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GYGC Guyana Gold Corp (PK)

0.0017
0.00 (0.00%)
13 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 0.0047 0.0017 0.0017 0.0017 2,001 14:30:19

Investment Alerts: GYGC! June 11, 2008

11/06/2008 4:07pm

Marketwired


Guyana Gold (PK) (USOTC:GYGC)
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MIAMI, FL , Baidu.com Inc. (NASDAQ: BIDU), BHP Billiton (NYSE: BHP), Nabors Industries Ltd. (NYSE: NBR).

Guyana Gold Corp. (PINKSHEETS: GYGC) continues to issue positive news, and the company should have the attention of investors this morning. This morning, the company, a junior mineral exploration company, issued a press release announcing that the Company's joint venture partner Octagon Mining Corp. has submitted an application to the Guyana Gold Mine Commission to acquire gold properties in the Barima-Waini Region.

This could be great news for the company! Eduard Aranov, president of Guyana Gold Corp., stated: "We expect an announcement on these potential claims within the next 21 days. This potential acquisition is strategically important for Guyana Gold Corp. and Octagon Mining Corp. as it secures a large land position in an area geologically similar to our successful Port Kaituma project and where previous exploration has identified several high priority gold targets."

Current claims to be acquired, if approved, consist of 7 blocks with each block consisting of 44 claims totaling 308 claims. Combined with the claims previously announced in April, 2008 the Company would control 572 mining claims covering about 13,637 acres in 13 blocks.

The main mineral interests in Guyana are gold, diamond and bauxite and, recently, semi-precious stones. According to the press release, Octagon Mining Corp. 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.

Investors are urged to watch this company closely!

Before the news was released, GYGC closed Tuesday at Forty-Five cents a share.

For Stock Market Alerts' in-depth profile of Guyana Gold, visit http://www.wallstreetenews.com/HotStocks/GYGC061008/default.aspx.

Other Stocks of interest yesterday were:

Baidu.com, Inc. (NASDAQ: BIDU) down 1.7% on 4 million shares traded.

Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information.

BHP Billiton (NYSE: BHP) down 2.6% on 5.2 million shares traded.

BHP Billiton is headquartered in Melbourne, Australia, and is the world's largest global diversified natural resources company.

Nabors Industries Ltd. (NYSE: NBR) down 2.2% on 8.8 million shares traded.

The Nabors companies own and actively market a fleet of approximately 535 land drilling and approximately 737 land workover and well-servicing rigs in North America. Nabors' actively marketed offshore fleet consists of 35 platform rigs, 12 jack-up units and 4 barge rigs in the United States and multiple international markets.

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 Sixty Four 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. (OTC: 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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