Hot Stock to Watch -- GYGC! June 12, 2008
Market Wire, June, 2008
Stock Market Alert's performance stock list includes: Guyana Gold Corp. (PINKSHEETS: GYGC), Exxon Mobil Corporation (NYSE: XOM), Potash Corporation of Saskatchewan Inc. (NYSE: POT) and The Mosaic Company (NYSE: MOS).
Guyana Gold Corp. (PINKSHEETS: GYGC) continues its string of positive news, and the company should have the attention of investors. Early this morning, the company, a junior mineral exploration company, issued a press release announcing that it has received a joint venture proposal to develop the Port Kaituma Gold Project.
Great News for GYGC! The proposal would expand the company's land position and increase the scale of the Port Kaituma project. Guyana Gold Corp. had received a number of joint processing proposals and has now expanded those proposals to include ownership in the Port Kaituma project. Guyana Gold Corp.'s plans are to build a modern processing facility at Port Kaituma with far greater recovery rates of gold. The new joint ownership presents an excellent opportunity for Guyana Gold Corp. to increase revenue, expand mine life and accelerate the capital recovery costs of modernizing the Port Kaituma mine.
Eduard Aronov, President of Guyana Gold Corp., stated, "The Port Kaituma projects may realize many potential synergies leading to accelerated development of deposits on the joint venture property. The potential Joint Venture partner is preparing a geological information package and Guyana Gold Corp. will report updates as they become available."
The Port Kaituma property is located in the administrative region in Guyana. The main mineral interests in Guyana are gold, diamond and bauxite and, recently, semi-precious stones. According to the release, the property is currently producing 100 ounces of gold per month and recently announced the purchase of additional equipment to increase its production to about 250 ounces per month.
Before the news was released, GYGC closed Wednesday at Forty Two cents a share.
For Stock Market Alerts' in-depth profile of Guyana Gold, visit http://www.wallstreetenews.com/HotStocks/GYGC061108/default.aspx .
Other Stocks of interest yesterday were:
Exxon Mobil Corporation (NYSE: XOM) up 0.8% on 24 million shares traded.
Exxon Mobil Corporation engages in the exploration, production, transportation and sale of crude oil and natural gas.
Potash Corporation of Saskatchewan Inc. (NYSE: POT) up 1.1% on 14.9 million shares traded.
Potash Corporation of Saskatchewan Inc. is the world's largest fertilizer enterprise producing the three primary plant nutrients and a leading supplier to three distinct market categories: agriculture, with the largest capacity in the world in potash, second largest in nitrogen and third largest in phosphate; animal nutrition, with the world's largest capacity in phosphate feed ingredients; and industrial chemicals, as the largest global producer of industrial nitrogen products and the world's largest capacity for production of purified industrial phosphoric acid.
The Mosaic Company (NYSE: MOS) up 3.9% on 12.1 million shares traded.
The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphates and potash fertilizers and feed ingredients for the global agriculture industry.
The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company has not received compensation for services performed for Guyana Gold Corp. (PINKSHEETS: GYGC). However, the company maintains a contractual working relationship with Wall Street Capital Funding (WSCF) which has been compensated Four Hundred Thousand shares of Guyana Gold Corp, by a third party (Nikolas Capital Inc.), who is non-affiliated and may hold a significant position in the stock. WSCF holds Three Hundred and Fifty Three Thousand, Nine Hundred and Fifty Six of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF was also previously compensated in 2008, Ten Thousand Dollars for services performed for Guyana Gold Corp. (PINKSHEETS: GYGC), by a separate third party, who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. Because compensation was received, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions




