, long but worth the read - good luck :)
Galaxy Minerals Issues Potential Estimates for 2005 & 2006 and Announces Plans to Commence Production at the Yellow Jacket Mine
Company Estimates $7 Million in Revenue in 2005 Solely From Yellow Jacket to Spearhead Activity on Other Proven Holdings
LAKE VILLA, Ill. and SANTA CRUZ COUNTY, Ariz., March 4, 2005 /PRNewswire- FirstCall via COMTEX/ --
Galaxy Minerals Inc. (OTC Bulletin Board: GAXY) today announced plans to commence production on the Yellow Jacket Mine in Santa Cruz County, Arizona in Q2 2005. The company is planning to begin production operations on the Yellow Jacket property by May 1st 2005, pending the successful close of adequate financing, which the company believes will be accomplished by April 2005.
The company expects the potential recovery to exceed more than $75,000.00/day from the Yellow Jacket Property after production commences. Management conservatively anticipates that company could derive $7 million in revenue in 2005.
Conservative estimates of inferred gold could yield 774,000 ounces. Initial production costs are conservatively estimated to run well below $100.00/ounce.
The company concurrently announced that capital derived from the Yellow Jacket property could be utilized to fund the drilling of the Culebrillas property in Peru. With proven reserves, Galaxy conservatively estimates the value of the mining rights to yield in excess of $50 million. The company is considering a number of alternatives concerning Culebrillas including the sale of mining rights. This would allow the company to utilize proceeds from Culebrillas to develop the Oatman project.
Additionally, Galaxy expects the Phoenix Gold Project to be operational in 2006 with combined potential conservative revenue estimates at $50 million. The Phoenix Gold Project is patented and is located in the historic mining district of Oro Blanco and is located approximately 60 miles southwest of Tucson, Arizona, adjacent to the Yellow Jacket Mine.
"The beginning of production operations at Yellow Jacket will be the catalyst that will propel Galaxy into a new era, unfolding the real potential of the properties we hold. We have been very careful to seek out exceptional properties with very high potential for profit. The independent analysis clearly validates the potential of these investments. It is now time to put them into production and realize significant short- and long-term value for our shareholders and the investment community," stated Matthew Symonds, CEO.
ABOUT GALAXY MINERALS ( www.galaxyminerals.com )
Galaxy Minerals, Inc. is incorporated in the State of Florida and trades on the OTC BB under the symbol GAXY.OB. Its main focus is that of Mining & Mining Exploration. Included in Galaxy Mineral's portfolio in various forms of JV and interest earning ventures are:
PERU:
The Culebrillas Gold Mine situated in the Pataz Gold Belt of Northern Peru has a potential Inferred Mineral Resource in excess of 3,000,000 ounces Gold, based upon independent historical data calculations, extensive sampling, previous drilling programs, and actual pilot plant production for the past 10 years. Galaxy has acquired certain mineral rights in Peru, to develop the Culebrillas mine.
ARIZONA:
OATMAN GOLD & LEXINGTON PATENTED GOLD PROJECTS
Galaxy Minerals Inc. has a 75% interest in 7 patented and 76 unpatented mining claims in and around Oatman Arizona.
YELLOW JACKET GOLD MINE & PHOENIX GOLD PROJECT
Galaxy currently holds a 51% interest in the patented Yellow Jacket Gold Mine in Southern Arizona and the adjoining Patented Phoenix Gold project. The company recently completed a Stock Equity swap within the United Kingdom relating to 36,000,000 common shares of the company to which reg. 144 restrictions apply.
The Company's headquarters are located in Chicago.
Galaxy Minerals, Inc. 500 Park Ave. Suite 203 Lake Villa IL 60046
847-265-7600 - Phone 847-265-0995 - Fax Lines
Email:
Info@Galaxyminerals.com
Or
Investor Contact:
Cynthia DeMonte
DeMonte Associates
212-650-0525
cdemonte@aol.com
www.demonte.com
Forward-Looking Statements:
Mining and Mining Exploration is inherently risky by nature. If you are contemplating an investment in the company you should prior to any such action, contact your financial advisor and or accountant/Legal council or other party in advance of any such action. We recommend that you seek advice from an Industry specific consultant in conjunction to consulting your normal advisor. If you are in any doubt rather exercise caution and stay out.
Certain statements included herein may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-KSB, Form 10-QSB and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of this date and the Company assumes no obligation to update such forward-looking statements as a result of a number of factors.
