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GYGC Guyana Gold Corp (PK)

0.0017
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Guyana Gold Corp (PK) USOTC:GYGC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0017 0.0017 0.0017 0.00 01:00:00

Aggressive Stock Alert: GYGC! June 12, 2008

12/06/2008 2:40pm

Marketwired


Guyana Gold (PK) (USOTC:GYGC)
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From Jun 2019 to Jun 2024

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MIAMI, FL , Agrium Inc. (NYSE: AGU), First Solar, Inc. (NASDAQ: FSLR) and XTO Energy Inc. (NYSE: XTO).

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:

Agrium Inc. (NYSE: AGU) up 8.6% on 12.5 million shares traded.

Agrium Inc. is a major retail supplier of agricultural products and services in both North and South America and a leading global producer and marketer of agricultural nutrients and industrial products.

First Solar, Inc. (NASDAQ: FSLR) down 3.2% on 4.6 million shares traded.

First Solar, Inc. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs.

XTO Energy Inc. (NYSE: XTO) up 4.1% on 10.2 million shares traded.

XTO Energy Inc. is a domestic natural gas producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States. Its properties are concentrated in Texas, New Mexico, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Alaska, Utah, Louisiana, Mississippi and Montana.

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.

The company relies exclusively on information gathered on the public company, such as public filings, press releases and its web sites. Investors should use the advertising information contained in this release as a starting point for conducting additional research on the public company in order to allow the investor to form his or her own opinion regarding the public company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the public company that this release is providing service for should be reviewed as speculative and a high-risk and may result in the loss of some or all of any investment.

This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

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