Business Services Industry
Gemini Explorations Inc. Reiterated 'Speculative Buy' Rating, Target Price $1.23 by Beacon Equity Research
Business Wire, Sept 18, 2008
DALLAS -- Gemini Explorations Inc. (OTCBB: GXPI) has received a reiterated Speculative Buy rating with a price target of $1.23 by Beacon Analyst, Victor Sula, Ph.D.
The full report is available at http://www.beaconequity.com/adpages/GXPI
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In the report, the analyst writes, "Encouraging results from the Company's Summer 2008 exploration program, and the enormous reserve potential associated with both the La Tapata and La Planada projects, suggest to us that Gemini Exploration has a better-than-average likelihood of producing meaningful revenues and profits. We think that Gemini Exploration is significantly undervalued at current price levels and are reiterating our Speculative Buy rating and $1.23 price target."
Other companies in the mining sector include: Barrick Gold Corp. (NYSE: ABX), Newmont Mining Corp. (NYSE: NEM), AngloGold Ashanti Ltd. (NYSE: AU) and Gold Fields Ltd. (NYSE: GFI).
Beacon Equity Research Disclosure
The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a wholly owned entity of BlueWave Advisors, LLC, which has previously been compensated fifty thousand dollars from Caroline Industries and six thousand five hundred dollars from Equity Alliance, a shareholder of GXPI, as well as three thousand five hundred dollars directly from GXPI, as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Web site, BeaconEquity.com, for complete disclosures.
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