SOURCE Galaxy Minerals Inc.
Galaxy Minerals, Inc., +1-847-265-7600, or fax, +1-847-265-0995,
Info@Galaxyminerals.com
; or investors, Cynthia DeMonte of DeMonte Associates,
+1-212-650-0525,
cdemonte@aol.com
, for Galaxy Minerals, Inc.
http://www.prnewswire.com
--------------------------------------------------------------------------------
Copyright (C) 2005 PR Newswire. All rights reserved.
News provided by
GAXY news Friday was very good if you ask me SA and DD. I think it will bring a lot of volume this week. Currently .32 x .35 and up 16.67% Friday prior to news...
Galaxy Minerals Issues Potential Estimates for 2005 & 2006 and Announces Plans to Commence Production at the Yellow Jacket Mine
Company Estimates $7 Million in Revenue in 2005 Solely From Yellow Jacket to Spearhead Activity on Other Proven Holdings
LAKE VILLA, Ill. and SANTA CRUZ COUNTY, Ariz., March 4, 2005 /PRNewswire- FirstCall via COMTEX/ --
Galaxy Minerals Inc. (OTC Bulletin Board: GAXY) today announced plans to commence production on the Yellow Jacket Mine in Santa Cruz County, Arizona in Q2 2005. The company is planning to begin production operations on the Yellow Jacket property by May 1st 2005, pending the successful close of adequate financing, which the company believes will be accomplished by April 2005.
The company expects the potential recovery to exceed more than $75,000.00/day from the Yellow Jacket Property after production commences. Management conservatively anticipates that company could derive $7 million in revenue in 2005.
Conservative estimates of inferred gold could yield 774,000 ounces. Initial production costs are conservatively estimated to run well below $100.00/ounce.
The company concurrently announced that capital derived from the Yellow Jacket property could be utilized to fund the drilling of the Culebrillas property in Peru. With proven reserves, Galaxy conservatively estimates the value of the mining rights to yield in excess of $50 million. The company is considering a number of alternatives concerning Culebrillas including the sale of mining rights. This would allow the company to utilize proceeds from Culebrillas to develop the Oatman project.
Additionally, Galaxy expects the Phoenix Gold Project to be operational in 2006 with combined potential conservative revenue estimates at $50 million. The Phoenix Gold Project is patented and is located in the historic mining district of Oro Blanco and is located approximately 60 miles southwest of Tucson, Arizona, adjacent to the Yellow Jacket Mine.
"The beginning of production operations at Yellow Jacket will be the catalyst that will propel Galaxy into a new era, unfolding the real potential of the properties we hold. We have been very careful to seek out exceptional properties with very high potential for profit. The independent analysis clearly validates the potential of these investments. It is now time to put them into production and realize significant short- and long-term value for our shareholders and the investment community," stated Matthew Symonds, CEO.
ABOUT GALAXY MINERALS ( www.galaxyminerals.com )
Galaxy Minerals, Inc. is incorporated in the State of Florida and trades on the OTC BB under the symbol GAXY.OB. Its main focus is that of Mining & Mining Exploration. Included in Galaxy Mineral's portfolio in various forms of JV and interest earning ventures are:
PERU:
The Culebrillas Gold Mine situated in the Pataz Gold Belt of Northern Peru has a potential Inferred Mineral Resource in excess of 3,000,000 ounces Gold, based upon independent historical data calculations, extensive sampling, previous drilling programs, and actual pilot plant production for the past 10 years. Galaxy has acquired certain mineral rights in Peru, to develop the Culebrillas mine.
ARIZONA:
OATMAN GOLD & LEXINGTON PATENTED GOLD PROJECTS
Galaxy Minerals Inc. has a 75% interest in 7 patented and 76 unpatented mining claims in and around Oatman Arizona.
YELLOW JACKET GOLD MINE & PHOENIX GOLD PROJECT
Galaxy currently holds a 51% interest in the patented Yellow Jacket Gold Mine in Southern Arizona and the adjoining Patented Phoenix Gold project. The company recently completed a Stock Equity swap within the United Kingdom relating to 36,000,000 common shares of the company to which reg. 144 restrictions apply.
The Company's headquarters are located in Chicago.
