Showing posts with label (OTCBB: GSPG). Show all posts
Showing posts with label (OTCBB: GSPG). Show all posts

Tuesday, April 15, 2008

Turning Pennies into dollars: (OTCBB: YCKM), (OTCBB: VYEY), (OTCBB: PNCKF), (OTCBB: GPXM), (OTCBB: GSPG)



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Yellowcake Mining Inc. (OTCBB: YCKM) 4/14/08 Yellowcake Mining Inc. annonced that it has selected Stewart Brothers Drilling, Milan, New Mexico, to execute the Phase One drilling program at our Uravan-Beck uranium project on the Colorado Plateau. The program consists of completion of over 20,000 feet of rotary drilling at ten sites where significant uranium mineralization is indicated by the presence of close-spaced drill holes which were completed during the 1970s and 1980s. Most drill targets are at shallow depths of less than 150 feet. Drilling will commence following receipt of the proper governmental permits.

For more info: http://vyey.realpennies.com

Victory Energy Corporation (OTCBB: VYEY) 4/14/08 Victory Energy Corporation announced that the Corporation has brought two new wells online in its Canyon Sandstone gas play located in the Texas Permian Basin.

On Friday stimulation work for wells #166-8 and #166-3 was successfully completed. Both wells were frac'd with stimulation jobs designed using computer modeling based upon characteristics for these types of wells. Computer modeling is utilized to provide superior production performance of Canyon Sandstone gas wells. A work-over rig has been moved onto location to begin swabbing back the stimulation fluid that had been pumped into the formation. It is anticipated that the wells will kick off and flow on their own by April 21st. Once the wells have produced back enough of the stimulation fluid where it will not interfere with production testing, the single point production test will be conducted and completed by May 20th.

The drilling contractor is drilling the tenth well for Victory, #166-12. The contractor reports drilling is progressing as expected and the rig should reach total depth to the target zone, the Canyon Sandstone gas zone, by April 30th.

"Our plan upon completion of the tenth well is to prepare to drill a deep well targeting the Strawn Limestone zone. A deep Strawn Limestone gas well will take this particular project to the next level, providing potentially higher levels of returns for the investors and our shareholders," stated Jon Fullenkamp, President of Victory Energy Corporation.

Each Canyon Sandstone gas well in this field will produce approximately 500,000,000 cubic feet of gas for Victory over a 35-year average production life. A 5,000-foot deep Canyon Sandstone well initially tests at an average of 250,000 cubic feet of gas per day. A Strawn Limestone gas zone will produce approximately 1.5 BCF over an average life span of 30 years. The Strawn zone is usually found at 9,000 to 9,800 feet.

For more info: http://pnckf.realpennies.com

Pure Nickel Inc. (OTCBB: PNCKF) 4/10/08 Pure Nickel Inc. (OTCBB: PNCKF) provided an update on results from the first 7 holes of its winter drill program at its William Lake Property located in the southern portion of the Thompson Nickel Belt, Central Manitoba. The property is owned 100% by Pure Nickel Inc.

This winter the program encompassed an integrated exploration project that included diamond drilling and an 1159km VTEM airborne geophysical survey that identified numerous weak to highly conductive zones some of which were drilled.

The surface drill program was completed on April 8th with a total of 7525.59 meters in 15 holes completed on budget. The drilling was completed on five zones within the 15 km William Lake trend. This winters program was testing nickel bearing horizons identified by the historical drilling (see 43-101 William Lake Technical Report). In view of the previous wide spaced drilling (up to 250 meters apart) one of the main objectives of the program was to establish the continuity of the known mineralization to provide confidence to work towards a mineral estimation for a 43-101 compliant resource on one or more sections. Testing for the continuity of mineralization included drilling above, below and on strike of the known zones at 50 to 100 m step outs. In addition, new zones identified by the VTEM survey, as well as previously identified nickel bearing horizons with little previous drilling and/or poor understanding of the mineralization, were also explored.

This release details the assay results from the first 7 holes with an additional 8 holes to follow. Drilling results to date indicate significant nickel mineralization is found in 2 of the 3 zones targeted with results pending on an additional 3 zones.

This program has demonstrated that the William Lake trend is a prolific nickel bearing property with continuity of mineralization.

Additional assay results are pending on 8 holes including 2 holes in one zone that intersected greater than 20 metres of massive sulphides in each. The 2 holes are 75 meters apart in a zone that has historically reported results (see 43-101 William Lake Technical Report) ranging from 1.44% Ni over 0.57 meters to 3.44% Ni over 2.10 meters. These are the thickest massive sulphide intersections encountered in the 2007-08 drill program and assay results are pending.

Additional analyses are to include PGE (platinum group elements) analyses on existing analyzed samples that return greater than 0.5% Ni or Cu because historical analyses on the William Lake trend returned 9.3g/t Pt, 11.0g/t Pd, 2.1g/t Rh, 2.9g/t Ir and 10.4 g/t Ru (U of T results 43-101 William Lake Technical Report) from a composite sample from one of the zones.

Detailed drill results on the first 7 holes are tabulated below. Intersection length provided is meterage measured down hole.

Quality Control:

Aurora Geosciences Ltd. of Yellowknife is the project operator for Pure Nickel. Drill core is logged on site by Aurora's geologist. Core is then cut, one half is retained and stored on site for reference, and one half is sent for analysis. QA/QC programs employ the insertion of blanks and CANMET certified reference material at regular intervals as quality control. Additional standards, blanks and duplicate analyses are also employed by the analytical laboratory.

Core samples are delivered to TSL Laboratories Inc. preparation facility in Saskatoon for crushing and pulverizing. Pulps are geochemically analyzed for nickel, copper, cobalt and sulphur and samples containing over 0.50% copper or nickel are reanalyzed with an assay technique using an aqua regia digestion for both methods. The aqua regia technique generally determines only the soluble sulphide nickel that is present and does not determine the amount of silicate nickel that may be present.

Phillip Mudry, P.Geol. is Chief Exploration Consultant for Pure Nickel Inc. and is the designated Qualified Person (Q.P.) for the William Lake Project. Mr. Mudry is supervising drill hole planning, implementation and quality control/quality assurance programs at the William Lake project for 2008.

About William Lake:

William Lake is one of the principal properties acquired in the Xstrata Canadian Property purchase by Pure Nickel in July, 2007. Since the acquisition, the Pure Nickel exploration team has compiled a considerable amount of historical drill and geophysical data, commissioned the 43-101 Technical Report and commenced drilling on high priority target areas of know mineralization from the extensive dataset provided by Xstrata Nickel. The areas of known mineralization on the William Lake property evidenced by historic drill data extends over a distance of 15 kilometers. William Lake is close to metallurgical processing facilities at Thompson and Flin Flon, Manitoba, is well located adjacent to the major North South all weather highway and is bordered to the east by major regional electrical transmission power lines.

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Golden Phoenix Minerals, Inc. (OTCBB: GPXM) 4/10/08 Golden Phoenix Minerals, Inc. reported that Asia's top producer of molybdenum has said that worldwide prices will remain high due to strong demand around the globe.

Jinduicheng Molybdenum Group Co. executives told Reuters news service that another reason prices will stay high ($33 a lb.) is because output will not increase greatly in the next three years.

"This Shanghai company, which produces seven percent of the world's molybdenum, the silver-white metal used to toughen alloy steel, is proving to us that we're in the right sector at the perfect time," said Robert P. Martin President. "Moly is currently trading on the London Metals Exchange at ten times the price of the year 2000."

Ashdown Project LLC mined 749,852 pounds of concentrates in 2007 and shipped these at an average sale price of $30.30 per pound of contained Mo.

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GoldSpring, Inc. (OTCBB: GSPG) 4/10/08 GoldSpring, Inc. announced positive third-party assay results for exploratory drill holes 2008-08, 2008-09 and 2008-10. These drill holes are a continuation of the definition drilling in and around the Hartford Complex.

Rob Faber, GoldSpring's President, stated, "We are pleased with the results to date. As we receive and interpret additional assay results, we are continuing to define our ore body at the Hartford Complex and drawing closer to completing our 43-101 reserve report. The Hartford Complex represents less than five percent of our total landholdings in the Comstock Lode. We intend to expand our drilling program beyond the Hartford Complex in the second half of 2008. Our goal is to locate bonanza mineralization on our Comstock Lode property."

-- Drill Hole 2008-08 encountered low grade precious metals from the surface to a depth of 60 feet, with precious metals value of 0.012 ounce per ton gold and 0.18 ounces per ton silver. Mineralization was also encountered below the main host rock at a depth of 440'. The values encounter were 15' grading 0.062 ounce per ton gold and 0.14 ounces per ton silver.

-- Drill Hole 2008-09 contained 70 feet (0'-70') grading 0.025 opt gold and 0.34 opt silver. This hole was lost in the ore zone at seventy feet. Drill hole 2008-08 was designed to twin 2008-07 and continue sampling within the main host rock.

-- Drill Hole 2008-10 was drilled adjacent to 2008-07 with the objective of continuing to measure the ore zone contacted in drill hole 2008-07.

