• briefing asia infrastructure aug 15, 2006 • briefing asia energy aug 15, 2006

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Document APULSE0020060626e26q001xj

www.smallcapstockwatch.com , Over $250 billion set aside for The Safe, Accountable, Flexible, Efficient Transportation Equity Act : A Legacy for Users
1,567 words

23 June 2006

M2 Presswire

MTPW

English

(c) 2006 M2 Communications, Ltd. All Rights Reserved.
Stocks To Watch: Material Technologies, Inc. (OTCBB: MTNA), Metro Gold Mines Mineral Resources Inc. (PinkSheets: MGMX), OCA, Inc (PinkSheets: OCAI), GTX Global Corp (PinkSheets: GTXC), Xechem International, Inc. (OTCBB: XKEM)
Featured Stock Material Technologies, Inc Ticker Symbol MTNA: Current Price (0.10) www.matechcorp.com
Material Technologies Receives Inquiries from More State DOTs Expressing Interest in its Metal Fatigue Detection Solutions
LOS ANGELES, CA - Material Technologies, Inc. (OTC BB: MTNA.OB - News) ("MATECH") announced that the Departments of Transportation of several more states have expressed interest in its metal fatigue detection technology this month. MATECH is in the process of setting up meetings with the agencies to discuss the advantages of using its breakthrough Electrochemical Fatigue Sensor (EFS) to assess the structural integrity of their bridges.
Recently MATECH has completed reviews of three bridges at the request of Pennsylvania's DOT, and Massachusetts has submitted information on seventeen bridges throughout the state where fatigue damage is a primary concern. This month MATECH has been contacted by additional state transportation agencies to inquire about the EFS's unique ability to detect minute, growing cracks in steel bridge infrastructure as well as in other metal structures which are subjected to cyclic loadings.
"Our proven metal fatigue detection solutions can find, measure and monitor tiny cracks in structural components with industry-leading accuracy. This data is critical to federal and state transportation agencies tasked with maintaining bridge safety," said MATECH CEO Robert M. Bernstein. "As our sales and marketing efforts generate positive momentum, more potential customers are expressing interest. We are extremely pleased with the inquiries we have received so far and excited at the prospect of developing them."
The $286 billion Federal Transportation Bill allocated $5 million to help states evaluate nondestructive methods such as EFS to test growing fatigue cracks in steel bridges. The Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU, enacted August 10, 2005) provides for increased transportation infrastructure investment and strengthened transportation safety programs.
The U.S. Department of Transportation's Fiscal Year 2007 Budget Request continues the funding for bridge safety, requesting $65.6 billion in budgetary resources to support major investments in transportation nationwide including $4.2 billion for bridge replacement, rehabilitation and preventive maintenance.
About Material Technologies, Inc. (MTNA.OB)
MATECH is an engineering, research and development company specializing in technologies to measure microscopic fractures and flaws in metal structures and monitor metal fatigue in real time. The company's leading edge metal fatigue detection, measurement and monitoring solutions can accurately test the integrity of metal structures and equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems and heavy iron.
MATECH owns the only non-destructive testing technology able to find growing cracks as minute as 0.01 inches-critical information that allows structural engineers to isolate and repair the more than 100,000 steel bridges in the U.S. which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration. MATECH has exclusive rights to seven patents along with $8.3 million in already completed contracts from the US Government for research, testing and validation of its innovative solutions.
To hear more about MTNA from CEO/President Robert M. Bernstein go to: http://www.publiccoreport.net/featured/MTNA/company.asp or visit the company's website at www.matechcorp.com .
Contact: [e-mail] www.matechcorp.com For in-depth analyst report please visit : www.smallcapstockwatch.com
Metro Gold Mines Mineral Resources Inc Ticker Symbol MGMX: Current Price (0.0125) www.smallcapstockwatch.com
Metro Gold Mines Mineral Resources Inc. a precious metal mining company engaged in the acquisition and development of production properties in South and Central America.
OCA, Inc Ticker Symbol OCAI: Current Price (0.33) www.smallcapstockwatch.com
OCA, Inc. provides various operational, purchasing, financial, marketing, administrative, and other business services to the healthcare market in the United States and internationally. It also offers capital and proprietary information systems to approximately 200 orthodontic and dental practices representing approximately 400 offices. Its services include marketing to attract new patients, bill payment, human resources, financial reporting, software development, and practice enhancement consulting. The company was founded in 1985 and is based in Metairie, Louisiana. OCA has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in March 2006. The company operates its business as a debtor-in-possession.
GTX Global Corp Ticker Symbol GTXC: Current Price (3.15) www.smallcapstockwatch.com
As of January 26, 2006, GTX Global Corp. was acquired by Yadio, Inc. in a reverse merger transaction. GTX Global Corp. develops IP multimedia technologies that enable the delivery of video, voice, data, and multimedia capabilities. The company offers fully supported IP multimedia applications that are customizable in feature and form. GTX Global Corp. was formerly known as Gatelinx Global Corp and Autoleasecheck Com, Inc. GTX Global Corp. is based in Henderson, Nevada.
Xechem International, Inc Ticker Symbol XKEM: Current Price (0.0299) www.smallcapstockwatch.com
Xechem International, Inc., a biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS-related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory-enhancing compounds. It operates in the United States, India, the People's Republic of China, and Nigeria. The company was founded by Ramesh C. Pandey in 1994. Xechem International is headquartered in New Brunswick, New Jersey.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b), Smallcapstockwatch.com is owned and operated by Iron Consulting. Iron Consulting has received eighteen thousand dollars from Equity Alliance Intl. for its internet marketing services, from Equity Alliance Int. LLC for its marketing and consulting services. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data prepared by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail].
Document MTPW000020060623e26n005eh

