Hemisphere Gold Inc. (OTC: HPGI) – Thursday’s shares closed down 0.64% to $1.55. 41,012 shares were traded. Hemisphere Gold Inc. announced on April 11th the airborne geophysical survey contracted to Terraquest has been recently completed and initial images received. The survey consisted of magnetic and radiometric readings that are processed to highlight features that relate to geology and structure that can be related to controls on gold mineralization. The data are of excellent quality and highlight details that will be integrated into the field program and data interpretation to assist in targeting gold mineralization. The geophysical survey data are not a direction indication of gold mineralization but define rock units, intrusive rocks, structures (faults), and alteration (potassium or magnetite destruction) that may be related to gold mineralization.
Hemisphere Gold Inc. is in the business of exploration and acquisition of gold properties in some of the world’s best gold districts. The Company’s objective is to take advantage of high-yielding untapped mineral producing properties through exploration and acquisition. The Company’s flagship property is in Suriname, a democratic country which has had mining operations since the 1700’s. Suriname is an emerging major gold producer with international companies showing interest. Hemisphere is committed to maintaining environmental stewardship, occupational safety and corporate responsibility.
General Metals Corporation (OTCBB: GNLM)
General Metals Corporation (OTCBB: GNLM) – Thursday’s shares closed down 3.70% to $0.13. The volume was 90,900. General Metals Corporation announced on April 12th that it accepted an invitation to be one of 8 presenting Companies at the Equities Mining Day Conference, held on April 24, 2007, at the Yale Club in New York, NY. The Mining Ministers of Mexico and Canada will be in attendance, as well as notable guest speakers that will address an audience of targeted institutional and private investors. The Conference is being sponsored and hosted by Equities Magazine, which since 1951 has been the leading proponent of undiscovered small-cap companies. General Metals presented at the Trans Atlantic Conference on September 15, 2006, at The American Stock Exchange in NY, which was also hosted and sponsored by Equities Magazine.
General Metals Corporation is a junior mineral resource exploration company engaged in the acquisition, mining and exploration of gold, silver and other precious metal properties. It controls 100% of the Wilson-Independence mine, which sits as an island in Newmont Mining Corporation’s Phoenix mine in Battle Mountain- Cortez gold belt of Northern, Nevada. The Phoenix mine property has 8.5 million ounces of gold and 660 million pounds of copper in reserves. Newmont is currently spending in excess of $3.0 billion to develop this mine into the largest operating gold mine in the United States.
KAL Energy Inc. (OTCBB: KALG)
KAL Energy Inc. (OTCBB: KALG) – Thursday’s shares went up 2.27% to $0.90. 109,866 was the volume. KAL Energy announced on March 28th that a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on KALG. This strong upgrade comes at a time when the company has received five operational drill rigs and has conducted over 1000m of exploratory drilling thus far. KAL Energy has rapidly increased its on-site workforce to 128 people, including 8 geologists. The increased workforce and rigs will be used to explore their concessions for additional coal seams as well as to excavate the estimated 192 million tons of coal situated near the Mahakam River in North Eastern Kalimantan, Indonesia. The strong upgrade is also due to the company anticipating drill results from the Thermal Coal Project in the coming weeks.
KAL Energy Inc., through its wholly owned subsidiary Thatcher Mining Pte., has the rights to two coal concessions situated near the Mahakam River in North Eastern Kalimantan, Indonesia. This river is a main transportation system for transporting coal to nearby markets. Consulting Geologist, Jonathan O’Dell, has estimated that blocks 16 & 24 could contain over 192,000,000 tons of thermal coal. Today Indonesia is the leading exporter of thermal coal and export prices vary from $30.00 to $60.00 plus per ton. This region has been an active coal exporter since the 1990s, and in 2004 Indonesia passed Australia as the largest exporter of thermal coal. Governmental signing was achieved on Sep. 14th, 2006. Title & Ownership structure has been extensively reviewed by HHP, the in-country affiliate of Baker & McKenzie International.