Drill hole 2008-10 encountered 30 feet (10'-40') grading 0.034 ounces per ton gold and 0.72 ounces per ton silver, followed by twenty-five feet (55'-80') grading 0.109 ounce per ton gold and 0.75 ounces per ton silver, followed by fifteen feet (210'-225') grading 0.082 ounces per ton gold and 0.08 ounces per ton silver, and ending in forty feet (290'-330') grading 0.091 ounces per ton gold and 0.23 ounces per ton silver. This hole bottomed in ore.

Summary Exploratory Drilling Results Table

The Company's current drilling plan started on Northing 771600. The first ten holes drilled in 2008 are located 200 feet north of the mineralized zone established by the Company's four December 2007 exploratory drill holes. The Company intends to publicly release third-party assayed data on all exploratory drills as results are received. To date, the Company's phase one drilling program results are summarized in the table below.

Drill Hole Intercept Gold Grade Silver Grade
(Date and in Feet (ounces per (ounces per
Number) ton Au) ton Ag)

All of the assays referenced herein and the data derived therefrom have been performed and analyzed by American Assay of Reno, Nevada, a laboratory independent of GoldSpring, utilizing industry standard analytical methods.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Monday, March 3, 2008

(OTCBB: JADG), (OTCBB: TAMO), (OTCBB: GSPG), (OTCBB: ENEI).

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Jade Art Group Inc. (OTCBB: JADG) (March 3, 2008) announced yesterday that Jiangxi SheTai Jade Industrial Co., Ltd. ("JST"), its wholly-owned subsidiary and owner of 90% of the distribution rights for the SheTai Jade mine, one of the largest jade mines in China by reserves, signed a sales agreement for the distribution of raw jade with QiYuSheng ShiBao Jade Company Ltd. ("QYSB").

The agreement commits QYSB to purchase a total of 4,500 tons of raw jade of various qualities from JST for US$14.4 million over the next year. QYSB is responsible for shipping of the raw jade material, as well as any associated costs. Similar to past agreements, JST will receive 30% of the contracted value of each shipment before delivery, with the balance paid upon final inspection and approval by QYSB. JST's performance is subject to risks of delay, stoppage or other production difficulties associated with a third-party supplier of raw jade that are outside its control.

Located in PuTian City, Fujian Province, QYSB is a large local jade supplier that was recently recognized as the "industry base of jade jewelry in China" in 2007. Currently, there are 1,000 jade and jewelry companies in PuTian, creating a strong community committed to the design, production and sale of jade. PuTian's annual jade production is valued at approximately US$2 billion and it is recognized as China's largest distributor and exporter of jade.

Through this agreement, QYSB will be purchasing SheTai Jade. SheTai Jade is sourced through JST's exclusive distribution right agreement with Wulateqianqi XiKai Mining Co., Ltd. ("XiKai"), enabling JST to sell 90% of the raw jade material produced from XiKai's SheTai Jade mine for the next 50 years. The SheTai Jade mine's reserves are unique, in that they include some of the oldest (formed approximately 1.8 billion - 2.4 billion years ago) jade ore found in China and are considered to be of the highest quality in terms of rigidity and relative size of its pieces. SheTai Jade is as hard as quartz, with a degree of hardness between 7.1 and 7.3 on the Mohs scale, which is much higher than that of most jade. In addition, SheTai Jade is abrasion resistant, smooth and highly reflective. The green is pure and the gems are translucent, with a glassy luster. Due to its characteristics, SheTai Jade has a broad spectrum of applications. It can be used in commercial construction, decorative jade artwork, as well as intricately carved jade jewelry.

Hua-Cai Song, CEO of Jade Art Group, remarked, "Jade Art Group has developed quickly over the past several months. Our distribution right agreement with XiKai provides us with a stable and long-term supply of jade from one of the largest jade reserves in China. Jade Art Group's five sales agreements to-date represent expected future sales of US$37.5 million. By signing this sale agreement with QYSB, we have expanded our sales network to include PuTian city. We plan to develop this relationship in the future by supplying enough jade material to satisfy the region's large jade processing needs."

About Jade Art Group Inc.

Jade Art Group Inc., with the formation of Jiangxi SheTai Jade Industrial Co., Ltd., its wholly-owned subsidiary, is focusing its business-model on the distribution of raw jade sourced from the SheTai Jade mine in China. This mine has one of the largest jade reserves in China and is owned by XiKai, with which Jade Art Group signed an agreement to acquire exclusive distribution rights to sell 90% of the SheTai Jade produced from the mine for the next 50 years. Several national jade experts have noted the perceived superiority of SheTai Jade as compared to the other existing varieties of Chinese jade.

For more info: http://tamo.realpennies.com

Tamm Oil and Gas Corp. (OTCBB: TAMO) (February 28, 2008) is pleased to announce the Company has acquired 100% ownership of 21 contiguous sections of land totaling 13,440 acres in the Peace River Oil Sands Area of NW Alberta. The company acquired 100% working interest in mineral rights on these lands which are prospective for heavy oil in the Debolt, Elkton and other formations.

These Manning Area properties were acquired by Tamm Oil and Gas at a land sale in December 2007. Initial internal analysis indicates that these sections should hold prospective for significant amounts of heavy oil in the Debolt, Elkton and other zones.

"This is another major leap forward for Tamm. Our team has proven that it is very adept at locating and securing some of the most promising oil sands properties available. Over the last few months, we have managed to acquire direct and indirect ownership in 90 sections of leases and licenses. With oil prices hitting new record highs on a consistent basis, we have quickly positioned Tamm to potentially be a major player in the Canadian Oil Sands supply chain for years to come," says Wiktor Musial, President of Tamm Oil and Gas.

The addition if the Manning Area Sections further enhances Tamm Oil and Gas' position as a major up and coming player in Alberta's exploding oil sands boom. The company's consulting geologist believe that these properties have the potential to hold as much as 1.2 billion original barrels of oil in place between the various zones with the majority in two specific zones.

These estimates do not include any potential oil reserves with in the Bluesky formation, which the company intends to evaluate in the future.

"We plan on taking immediate steps to acquire all of the data necessary to begin exploring our new Manning Area properties. We are already working to acquire trade data seismic for the adjoining properties in an effort to analyze them for potential later acquisitions as well as to optimize our planned drilling/coring program. Our current plans call for a three to five well coring program with an additional 20 to 30 kilometer seismic program to supplement that coring data over the winter season of 2008-2009 to quantify the potential resource," adds Musial.

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GoldSpring, Inc. (OTCBB: GSPG ) (February 28th, 2008) announced that it has received positive, third-party assay data for the two exploratory holes drilled during January 2008 in the Hartford Complex in the Comstock Lode District of Nevada.

In holes 2008-01 and 2008-02 the assay data shows ore grades much higher than those previously encountered by the Company, and a solid progression from the assay data issued in January 2008 on the first four exploratory drills.

Jim Golden, GoldSpring's chief operating officer stated, "We are delighted with the results of the fifth and sixth exploratory holes, as they contain a higher grade of both gold and silver than what was previously discovered in the first four holes of this program. We are particularly excited that the grades of silver per ton are growing very significantly."

Golden continued, "The holes drilled in January 2008 demonstrate healthy silver and gold mineralization continuing 200 feet north of the initial four holes we drilled in December 2007, and 200 feet toward the south. It is important to emphasize that the grades GoldSpring is encountering in the current drilling program are much higher quality than the grades previously mined, and are progressively improving."

Rob Faber, GoldSpring president and chief executive officer said, "The data from American Assay provide a strong indication of additional mineralization in the Hartford Complex. Based on the strong results, a second reverse circulation drill is now on site to accelerate the drilling program. The second drill will be used to further delineate the ore body as it trends toward the north, while the first drill will continue to expand and delineate the size of the ore body in the south. We are further encouraged that the size of the ore body appears to be expanding. The phase one drilling program is bringing the Company an important step closer to our scheduled resumption of mining the Hartford Complex in the summer of 2008."

Overall, the GoldSpring team is pleased with the results of the first six holes in the phase one drilling program. The Company believes these results should continue and intends to release additional independent data from the phase one drill holes as they are assayed.

Exploratory Drilling Results Table The Company's current drilling plan is located on Northing 771600. The first two holes of 2008 are located 100 feet and 200 feet north of the mineralized zone established by the Company's four December 2007 exploratory drill holes. Assayed data received to date for the Company's phase one drilling program are highlighted in the table.

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Ener1, Inc. (OTCBB: ENEI) (March 3, 2008), the automotive lithium-ion battery subsidiary of alternative energy company Ener1, Inc., announced yesterday that it will appear on the exhibition platform of Think Global at the 78th International Motor Show in Geneva. EnerDel CEO Ulrik Grape will join the Norwegian electric auto manufacturer during the event's media preview days March 4-6 at booth 6410 to discuss EnerDel's lithium-ion battery system under development for the Think City electric vehicle.

The Motor Show will take place through March 16 at the Geneva Palexpo. It will include approximately 130 worldwide and European premiers from a broad range of industry sectors. Industry exhibitors include General Motors, Honda, Suzuki, and Toyota. About 1,000 brands from more than thirty countries will be presented by 260 exhibitors in the 77,550-sq.-mt. exhibition space. The conference is organized by Comite permanent du Salon international de l'automobile a Geneve. Additional information can be found at http://www.salon-auto.ch.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Monday, January 28, 2008

(Pink Sheets: CJGH), (OTCBB: GSPG), (Pink Sheets: TCLT), (Pink Sheets: GSML).