Daily Market Movers Digest Stock Alerts, Friday, June 23rd, ITPD, XKEM, TDCP, SKPI, BKMP
2,011 words

23 June 2006

M2 Presswire

MTPW

English

(c) 2006 M2 Communications, Ltd. All Rights Reserved.
Today our stock watch alerts today include stock alerts for Intrepid Holdings Inc. (OTCBB: ITPD), Xechem International, Inc. (OTCBB: XKEM), 3DIcon Corporation (OTC: TDCP), Sky Petroleum, Inc. (OTCBB: SKPI), and Blackout Media Corp. (OTC: BKMP)
OTC STOCK ALERTS
INTREPID HOLDINGS INC. (OTCBB: ITPD) "Up 150.00% at close on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/ITPD.php
Intrepid Holdings Inc. (OTCBB: ITPD), a development stage enterprise, provides pharmacy services through mail order, home/office delivery, and central fill facilities. Its services include mail order prescription services, central fill prescription services, and pharmacy benefit management services, as well as claims adjudication, drug utilization review, clinical disease state management, and formulary management. The company also offers medical diagnosis and treatment for various conditions, such as minor aches and pains; cold like symptoms; infections of the ear, eye, nose, and throat; vaccinations; and flu shots to individuals living and working in medically underserved minority and urban communities. In addition, it provides e-prescribing software and Medicare formulary decision tools to physicians and their offices. The company serves self insured benefit plans, third party administrators, benefit managers insurance companies, and government agencies. Intrepid Holdings was incorporated in 1997 and is based in Houston, Texas.
ITPD News:
June 22 - Intrepid Holdings' Intrepid Healthcare Group and Wal-Mart Stores, Inc. Announce Letter-Of-Intent To Lease Space for In-Store Clinics
Intrepid Holdings, Inc. (OTCBB:ITPD) announced today that its Intrepid Healthcare Group has signed a letter-of-intent with Wal-Mart Stores, Inc. (NYSE:WMT) to lease space in Wal-Mart stores and Supercenters in several markets. Intrepid Holdings, Inc. will build and operate Healthy Access medical clinics in these leased spaces beginning in the 3rd quarter of this year. At this time, Intrepid Holdings, Inc. plans to open clinics in Wal-Mart stores and Supercenters in Texas, as well as the District of Columbia area, over the next 12-15 months.
Healthy Access clinics will be staffed with certified nurse practitioners with physician oversight and provide episodic care for acute non-life threatening medical conditions such as colds and sinus infections; screening for such conditions as diabetes, high blood pressure, and high cholesterol; and routine laboratory testing for certain illnesses, including prostrate cancer, hepatitis, and STD's. Each clinic will also offer flu shots, vaccinations and routine physicals. Most of these services will be provided for $45.00 or less.
"Our relationship with Wal-Mart is a significant milestone. We will be able to provide quality health care to patients, many of whom will be Wal-Mart shoppers and continue the growth and expansion of Intrepid Healthcare Group's offerings. Wal-Mart continues to demonstrate its commitment to providing leadership in health care for the underserved individual and opportunities for companies that target urban markets and customers," stated Toney Means, President of Intrepid Healthcare Group.