Galaxy Minerals, Inc. 500 Park Ave. Suite 203 Lake Villa IL 60046
847-265-7600 - Phone 847-265-0995 - Fax Lines
Email:
Info@Galaxyminerals.com
Or
Investor Contact:
Cynthia DeMonte
DeMonte Associates
212-650-0525
cdemonte@aol.com
www.demonte.com
Forward-Looking Statements:
Mining and Mining Exploration is inherently risky by nature. If you are contemplating an investment in the company you should prior to any such action, contact your financial advisor and or accountant/Legal council or other party in advance of any such action. We recommend that you seek advice from an Industry specific consultant in conjunction to consulting your normal advisor. If you are in any doubt rather exercise caution and stay out.
Certain statements included herein may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-KSB, Form 10-QSB and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of this date and the Company assumes no obligation to update such forward-looking statements as a result of a number of factors.
SOURCE Galaxy Minerals Inc.
Galaxy Minerals, Inc., +1-847-265-7600, or fax, +1-847-265-0995,
Info@Galaxyminerals.com
; or investors, Cynthia DeMonte of DeMonte Associates,
+1-212-650-0525,
cdemonte@aol.com
, for Galaxy Minerals, Inc.
http://www.prnewswire.com
--------------------------------------------------------------------------------
Copyright (C) 2005 PR Newswire. All rights reserved.
News provided by
GAXY news Friday after close - .32 x .35
I like this stock - news looks good if you ask me :)
ABOUT GALAXY MINERALS www.galaxyminerals.com
GAXY up 16.67% Friday near close - news came at bell and looks good if you ask me. Currently .32 x .35 VOLUME Friday 228,245 under the 10D average. Looks like this week could be strong based on news I have added below - have if look.
Galaxy Minerals Issues Potential Estimates for 2005 & 2006 and Announces Plans to Commence Production at the Yellow Jacket Mine
Company Estimates $7 Million in Revenue in 2005 Solely From Yellow Jacket to Spearhead Activity on Other Proven Holdings
LAKE VILLA, Ill. and SANTA CRUZ COUNTY, Ariz., March 4, 2005 /PRNewswire- FirstCall via COMTEX/ --
Galaxy Minerals Inc. (OTC Bulletin Board: GAXY) today announced plans to commence production on the Yellow Jacket Mine in Santa Cruz County, Arizona in Q2 2005. The company is planning to begin production operations on the Yellow Jacket property by May 1st 2005, pending the successful close of adequate financing, which the company believes will be accomplished by April 2005.
The company expects the potential recovery to exceed more than $75,000.00/day from the Yellow Jacket Property after production commences. Management conservatively anticipates that company could derive $7 million in revenue in 2005.
Conservative estimates of inferred gold could yield 774,000 ounces. Initial production costs are conservatively estimated to run well below $100.00/ounce.
The company concurrently announced that capital derived from the Yellow Jacket property could be utilized to fund the drilling of the Culebrillas property in Peru. With proven reserves, Galaxy conservatively estimates the value of the mining rights to yield in excess of $50 million. The company is considering a number of alternatives concerning Culebrillas including the sale of mining rights. This would allow the company to utilize proceeds from Culebrillas to develop the Oatman project.
Additionally, Galaxy expects the Phoenix Gold Project to be operational in 2006 with combined potential conservative revenue estimates at $50 million. The Phoenix Gold Project is patented and is located in the historic mining district of Oro Blanco and is located approximately 60 miles southwest of Tucson, Arizona, adjacent to the Yellow Jacket Mine.
"The beginning of production operations at Yellow Jacket will be the catalyst that will propel Galaxy into a new era, unfolding the real potential of the properties we hold. We have been very careful to seek out exceptional properties with very high potential for profit. The independent analysis clearly validates the potential of these investments. It is now time to put them into production and realize significant short- and long-term value for our shareholders and the investment community," stated Matthew Symonds, CEO.
ABOUT GALAXY MINERALS ( www.galaxyminerals.com )
Galaxy Minerals, Inc. is incorporated in the State of Florida and trades on the OTC BB under the symbol GAXY.OB. Its main focus is that of Mining & Mining Exploration. Included in Galaxy Mineral's portfolio in various forms of JV and interest earning ventures are:
PERU:
The Culebrillas Gold Mine situated in the Pataz Gold Belt of Northern Peru has a potential Inferred Mineral Resource in excess of 3,000,000 ounces Gold, based upon independent historical data calculations, extensive sampling, previous drilling programs, and actual pilot plant production for the past 10 years. Galaxy has acquired certain mineral rights in Peru, to develop the Culebrillas mine.
ARIZONA:
OATMAN GOLD & LEXINGTON PATENTED GOLD PROJECTS
Galaxy Minerals Inc. has a 75% interest in 7 patented and 76 unpatented mining claims in and around Oatman Arizona.
YELLOW JACKET GOLD MINE & PHOENIX GOLD PROJECT
Galaxy currently holds a 51% interest in the patented Yellow Jacket Gold Mine in Southern Arizona and the adjoining Patented Phoenix Gold project. The company recently completed a Stock Equity swap within the United Kingdom relating to 36,000,000 common shares of the company to which reg. 144 restrictions apply.
The Company's headquarters are located in Chicago.
Galaxy Minerals, Inc. 500 Park Ave. Suite 203 Lake Villa IL 60046
847-265-7600 - Phone 847-265-0995 - Fax Lines
Email:
Info@Galaxyminerals.com
Or
Investor Contact:
Cynthia DeMonte
DeMonte Associates
212-650-0525
cdemonte@aol.com
www.demonte.com
Forward-Looking Statements:
Mining and Mining Exploration is inherently risky by nature. If you are contemplating an investment in the company you should prior to any such action, contact your financial advisor and or accountant/Legal council or other party in advance of any such action. We recommend that you seek advice from an Industry specific consultant in conjunction to consulting your normal advisor. If you are in any doubt rather exercise caution and stay out.
Certain statements included herein may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of a number of factors. These risks and uncertainties, and certain other related factors, are discussed in the Company's Form 10-KSB, Form 10-QSB and other filings with the Securities and Exchange Commission. These forward-looking statements are made as of this date and the Company assumes no obligation to update such forward-looking statements as a result of a number of factors.
SOURCE Galaxy Minerals Inc.
Galaxy Minerals, Inc., +1-847-265-7600, or fax, +1-847-265-0995,
Info@Galaxyminerals.com
; or investors, Cynthia DeMonte of DeMonte Associates,
+1-212-650-0525,
cdemonte@aol.com
, for Galaxy Minerals, Inc.
http://www.prnewswire.com
--------------------------------------------------------------------------------
Copyright (C) 2005 PR Newswire. All rights reserved.
News provided by
Nice AMBD
AMBD news out :) entry is .06 right now :)
American Mobile Dental Corp. Compares Q4 2004 Revenue With Estimates for Q1 2005
MAMARONECK, N.Y., Feb 24, 2005 (BUSINESS WIRE) --
American Mobile Dental Corp., (Pink Sheets: AMBD) announced today that they expect to exceed their revenues from the previous quarter by 80 percent in Q1 2005. Last quarter AMBD generated approximately $153,000 in revenue. The company is off to a strong start for Q1 already surpassing those numbers in only the first half of the quarter.
Dr. Charles D. Randolph, CEO for the company stated, "Our revenues are continuing to grow each month. The company's production has been very strong for the first 7 weeks of Q1. We have been generating revenues well in excess of our previous quarter. We look to have continued growth through the rest of this quarter, and expect to increase revenues again in Q2. Starting in Q2, The addition of a new mobile clinic each quarter will help AMBD maintain or exceed its current revenue growth."
About American Mobile Dental Corp.
American Mobile Dental owns and operates state of the art, mobile dental offices in the northeast region of the United States. These mobile dental offices are designed to bring quality oral health care to families that might otherwise find it too difficult or expensive to seek such services outside their neighborhoods. The mobile dental offices serve both Medicaid eligible and fee for service patients with basic dental services, including sealants for children and orthodontic services.
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors.
SOURCE: American Mobile Dental Corp.
American Mobile Dental Corp.
Ted Randolph, 914-835-6004
http://www.americanmobiledental.com
--------------------------------------------------------------------------------
Copyright (C) 2005 Business Wire. All rights reserved.
News provided by
AMBD - nice... this is what they needed... looks good IMO
AMBD a solid company headed in the right direction - excellent time to pick it up here at .06 if you ask me.
GoOOOooOO AMBD :)
Great news for AMBD is you ask me... check it out :)
American Mobile Dental to Appear at Equities Magazine Conference in New York
MAMARONECK, N.Y., Feb 23, 2005 (BUSINESS WIRE) --
American Mobile Dental Corp. (AMBD:PK) will be presenting its corporate strategy at Equity Magazine's quarterly conference being held February 24, 2005 at La Belle Epoque Restaurant, 827 Broadway at 12th St. in NYC. American Mobile Dental will be one of seven participants at the conference which Equities Magazine, the sponsor, anticipates will draw upwards of 200 investors and investment professionals.