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China Jiangsu Golden Horse Steel Ball, Inc. (Pink Sheets: CJGH) (January 28, 2008) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, wishes to announce that it has received its European listing on the Frankfurt Stock Exchange with the ticket symbol of "4J3." The approval of the European listing on the Frankfurt Stock Exchange is an important move in order to broaden the Company's shareholder base and increase exposure to worldwide capital markets, and it is part of Golden Horse's international strategy.

The Frankfurt Stock Exchange is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It ranks third in the world behind NYSE and NASDAQ. It is owned and operated by Deutsche Borse, which also owns the European futures exchange Eurex and clearing company Clearstream. For more information on Frankfurt Stock Exchange please visit www.exchange.de.

Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.

For more info: http://gspg.realpennies.com

GoldSpring, Inc. (OTCBB: GSPG) (January 28, 2008) announced recently that early assay results from Stage One drilling at the Company's Comstock Lode Project are encouraging. The assays are being conducted by American Labs, an independent testing firm. The Company expects to receive a complete report from the lab within the next four business days. GoldSpring intends to release the results of the assays after the completed report had been received and reviewed.

For more info: http://tclt.realpennies.com

Techalt, Inc. (Pink Sheets: TCLT) (January 28, 2008) announced recently that its merger partner, EV Parts, Inc. ("EV Parts"), a leading online supplier of electric vehicle parts and components, has highlighted its global expansion and new product rollout plans.

EV Parts' President, Roderick Wilde, stated, "We have been working on many deals for new products and have some inventions that we plan to roll out. We will also be designing a new line of signature products for on road electric vehicles, electric scooters and electric assist bicycles. Future plans include electric conversion kits for British Land Rovers for Safari adventures in Africa as well as a new AC drive conversion kit to turn a Golf TDI into a Plug-In Biofuel Electric Hybrid."

EV Parts will soon be featured on the new Discovery Channel "Mean Green Machines". The broadcasting schedule will be announced shortly.

For more info: http://gsml.realpennies.com

G & S Minerals, Inc. (Pink Sheets: GSML) (January 28, 2008) and Mayan Gold, Inc. ("Mayan") announced that they had reached an agreement in principle among G & S Minerals, Mayan and Mayan's Honduran subsidiary Compania Minera Cerros del Sur, S.A. ("Minera") providing for the exchange of G & S Minerals common stock and warrants for Minera's El Transito mining concession, consisting of approximately 423 hectares located in Honduras near Minera's existing producing gold fields. Under the agreement, G & S Minerals would initially issue Minera an approximate 30% stake in G & S Minerals for a 100% interest in the El Transito concession. Initial studies indicate a minimum of 100,000 ounces of proven gold reserves at the El Transito property.

Under the agreement in principle the parties will promptly commission a mineral resource evaluation, commonly known as a National Instrument 43-101 study, and a feasibility study for the exploitation of the El Transito property. The agreement also contemplates further cross-investment by G & S Minerals of up to 19% in Mayan from the proceeds of the warrants to be issued to Minera in the transaction and Mayan also would grant to G & S Minerals the right to acquire up to 51% of Minera. Concurrently with and dependent upon the parties' cross investment, G & S Minerals would dividend or distribute to its existing shareholders warrants or rights to acquire a like number of shares G & S Minerals common stock as the warrants to be issued in the transaction to Minera. The exact share and warrant numbers and exercise prices of the warrants are subject to further agreement among the parties during an agreed 30-day due diligence period. As such, the parties cannot presently calculate the actual number of shares of common stock or warrants that may be issued under the agreement.

Consummation of the transaction is subject to a number of conditions, including the satisfactory completion of each parties' due diligence investigation over an agreed 30-day period and the respective parties' requisite board and shareholder approvals. The parties anticipate entering into a definitive agreement by the end of February 2008, with a closing to occur as promptly thereafter as practicable. Though the parties have agreed to negotiate in good faith to the definitive agreement and conclude the transaction consistent with the agreement in principle, because the transaction remains subject to a number of conditions and the negotiation of final necessary terms, there can be no assurance of exactly when or whether the transaction will close.

Mayan Gold CEO Mark Zobrist commented, "We're pleased to be working with G & S Minerals as part of their aggressive international acquisition strategy. As a production-level gold company with an audited financial history and on-site geological lab, we believe we offer G & S significant capabilities to reduce their production costs for their existing projects as well as the pending acquisition of our El Transito concession. Mayan Gold is committed to forging strong alliances with the intention of creating world-class mining operations to better serve the interests of our shareholders and partners, and we look forward to working closely with G & S in Honduras and throughout the world."

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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(OTCBB: GSPG), (Pink Sheets: WNBD), (Pink Sheets: WSDT), (OTCBB: SCEY).

