Home | Business News | Browse by Publication | M | M2 Presswire

Pre-Market Stocks to Watch for Friday, April 28th.

Publication: M2 Presswire
Publication Date: 28-APR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 April 2006-OTCPicks.com: Pre-Market Stocks to Watch for Friday, April 28th(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:28042006

Our Stocks to Watch for today include - Battle Mountain Gold Exploration Corp. (OTCBB: BMGX), Franklin Mining, Inc. (OTC: FMNJ), Perfisans Networks Corporation (OTCBB: PFNH), Summus Works, Inc. (OTC: SMMW)

STOCK WATCH ALERTS

BATTLE MOUNTAIN GOLD EXPLORATION CORP. (OTCBB: BMGX) "Up 51.28% on Thursday"

Detailed Quote: http://www.otcpicks.com/quotes/BMGX.php

Battle Mountain Gold Exploration Corp. (OTCBB: BMGX) engages in the exploration for mineral properties in the State of Nevada. The company primarily focuses on gold. The company has interests in Hot Pots project located approximately six miles north of the Marigold Mine in Humboldt County, Nevada. It also has interests in Fletcher Junction project in Mineral County, Nevada. Battle Mountain Gold Exploration corp. is headquartered in Reno, Nevada.

BMGX News:

April 27 - Battle Mountain Royalty Update --- Increased Resource Estimates at Dolores

Battle Mountain Gold Exploration Corp. (OTCBB:BMGX) ("Battle Mountain") is pleased to announce that Minefinders Corporation Ltd. ("Minefinders") provided increased resource estimates for their Dolores gold and silver project in a News Release dated April 25, 2006. Battle Mountain holds a 1.25% net smelter return royalty on gold production from the Dolores project.

In their release, Minefinders stated that the results of recent drilling has increased both the measured and indicated resources estimates at the Dolores project in northern Mexico to 118.4 million tonnes containing 3.06 million ounces of gold and 149 million ounces of silver.

Also in their release, Minefinders compared the new measured and indicated ("M&I") Dolores resources estimates to the previously reported resources estimates both for within the planned open pit and for the entire project: the project M&I gold ounces increased by 349,000 (12.9%), and the pit M&I gold ounces increased by 77,500 ounces (4%).

Minefinders explained how much of the material responsible for the increase in the M&I resources within the planned open pit was previously treated as waste with no economic value, and how converting this waste material to additional resources will allow for a reduced stripping ratio, increased total production, and increased revenue flows.

Minefinders confirmed that they are on schedule to begin construction on the Dolores Mine this quarter and that production is targeted for summer 2007.

The information presented above was taken entirely from publicly available information provided by Minefinders. Although Battle Mountain has not undertaken an independent due diligence investigation to confirm the accuracy of the information, the Company is encouraged by the increased M&I resources estimates for Dolores as it will likely result in increased future royalty revenue for the Company.

FRANKLIN MINING, INC. (OTC: FMNJ) "Up 43.16% on Thursday"

Detailed Quote: http://www.otcpicks.com/quotes/FMNJ.php

Franklin Mining, Inc. (OTC: FMNJ) is engaged in the exploration, development and mining of precious and nonferrous metals, including gold, silver, lead, copper and zinc. The company opened a wholly owned subisidiary in Bolivia, Franklin Mining, Bolivia and started operations mining operations in Bolivia. The company owns...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from M2 Presswire
International Development Minister to host meeting of Sri Lanka Co-Cha..., April 28, 2006
BASF opens nanotechnology research center in Singapore; 13 million exp..., April 28, 2006
BLG makes up five new partners., April 28, 2006
Nominet announces new Policy Advisory Board., April 28, 2006
Flash 8 design and scripting demystified; "Flash 8: Projects for Learn..., April 28, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.