Charles D. Randolph, DDS, president and founder of American Mobile Dental Corp., will discuss the outlook for the Company's growth plans and pioneering approach to dental care for the under privileged from 9:00 to 9:30 a.m. and will also speak briefly as a participant in Equities Parade of Presidents which starts at 12:30 p.m. The event will be simultaneously webcast, and can be logged on at the website www.equitiesmagazine.com or, the direct link to the conference, http://www.vcall.com/CEPage.asp?ID=90628.
"Dr. Randolph's commendable socially responsible strategy, to bring dentistry in the form of mobile units to people who cannot travel to dentists themselves, is a wonderful idea and deserves our support, " says Equities Magazine Editor Robert J. Flaherty. "We are very happy to showcase it." Flaherty's award-winning Equities Magazine, a monthly periodical focusing on emerging growth companies, sponsors the Equities Conference.
About Equities Magazine
Award-winning, 53-year-old Equities Magazine applies the investment vision of Sir John Templeton to the emerging, small and middle cap stock market niches. Each year Equities Editor Robert J. Flaherty interviews Sir John and then sets a tone for his readers for the next 12 months. A graduate of Harvard College and Harvard Business School Flaherty has won four journalism awards and received a special citation. At Forbes, where he wrote and edited for over 20 years before retiring as a senior editor, he wrote 33 cover stories, two shy of the all time record written by one person. Today, his pet target is abusive short-sellers, and he has testified before Congress about their antics. Equities reporting has directly led to several reforms. His next goal, which has eluded him for over two decades, is to see the end of naked short selling. More important to him than past awards and some outstanding negative stories are his hundreds of positive stories on some now famous companies when they were tiny and few if any outsiders believed in them. In March, Flaherty will start his 24th year as editor of Equities. He is also editor of the newsletter Equities Special Situations, which for the last three years has had one of the best records in America according to Hulbert Financial.
About American Mobile Dental Corp.
American Mobile Dental Corp. owns and operates state-of-the-art, mobile dental offices in the Northeast region of the United States. These mobile dental offices are designed to bring quality oral health care to patients that might otherwise find it too difficult, or expensive to seek such services outside their neighborhoods.
The mobile offices will operate primarily in underserved neighborhoods, and near work centers, factories, and industrial parks. Dentists will provide basic dental services including: cleanings, fillings, sealants for children, and orthodontic services. Medicaid eligible and fee for service patients will be able to take advantage of quality dentistry in the neighborhoods where they work and live.
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors.
SOURCE: American Mobile Dental Corp.
American Mobile Dental Corporation
Ted Randolph, 914-835-6004
www.americanmobiledental.com
--------------------------------------------------------------------------------
Copyright (C) 2005 Business Wire. All rights reserved.
News provided by
AMBD News
American Mobile Dental to Appear at Equities Magazine Conference in New York
MAMARONECK, N.Y., Feb 23, 2005 (BUSINESS WIRE) --
American Mobile Dental Corp. (AMBD:PK) will be presenting its corporate strategy at Equity Magazine's quarterly conference being held February 24, 2005 at La Belle Epoque Restaurant, 827 Broadway at 12th St. in NYC. American Mobile Dental will be one of seven participants at the conference which Equities Magazine, the sponsor, anticipates will draw upwards of 200 investors and investment professionals.
Charles D. Randolph, DDS, president and founder of American Mobile Dental Corp., will discuss the outlook for the Company's growth plans and pioneering approach to dental care for the under privileged from 9:00 to 9:30 a.m. and will also speak briefly as a participant in Equities Parade of Presidents which starts at 12:30 p.m. The event will be simultaneously webcast, and can be logged on at the website www.equitiesmagazine.com or, the direct link to the conference, http://www.vcall.com/CEPage.asp?ID=90628.
"Dr. Randolph's commendable socially responsible strategy, to bring dentistry in the form of mobile units to people who cannot travel to dentists themselves, is a wonderful idea and deserves our support, " says Equities Magazine Editor Robert J. Flaherty. "We are very happy to showcase it." Flaherty's award-winning Equities Magazine, a monthly periodical focusing on emerging growth companies, sponsors the Equities Conference.