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GoldSpring, Inc. (OTCBB: GSPG) (January 28, 2008) announced recently that early assay results from Stage One drilling at the Company's Comstock Lode Project are encouraging. The assays are being conducted by American Labs, an independent testing firm. The Company expects to receive a complete report from the lab within the next four business days. GoldSpring intends to release the results of the assays after the completed report had been received and reviewed.

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Winning Brands Corporation (Pink Sheets: WNBD) (January 28th, 2008) reports that it has received U.S. distributor purchase orders for all three of its key 2008 roll-out product groups: CLEAN1(TM) Outdoor Cleaner, KIND(TM) Laundry Products and Winning Colours Stain Remover at the close of the 2008 Val-Test Annual Buying Show in Naples, Florida. Industry watchers were not expecting that CLEAN1(TM) Outdoor Cleaner would be in the mix, however Winning Brands decided at the last moment to introduce the new eco-oriented outdoor/indoor cleaner informally ahead of schedule in the U.S. to gain a first impression from the market here.

The situation of Val-Test member Pearson Distributing of Minneapolis, Minnesota captures the spirit of the response to Winning Brands products by attending distributors. Pearson Distributing was amongst those who placed opening orders and included CLEAN1(TM) with their orders for KIND(TM) Laundry Products and Winning Colours Stain Remover. "We are very excited about our new partnership with Winning Brands," says Tom Coppo, Vice-President of Pearson. "Each year you hope to be introduced to a product or company that will excite the marketplace. Winning Brands is that company for Pearson Distributing in 2008. I think all these environmentally oriented products have real potential to succeed for my customers because they fit together well.

Winning Brands Snr. V.P. Lorne Kelly was in charge of the company's presence at the Val-Test Buying Show. He summarizes: "I'd rather not detail the order volumes and identity of every distributor at this moment because they deserve confidentiality as they prepare to implement their own business plans. From Winning Brands' perspective however, the show total has put us well on the way to realize our goals for 2008 through operational phases that have already been disclosed." Winning Colours will be featured on the new Pearson website under development, to be launched February 1, 2008.

For more info: http://wsdt.realpennies.com

WisdomTree Investments, Inc. (Pink Sheets: WSDT) (January 25, 2008) announced the Company is to partner with The Dreyfus Corporation, a subsidiary of BNY Mellon Asset Management, on International Cash and Fixed Income ETF products. The products will be part of the WisdomTree Trust and will be co-branded and marketed by both organizations. Dreyfus will act as subadvisor to the Trust.

"BNY Mellon Asset Management comprises asset management companies with individual, proprietary investment expertise, and this unique combination of talent fosters the development of innovative investment products," said BNY Mellon Asset Management CEO Ron O'Hanley. "The creation of new ETFs complements what BNY Mellon Asset Management does already." BNY Quantitative Equity Management Group already subadvises for WisdomTree, among others. "BNY Mellon Asset Management's ability to distribute new ETFs in the marketplace extends our capabilities to new products that are becoming increasingly important in the retail and intermediary business," O'Hanley continued.

"Dreyfus is excited to be entering the ETF business as it is an increasingly vibrant segment of asset management," said Phil Maisano, Chief Investment Strategist of BNY Mellon Asset Management and Chief Investment Officer of Dreyfus. "The strategic venture between Dreyfus and WisdomTree creates a formidable player as both companies bring their respective expertise to the venture."

"WisdomTree is very excited to partner with BNY Mellon Asset Management as we venture into new asset classes," said WisdomTree CEO Jonathan Steinberg. "We believe there is significant opportunity for ETFs to provide exposure to cash products around the world. Despite U.S. cash being a $3 trillion market segment, today's U.S. investor is surprisingly limited in their ability to easily hold cash in non-U.S. cash investments. We are pleased to work with a widely recognized asset management industry leader in BNY Mellon Asset Management."

Through its asset servicing business, The Bank of New York Mellon will provide full fund accounting and administration services for the new ETFs.

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Sun Cal Energy Inc. (OTCBB: SCEY) ( January 28, 2008), an energy exploration company focused in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of Louisiana and the Green River Basin of Wyoming is pleased to announce that it has been advised by the operator of the Cunningham 1-02 well on the Hobart Prospect in Washita County, Oklahoma that the daily gas flow rates from the Cunningham 1-02 well are in excess of 12 million cubic feet a day.

These results build on the successful drilling and commercial results of the first deep development well, Sturgeon 1-11, also drilled by the same operator and located within the Hobart Prospect. Together, these two wells represent the commercial success of the Hobart Prospect.