"Wal-Mart serves as a community hub for thousands of people who can benefit from more convenient access points to quality healthcare," said Amee Chande, Vice President of Health Care Strategy and Communications for Wal-Mart. "We are pleased to invite Healthy Access clinics into our stores to meet the basic and preventive health needs of local communities and Wal-Mart customers."
XECHEM INTERNATIONAL, INC. (OTCBB: XKEM) "Up 64.65% at close on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/XKEM.php
Xechem International, Inc. (OTCBB: XKEM), a biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS-related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory-enhancing compounds. It operates in the United States, India, the People's Republic of China, and Nigeria. The company was founded by Ramesh C. Pandey in 1994. Xechem International is headquartered in New Brunswick, New Jersey.
3DICON CORPORATION (OTC: TDCP) "Up 16.39% at close on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/TDCP.php
3DIcon Corporation (OTC: TDCP) is a development-stage company whose mission is to create and market full-color, 360-degree person-to-person 3D technology that is both simple and portable. Such a system could revolutionize or replace all existing forms of electronic communications, including television, telephones, and personal computers. This "next-generation" technology should be well suited for such industries as retail, manufacturing, entertainment, medical, healthcare, and the military.
SKY PERROLIUM, INC. (OTCBB: SKPI) "Up 5.46% at close on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/SKPI.php
Sky Petroleum, Inc. (OTCBB: SKPI), a development stage company, engages in the exploration and development of oil and gas properties in the United Arab Emirates. The company, through its indirect wholly owned subsidiary Sastaro Limited, has an agreement with Buttes Gas and Oil Co. International, Inc., under which it has the right to participate in two wells in an off-shore oil and gas project in the United Arab Emirates. The project is located in the Ilam/Mishriff reservoir of the Mubarek Field area near Abu Musa Island in the Persian Gulf. Sky Petroleum was founded in 2002. It was formerly known as The Flower Valet and changed its name to Seaside Explorations, Inc. in 2004. Later, the company changed its name to Sky Petroleum, Inc. in 2005. Sky Petroleum is based in Austin, Texas.
BLACKOUT MEDIA CORP. (OTC: BKMP) "Up 33.33% at close on Thursday"
Detailed Quote: http://www.otcpicks.com/quotes/BKMP.php
Blackout Media Corp. (OTC: BKMP), together with its subsidiaries, operates in the areas of digital television, video-on-demand, pay-per-view, radio, the Internet, and print. It primarily operates in Toronto and New York. The company was formerly known as First Canadian American Holding Corporation and changed its name to Blackout Media Corp. in January 2006. Blackout Media is based in Toronto, Canada.
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Document MTPW000020060623e26n002gx

www.analystresearchreport.com :Tao Minerals to Acquire Two Additional Gold Mining Projects in Southwestern Colombia with World-Class Potential
1,588 words