About Equities Magazine
Award-winning, 53-year-old Equities Magazine applies the investment vision of Sir John Templeton to the emerging, small and middle cap stock market niches. Each year Equities Editor Robert J. Flaherty interviews Sir John and then sets a tone for his readers for the next 12 months. A graduate of Harvard College and Harvard Business School Flaherty has won four journalism awards and received a special citation. At Forbes, where he wrote and edited for over 20 years before retiring as a senior editor, he wrote 33 cover stories, two shy of the all time record written by one person. Today, his pet target is abusive short-sellers, and he has testified before Congress about their antics. Equities reporting has directly led to several reforms. His next goal, which has eluded him for over two decades, is to see the end of naked short selling. More important to him than past awards and some outstanding negative stories are his hundreds of positive stories on some now famous companies when they were tiny and few if any outsiders believed in them. In March, Flaherty will start his 24th year as editor of Equities. He is also editor of the newsletter Equities Special Situations, which for the last three years has had one of the best records in America according to Hulbert Financial.
About American Mobile Dental Corp.
American Mobile Dental Corp. owns and operates state-of-the-art, mobile dental offices in the Northeast region of the United States. These mobile dental offices are designed to bring quality oral health care to patients that might otherwise find it too difficult, or expensive to seek such services outside their neighborhoods.
The mobile offices will operate primarily in underserved neighborhoods, and near work centers, factories, and industrial parks. Dentists will provide basic dental services including: cleanings, fillings, sealants for children, and orthodontic services. Medicaid eligible and fee for service patients will be able to take advantage of quality dentistry in the neighborhoods where they work and live.
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors.
SOURCE: American Mobile Dental Corp.
American Mobile Dental Corporation
Ted Randolph, 914-835-6004
www.americanmobiledental.com
--------------------------------------------------------------------------------
Copyright (C) 2005 Business Wire. All rights reserved.
News provided by
AMBD news looks nice :) IMO
American Mobile Dental to Appear at Equities Magazine Conference in New York
MAMARONECK, N.Y., Feb 23, 2005 (BUSINESS WIRE) --
American Mobile Dental Corp. (AMBD:PK) will be presenting its corporate strategy at Equity Magazine's quarterly conference being held February 24, 2005 at La Belle Epoque Restaurant, 827 Broadway at 12th St. in NYC. American Mobile Dental will be one of seven participants at the conference which Equities Magazine, the sponsor, anticipates will draw upwards of 200 investors and investment professionals.
Charles D. Randolph, DDS, president and founder of American Mobile Dental Corp., will discuss the outlook for the Company's growth plans and pioneering approach to dental care for the under privileged from 9:00 to 9:30 a.m. and will also speak briefly as a participant in Equities Parade of Presidents which starts at 12:30 p.m. The event will be simultaneously webcast, and can be logged on at the website www.equitiesmagazine.com or, the direct link to the conference, http://www.vcall.com/CEPage.asp?ID=90628.
"Dr. Randolph's commendable socially responsible strategy, to bring dentistry in the form of mobile units to people who cannot travel to dentists themselves, is a wonderful idea and deserves our support, " says Equities Magazine Editor Robert J. Flaherty. "We are very happy to showcase it." Flaherty's award-winning Equities Magazine, a monthly periodical focusing on emerging growth companies, sponsors the Equities Conference.
About Equities Magazine
Award-winning, 53-year-old Equities Magazine applies the investment vision of Sir John Templeton to the emerging, small and middle cap stock market niches. Each year Equities Editor Robert J. Flaherty interviews Sir John and then sets a tone for his readers for the next 12 months. A graduate of Harvard College and Harvard Business School Flaherty has won four journalism awards and received a special citation. At Forbes, where he wrote and edited for over 20 years before retiring as a senior editor, he wrote 33 cover stories, two shy of the all time record written by one person. Today, his pet target is abusive short-sellers, and he has testified before Congress about their antics. Equities reporting has directly led to several reforms. His next goal, which has eluded him for over two decades, is to see the end of naked short selling. More important to him than past awards and some outstanding negative stories are his hundreds of positive stories on some now famous companies when they were tiny and few if any outsiders believed in them. In March, Flaherty will start his 24th year as editor of Equities. He is also editor of the newsletter Equities Special Situations, which for the last three years has had one of the best records in America according to Hulbert Financial.
