GPGD and IMTD are a couple of no brainers...
They both just put out great news...GPGD put out news on monday talking about they signed a letter of intent with Innovative Mining Technologies Inc. This will be a cleaner way to extract gold in an environmentally safe and nontoxic process..The floats pretty low, but the volume is pretty low as well. If you look at it, you should see this thing could move on air..Should see 2 cents pretty soon. IMTD is trading well..Huge volume comming through.
Grand Pacaraima Gold Corp. Announces Signing of Letter of Intent
Monday March 10, 9:00 am ET
LONDON--(MARKET WIRE)--Mar 10, 2008 -- GRAND PACARAIMA GOLD CORP. (Other OTC:GPGD.PK - News), a London, U.K.-based development stage gold mining company, announced today that the company has signed a letter of intent with Innovative Mining Technologies, Inc. (IMT), a privately held mining company, to commercialize a proprietary, and environmentally safe innovative gold extraction technology. For over a century, highly toxic cyanide has been used in the mining industry to dissolve and extract microscopic particles of gold and other precious metals from gold-bearing ores. IMT proprietary technology was found to be very effective for a variety of ores and concentrates and is extremely efficient in extracting micro-fine gold, a major component in placer deposits. IMT's revolutionary advantages include its ability to extract gold in an environmentally safe and nontoxic process. The IMT Process also results in faster and very cost effective processing and a higher yield in gold recovery when compared with cyanide or other toxic chemical extraction methods.
In accordance with the letter of intent, the agreement between GPGD and IMT will be consummated upon fulfillment of financial due diligence and conditions, currently under negotiation, by both companies.
About Grand Pacaraima Gold Corp.
Grand Pacaraima Gold Corporation currently holds the concession for four gold mines in Venezuela : Cerro Trompa, San Miguel, Mosquito and Zapata mines. Metallurgica de Mineras S.A. has previously sampled and assayed these four mines and has determined that there are recoverable gold reserves of 3.6 million ounces and indicated reserves of 5 million ounces. In addition, through an 80%-owned subsidiary, Grand Pacaraima owns oil and gas wells in a 640 acre Oklahoma oil and natural gas field.
ImagiTrend, Inc. Looks to Expand Revenue Base by Entering Into Multi-Billion Dollar Online Gaming Industry
Wednesday March 12, 11:08 am ET
LONGWOOD, Fla., March 12, 2008 (PRIME NEWSWIRE) -- ImagiTrend, Inc. (Other OTC:IMTD.PK - News) announced today that the Company is actively seeking acquisition candidates in the field of online gaming for the purpose of expanding its revenue base and enhancing growth opportunities to increase shareholder value. It is estimated that the growth for the online gaming industry will hit $48 billion by 2010 and top $125 billion by 2015. A suitable candidate would be one with viable growth potential and a strong management team in place.ImagiTrend is targeting companies engaged in several segments of the online gaming industry, including sports, online casinos and poker. The Company envisions this situation as an excellent opportunity to capitalize on one of the fastest growing businesses on the Internet.
``In order to expand the Company's revenue base, and as a strategic growth plan, we are seeking companies that are involved in the development of online gaming software. The Company will eventually change its name and symbol to more accurately reflect any new business acquisition,'' stated Mark Kaley, Chairman of the Board,