Commenting on these developments, Lewis Dillman, President and Chief Executive Officer of Sun Cal Energy Inc. stated: "We are excited that a second deep development well has reached production and commercial validation. The successful drilling and production of these wells suggest that the prospect could attract additional interest and thus drilling activity by major operators. This in turn could provide greater cash flows and upside potential to our shareholders."

Recently, Range Resources applied before the Corporation Commission of the State of Oklahoma to seek a third scheduled well within the Hobart Prospect.

Sun Cal Energy Inc. owns a 1.5% gross overriding royalty interest in the 1211 acre Hobart prospect strategically located in the Anadarko Basin and part of the Springer Morrow play - the largest such play in the State and Mid-Continent. Key players running rigs in the immediate area include Marathon Oil, Chesapeake Energy, and Range Resources.

"The successful drilling and production of a second deep development well represents another key milestone as we continue to seek cash flow and production," stated Lewis Dillman. "Sun Cal will continue to focus on developing its assets, and seeking opportunities to partner with major industry leaders to maximize value to our shareholders."

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Thursday, December 20, 2007

Turning Pennies into dollars: (OTCBB: NVLT), (Pink Sheets: TMDI), (OTCBB: GSPG), (Pink Sheets: DLII).



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Novelos Therapeutics, Inc. (OTCBB: NVLT) (December 19, 2007, 4:00pm ET) Novelos Therapeutics, Inc., a biopharmaceutical company focused on the development of therapeutics to treat cancer and hepatitis, today announced that Novelos signed an exclusive license agreement with Lee's Pharmaceutical (HK) Ltd (which is 30% owned by Sigma-Tau Group through Defiante Farmaceutica Lda) to develop and commercialize in China, including Hong Kong and Macau, as well as in Taiwan, two of Novelos' compounds: NOV-002 for cancer and NOV-205 for hepatitis. NOV-002 is Novelos' lead compound in pivotal Phase 3 trial for non-small cell lung cancer under a Special Protocol Assessment (SPA) and Fast Track.

Lee's Pharmaceutical ("Lee's Pharm") will be responsible for the cost of all clinical development, regulatory submissions and commercialization of NOV-002 and NOV-205 in China. In addition to upfront and milestone payments, Novelos will receive 20-25% royalties from Lee's Pharm on net sales of NOV-002 and 12-15% royalties on net sales of NOV-205.

"I am very pleased to be collaborating with Lee's Pharm, a vibrant public company that has a proven track record of developmental and commercialization expertise in China," said Harry Palmin, President and CEO of Novelos. "The significant royalties allow Novelos greater participation in China's rapidly growing marketplace, particularly in critical disease areas of cancer and hepatitis. This deal also marks the commencement of Novelos' ex-US partnering initiative."

"We are excited about the opportunity to work with Novelos on its two exciting compounds NOV-002 and NOV-205," said Dr. Benjamin Li, CEO of Lee's Pharm. "With over 1.7 million people being diagnosed with cancer each year and over 120 million people being infected with hepatitis B virus, both cancer and hepatitis B are major health problems facing China today. Better treatment options are badly needed in those areas and the market potential for innovative and effective treatment will be enormous."

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Telemedicus, Inc. (Pink Sheets: TMDI) (December 19, 2007, 8:00am ET) Telemedicus, Inc. will begin final testing of its technology for fixed/remote and ambulance based systems in anticipation of market launch in early 2008.

"This is a big milestone for the company as we commercialize this exciting technology. We have completed the base model and unit configurations, and we can now add peripherals to the base system for customers who want more features. Because the systems are modular, Telemedicus can launch multiple platforms and support them in the field," said Thomas Cloud, CEO of Telemedicus.

Telemedicus' Disaster Relief and Emergency Medical Services DREAMS technology turns practically any ambulance or medical transportation vehicle into a mobile trauma center. The doctor is able to provide treatment immediately through the medical technician because the doctor can see the patient and diagnostic data through the Telemedicus system.

The design and development of the next generation of this life saving technology will be completed by Texas A&M, the original developers of the DREAMS technology. The next generation of medical technology is coming to your neighborhood where a patient will be treated through the Telemedicus DREAMS technology.

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GoldSpring, Inc. (OTCBB: GSPG) ( December 19, 2007, 2:52pm ET) GoldSpring, Inc. announced that it has entered into an agreement with Orbit Garant Drilling, Inc., one of the largest drilling companies in North America, to perform exploration and developmental drilling at its Comstock Lode Project. The drill rig and crew are scheduled to arrive today, and the Company expects drilling to commence this week.

GoldSpring's COO, James Golden, said, "During the past several months we have been studying the geological data of the Comstock District and delineating ore bodies to determine the most advantageous drilling strategy. The results of our study allowed us to develop a drilling program which is anticipated to increase our mineral reserves and provide the necessary data to complete our mine plan and reserve report for the Hartford Complex. Our Phase 1 Drilling program is the next step in our preparatory plan for mining operation resumption in 2008."