B2Digital, Inc. (OTCBB: BTOD)
B2Digital, Inc. (OTCBB: BTOD) – Thursday’s shares increased 5.88% to $0.18. 52,496 shares were traded. B2 Digital announced on April 2nd the retirement of 48,000,000 shares of common stock into the company’s treasury. B2Digital today finalized a share exchange agreement with an existing shareholder, whereby the shareholder will exchange 48,000,000 shares of common stock for a class of preferred shares. B2Digital intends to withhold these common shares in their treasury account. “In deciding whether to retire these common shares, we considered many factors including the current market price of our stock, the number of common and preferred shares issued and outstanding before and after the retirement, our shareholders’ current equity, the shares of common and preferred stock available for issuance in the future, the liquidity of the our stock in the market, and the nature of the our current operations,” stated Robert Russell, B2Digital’s CEO.’
B2Digital, Inc. is a provider of in-room, on-demand video entertainment and satellite services to the domestic lodging industry. B2Digital has a base of approximately 8,000 installed rooms, which consist of contract rights of Hotel Movie Networks with Pay Per View and Cable/ Satellite access, and associated hardware and peripherals. B2Digital primarily provides its services under long-term contracts. B2Digital’s platforms provide for in-room viewing of select cable channels (such as HBO, ESPN and CNN and other interactive and information services, plus high-speed Internet access.
Lexington Energy Services Inc. (OTCBB: LXES)
Lexington Energy Services Inc. (OTCBB: LXES) – Thursday’s shares stayed even at $0.75. The volume was 27,700. Lexington Energy Services announced on April 2nd the appointment of Mr. Elston Johnston to the Board of Directors of Lexington Energy Services Inc. on April 2, 2007. Larry Kristof, President and CEO of Lexington Energy Services stated, “Mr. Johnston joins us as the newest addition to the company’s Board of Directors. This strategic appointment galvanizes our ongoing commitment to adhere to the highest possible level of corporate governance and financial stewardship.” Elston Johnston has been an active professional engineer and a consultant in the areas of commercial/industrial fire protection and loss prevention for the past thirty years.
Lexington Energy Services Inc. is an oil field service company providing construction and leasing of custom oilfield service equipment. As Canada’s fastest growing oil field service company, Lexington Energy Services manufactures and leases innovatively designed oilfield service equipment. Through their wholly owned subsidiary, Lexcore Services Inc., the company also provides a range of drilling services to meet the growing needs of the oil and gas industry, including Alberta’s oil sands.
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StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. HPGI Disclosure: Pentony Enterprises LLC has been compensated $12,000 for profile coverage. Pentony Enterprises LLC, the publisher of this website, was compensated 12,000 U.S. dollars by Haynes Capital Corp. Slovakia s.r.o. (hereinafter “Haynes”) for preparing and hosting the information contained on this website. Ocean Eclipse Ltda. (hereinafter “Ocean”), a corporation organized under the laws of Costa Rica paid Haynes 60,000 U.S. dollars to produce and distribute a financial newsletter and to publicize the gold industry and Hemisphere Gold Inc. (”HPGI”), a Nevada corporation, using one or more websites. Haynes has not received any information indicating that Ocean owns any shares of HPGI. In addition, on March 29, 2007, Haynes entered into a contract with HPGI under which Haynes shall perform media relations and awareness consulting services for HPGI and HPGI shall pay Haynes 3,000 U.s. dollars per month. The term of this contract is 3 months and shall be automatically extended for 1 month terms until terminated by either party. Haynes does not own any common shares of HPGI and does not intend to purchase or sell any common shares of HPGI in the immediate period following the publication of information pertaining to HPGI on this website. However, because Haynes received compensation for assisting HPGI engage in media relations and awareness marketing, and HPGI has in turn received compensation from Haynes, there is an inherent conflict of interest in any statements and opinions contained in this website and such statements and opinions cannot be considered independent. GNLM Disclosure: Pentony Enterprises LLC was compensated 75,000 free trading shares from a non controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares. KALG Disclosure: Pentony Enterprises LLC was compensated 30,000 free trading shares from a non controlling third party for profile coverage. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises currently holds no shares. BTOD Disclosure: Pentony Enterprises LLC was compensated $13,000 from a non-controlling third party for profile coverage. LXES Disclosure: Disclosure: Pentony Enterprises LLC has been compensated $80,000 and expects to be compensated about 130,000 freetrading shares by non-controlling third party (World Alliance Limited). It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.