About American Mobile Dental Corp.
American Mobile Dental Corp. owns and operates state-of-the-art, mobile dental offices in the Northeast region of the United States. These mobile dental offices are designed to bring quality oral health care to patients that might otherwise find it too difficult, or expensive to seek such services outside their neighborhoods.
The mobile offices will operate primarily in underserved neighborhoods, and near work centers, factories, and industrial parks. Dentists will provide basic dental services including: cleanings, fillings, sealants for children, and orthodontic services. Medicaid eligible and fee for service patients will be able to take advantage of quality dentistry in the neighborhoods where they work and live.
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors.
SOURCE: American Mobile Dental Corp.
American Mobile Dental Corporation
Ted Randolph, 914-835-6004
www.americanmobiledental.com
--------------------------------------------------------------------------------
Copyright (C) 2005 Business Wire. All rights reserved.
News provided by
CRII getting hit - BREAK OUT soon IMO
CRII - lets RADAR... getting attention at 10D average volume
Thoughts???
CRII up 13% on 50K volume meeting 10D average - BREAK OUT :)
CRII - thoughts?
SPRL on Early Morning Stock Watch
otcstockexchange.com: Early Morning Stock Watch -- SPRL, PTSC, PRRM, BWDI
Rochester, NY, Feb 23, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com`s "Stock Watch Alert" this morning are Strat Petroleum, Ltd. (Pink Sheets: SPRL), Patriot Scientific Corporation (OTCBB: PTSC), Prime Rate Investors, Inc. (Pink Sheets: PRRM), Blue Wireless & Data, Inc. (OTCBB: BWDI).
Sign-up for a FREE trial our award winning newsletter at http://www.otcstockexchange.com !
Strat Petroleum, Ltd. (Pink Sheets: SPRL - http://finance.yahoo.com/q?s=SPRL.PK ) Strat Petroleum, Ltd. has completed an agreement with a Company in Russia called the Industrial Scientific Centre to establish a 50/50 joint venture, and 80% net profit interest to develop a field with significant reserves known as the Ementajevskoje oil site, the license to which is currently owned by the Industrial Scientific Centre. The field has proven reserves of over 11.25 million barrels of crude oil, and probable reserves of over 26.0 million barrels.
Tejas Corporate Partners' geologist and senior management, having reviewed the seismic and other data presented, immediately recommended that Strat's Management sign the joint venture agreement. In addition, an initial review of data on six other fields presented by the Industrial Scientific Center, has led Tejas' team to advise Strat to participate in the tendering process on three of the fields. These other fields are similar and/or larger in scope than the Ementajevskoje oil site, and may also include producing wells.
Three drilling sites have already been identified on the Ementajevskoje oil site which covers over 300 square kilometers, and Strat Management expects drilling to commence in the next 60-90 days. In the interim, a feasibility study will be conducted to confirm total potential reserves of the field, including costs and development plans. Expected investment will range between $2.0 and $2.5 million for 3 wells, which should produce in excess of 500bbls per day per well.
The Orenburg Region is a leading oil and gas producer. Exploration has revealed over 140 oil and gas deposits. Proven reserves of oil exceed 963.1 million barrels, while gas estimates are 28.23 trillion Btu. The region has an estimated 40 to 50 years of commercially exploitable natural gas reserves.
Orenburg currently produces between 63.5 and 64.3 million barrels of crude oil.
Only about 1% of proven reserves have been extracted which not only leaves significant quantities yet to be extracted but large tracts of land still untested.
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at http://www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.
Radar SPRL - on Early Morning Stock Watch
otcstockexchange.com: Early Morning Stock Watch -- SPRL, PTSC, PRRM, BWDI
Rochester, NY, Feb 23, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com`s "Stock Watch Alert" this morning are Strat Petroleum, Ltd. (Pink Sheets: SPRL), Patriot Scientific Corporation (OTCBB: PTSC), Prime Rate Investors, Inc. (Pink Sheets: PRRM), Blue Wireless & Data, Inc. (OTCBB: BWDI).
Sign-up for a FREE trial our award winning newsletter at http://www.otcstockexchange.com !