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Dixie Lee International Industries, Inc. (Pink Sheets: DLII) Dixie Lee International Industries, Inc., parent company of the 40 year old "Dixie Lee" brand name, with more than 80 franchised restaurants open, announced today that it will soon offer a line of healthy pasta dishes to complement its current line of salads.

The six pasta product lines have been developed in such a way that the speed of service will not be compromised. Dave Silvester, Executive Vice President, stated, "The added line up will give our consumers an additional choice of healthier products and will complement the current salad lines that we offer in all Dixie Lee Chicken Restaurants currently."

The lines to be added include Chicken Alfredo with (low calorie) cream sauce, Lasagna Florentine with Spinach, Chicken Parmesan and Spaghetti with Meatballs. "And with cold weather settling in, our folks will appreciate these 'hot' new entrees," said Silvester. "We've been monitoring the growth in popularity of Italian (pasta) dishes for some time, and now's the right time for Dixie Lee to dish it up."

This new lineup will be backed up with a custom mail out campaign, supported with in-house Point of Sale (POS) materials.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html

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Tuesday, December 11, 2007

RealPennies Hot Picks

RealPennies.com: Turning Pennies into dollars: (OTCBB: RYPE), (OTCBB: ARRT), (NYSE: GE), (OTCBB: GSPG), (NASDAQ: CSCO), (Nasdaq: SIRI).

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ROYALITE PETROLEUM COMPANY INC. (OTCBB: RYPE) (December 12, 2007) is an oil and gas exploration company exploring the newly discovered Central Utah Hingeline. The Company has approximately 70,000 acres under lease in five counties along the trend in which the giant Covenant Field was discovered in December, 2003.

Royalite has conducted geophysical surveys in the Central Utah Overthrust over the past two years which included surveys of the giant Covenant Oil field and a five county area surrounding the field. The Company has acquired and utilized geological data, including seismic, gravity, magnetic, electromagnetic and geochemical surveys, to identify prospective areas and secure oil and gas leases along this new and evolving productive Hingeline trend.

Royalite is currently negotiating to acquire additional acreage along the Central Utah Hingeline and to expand its core area to include another prolific and recently discovered productive area located in the northwest portion of the Utah Paradox Basin. Royalite has assembled a well balanced team of experts with extensive experience in all aspects of the oil and gas industry including technical, drilling, production, legal and financial.

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AmeriResource Technologies, Inc. (OTCBB: ARRT)(December 12, 2007) a diversified holding company, announced it has completed its one-for-fifty reverse stock split and that its stock is now trading under the symbol ARRT. "This new capital structure and new stock symbol marks a new era for AmeriResource. Having recently announced a 308% revenue increase for the third quarter ended September 30, 2007, the Company has experienced strong revenue growth that called for some changes," noted Delmar Janovec, CEO of AmeriResource.

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General Electric Company (NYSE: GE)(December 12, 2007) announced today that its business unit GE Healthcare, a provider of transformational medical technologies and Novavax Inc (Nasdaq: NVAX), a clinical stage vaccine company, announced on Monday (10 December) that they have entered into a collaboration agreement to develop and market a pandemic influenza vaccine manufacturing solution for selected international countries.

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GoldSpring, Inc. (OTCBB: GSPG)(December 12, 2007) announced yesterday that the litigation with N.A. Degerstrom has been settled. The lawsuit originated out of a dispute as to how much the Company owed Degerstrom for services provided. Pursuant to a December 27, 2005 agreement, the parties agreed that the amount to be paid by the Company to Degerstrom would be subject to volume reconciliation by aerial survey.

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Cisco (NASDAQ: CSCO)(December 12, 2007) announced yesterday that Jayshree Ullal, senior vice president, data center, switching and services group, will give a keynote presentation at the Sanford C. Bernstein Virtualization and the Data Center Investor Symposium on Thursday, December 13, 2007, at 11:45 a.m. PST/2:45 p.m. EST. Interested parties can view this event on Cisco's Web site at http://www.cisco.com/go/investors.

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SIRIUS Satellite Radio (Nasdaq: SIRI)(December 12, 2007) even on shares announced yesterday it will continue hosting Radio personality Bubba the Love Sponge(R) and has renewed his contract with his uncensored afternoon talk show on channel Howard 101. The Bubba the Love Sponge Show features several co-hosts and is regularly visited by stars from the worlds of sports, comedy, and music. It is broadcast live Monday through Friday from 3:00 pm to 7:00 pm ET on Howard 101 from Bubba's studio in Tampa, Florida.

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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on
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