Strat Petroleum, Ltd. (Pink Sheets: SPRL - http://finance.yahoo.com/q?s=SPRL.PK ) Strat Petroleum, Ltd. has completed an agreement with a Company in Russia called the Industrial Scientific Centre to establish a 50/50 joint venture, and 80% net profit interest to develop a field with significant reserves known as the Ementajevskoje oil site, the license to which is currently owned by the Industrial Scientific Centre. The field has proven reserves of over 11.25 million barrels of crude oil, and probable reserves of over 26.0 million barrels.
Tejas Corporate Partners' geologist and senior management, having reviewed the seismic and other data presented, immediately recommended that Strat's Management sign the joint venture agreement. In addition, an initial review of data on six other fields presented by the Industrial Scientific Center, has led Tejas' team to advise Strat to participate in the tendering process on three of the fields. These other fields are similar and/or larger in scope than the Ementajevskoje oil site, and may also include producing wells.
Three drilling sites have already been identified on the Ementajevskoje oil site which covers over 300 square kilometers, and Strat Management expects drilling to commence in the next 60-90 days. In the interim, a feasibility study will be conducted to confirm total potential reserves of the field, including costs and development plans. Expected investment will range between $2.0 and $2.5 million for 3 wells, which should produce in excess of 500bbls per day per well.
The Orenburg Region is a leading oil and gas producer. Exploration has revealed over 140 oil and gas deposits. Proven reserves of oil exceed 963.1 million barrels, while gas estimates are 28.23 trillion Btu. The region has an estimated 40 to 50 years of commercially exploitable natural gas reserves.
Orenburg currently produces between 63.5 and 64.3 million barrels of crude oil.
Only about 1% of proven reserves have been extracted which not only leaves significant quantities yet to be extracted but large tracts of land still untested.
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at http://www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.
Early Morning Stock Watch for SPRL
otcstockexchange.com: Early Morning Stock Watch -- SPRL, PTSC, PRRM, BWDI
Rochester, NY, Feb 23, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.com`s "Stock Watch Alert" this morning are Strat Petroleum, Ltd. (Pink Sheets: SPRL), Patriot Scientific Corporation (OTCBB: PTSC), Prime Rate Investors, Inc. (Pink Sheets: PRRM), Blue Wireless & Data, Inc. (OTCBB: BWDI).
Sign-up for a FREE trial our award winning newsletter at http://www.otcstockexchange.com !
Strat Petroleum, Ltd. (Pink Sheets: SPRL - http://finance.yahoo.com/q?s=SPRL.PK ) Strat Petroleum, Ltd. has completed an agreement with a Company in Russia called the Industrial Scientific Centre to establish a 50/50 joint venture, and 80% net profit interest to develop a field with significant reserves known as the Ementajevskoje oil site, the license to which is currently owned by the Industrial Scientific Centre. The field has proven reserves of over 11.25 million barrels of crude oil, and probable reserves of over 26.0 million barrels.
Tejas Corporate Partners' geologist and senior management, having reviewed the seismic and other data presented, immediately recommended that Strat's Management sign the joint venture agreement. In addition, an initial review of data on six other fields presented by the Industrial Scientific Center, has led Tejas' team to advise Strat to participate in the tendering process on three of the fields. These other fields are similar and/or larger in scope than the Ementajevskoje oil site, and may also include producing wells.
Three drilling sites have already been identified on the Ementajevskoje oil site which covers over 300 square kilometers, and Strat Management expects drilling to commence in the next 60-90 days. In the interim, a feasibility study will be conducted to confirm total potential reserves of the field, including costs and development plans. Expected investment will range between $2.0 and $2.5 million for 3 wells, which should produce in excess of 500bbls per day per well.
The Orenburg Region is a leading oil and gas producer. Exploration has revealed over 140 oil and gas deposits. Proven reserves of oil exceed 963.1 million barrels, while gas estimates are 28.23 trillion Btu. The region has an estimated 40 to 50 years of commercially exploitable natural gas reserves.
Orenburg currently produces between 63.5 and 64.3 million barrels of crude oil.
Only about 1% of proven reserves have been extracted which not only leaves significant quantities yet to be extracted but large tracts of land still untested.
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at http://www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.
AMBD getting lite volume this morning but all buys - rumor of good things to come on other boards. Good company with strong business plan if you ask me. Current at .065 x .07
AMBD getting lite volume this morning but all buys - rumor of good things to come on other boards. Good company with strong business plan if you ask me. Current at .065 x .07
AMBD getting lite volume this morning but all buys - rumor of good things to come on other boards. Good company with strong business plan if you ask me. Current at .065 x .07