20 June 2006

M2 Presswire

MTPW

English

(c) 2006 M2 Communications, Ltd. All Rights Reserved.
Stocks To Watch: Tao Minerals Ltd. (OTCBB: TAOL), CRSI Group, Inc. (PinkSheets: CRSX), Stonebridge Resources Exploration Ltd (PinkSheets: SBRX), Xechem International, Inc (OTCBB: XKEM), Beacon Power Corporation (Nasdaq: BCON)
Featured Stock: TAO MINERALS LTD Ticker Symbol: TAOL Current Price (1.07)
Tao Minerals to Acquire Two Additional Gold Mining Projects in Southwestern Colombia with World-Class Potential
Monday June 19, 5:28 pm ET MEDELLIN, Colombia----June 19, 2006--Tao
Minerals Ltd. ("Tao Minerals") (OTCBB:TAOL - News): Tao Minerals is pleased to announce that it is in the final stage of acquiring two Exploitation (Mining) licenses covering two projects in southwestern Colombia. These two acquisitions are intended to complement the company's Golondrina project and would allow for a large-scale processing plant in the area.
The company's Chief Geologist, Duncan Bain, and Project Geologist, Carlos Acevedo, have just recently completed additional sampling and preparation of a near-term drill program to confirm tonnage and grades of these deposits. Phase one samples of the first property in April 2006 assayed between 1.5 to 4.8 g/Au/tonne. This project has excellent exposure with little overburden, allowing close inspection of the vein systems in the host rock. A combination of gold in veins, crosscutting veinlets, and gold disseminated in the host rocks makes bulk mining of relatively low-grade ore possible. Assuming that the average grade hold up (1.5-4.8 g/Au/tonne) and that sampling done to date confirms continuity of mineralization to a depth of 200m (currently checked to elevation of 100m), then the entire block could be mined. That is, a block 200m deep x 300m wide x 400m long, with an average grade of 2.58g/Au/tonne, would produce 62 million tones of ore with a cut-off grade of 1.5 g/Au/tonne, yielding over 3.3 MILLION OUNCES of GOLD.
Near-term exploration will include reverse circulation drilling and some additional road work to allow the drill rig to be brought in by truck. A series of small drill pads will need to be prepared on the surface of the deposit, and those have been identified in the company's internal report. The company is confident that there will be no problems in setting up a large-scale processing plant in the area. This plant will serve both projects and the Golondrina project. Assay results and a project overview from the second property will be reported as soon as the second-phase sampling results are back from the lab.
Tao Minerals President Jim Sikora said, "These acquisitions represent a further major step in our strategy to establish a major gold mining operation in this region of southwestern Colombia." Contact: Tao Minerals Ltd.
James A. Sikora, President, 0115743110720 Oficina 618 Ventura Mall Carrera 32 No.1 B Sur 51 Medellin, Colombia web site: taomining.com [e-mail]
Source: Tao Minerals Ltd.
CRSI Group, Inc Ticker Symbol CRSX: Current Price (.70) www.analystresearchreport.com
CRSI Group, Inc., through its subsidiaries, engages in recruiting, training, and placing medical personnel, primarily nurses. It recruits nurses in countries where the number of trained nurses exceeds the demand for nurses, and finds employment for the nurses in countries where the demand for skilled nurses exceeds the number available. The company also provides resources and support to nurses worldwide, with a primary focus on nurses recruited by it. The company was formerly known as Abcor Products, Inc. and changed its name to CRSI Group, Inc. in August 2005. CRSI Group is based in New York city.
Stonebridge Resources Exploration Ltd Ticker Symbol SBRX: Current Price (1.15) www.analystresearchreport.com
Stonebridge Resources Exploration Ltd. is primarily engaged in the acquisition and development of oil and gas assets in continental North America. Stonebridge intends to continue to acquire in the oil and gas field and hopes to rework the new assets with technology to increase production and expand reserves.
Xechem International, Inc Ticker Symbol XKEM: Current Price (0.031) www.analystresearchreport.com
Xechem International, Inc., a biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS-related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory-enhancing compounds. It operates in the United States, India, the People's Republic of China, and Nigeria. The company was founded by Ramesh C. Pandey in 1994. Xechem International is headquartered in New Brunswick, New Jersey.
Beacon Power Corporation Ticker Symbol BCON: Current Price (1.16) www.analystresearchreport.com
Beacon Power Corporation, a development stage company, together with its subsidiaries, engages in the design, development, configuration, and sale of products and services to support electricity grid operation. The company's sustainable energy storage and power conversion solutions provide electric power for the utility, renewable energy, and distributed generation markets in the United States. Its products include Smart Energy matrix and Smart Power M5 inverter system. The company's Smart Energy matrix is a modular and flywheel-based energy storage system designed for use in grid frequency regulation and other distributed generation applications. The Smart Power M5 inverter system for the photovoltaic energy market converts direct current generated by solar cells from sunlight into alternating current required by residential and commercial users for operating electrical devices. The company also offers Smart Energy 25 system for energy storage solution and Smart Energy 6 system for remote terminal power backup for the telecommunications industry and various applications for cable television, wireless, and broadband companies. Beacon Power was founded in 1997 and is headquartered in Wilmington, Massachusetts.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of 1933, Section 17(b),analystresearchreport.com is owned and operated by Iron Consulting. Iron Consulting has received eighteen thousand dollars from Equity Alliance Intl. for its internet marketing services, from Equity Alliance Int. LLC for its marketing and consulting services. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data prepared by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail].
Document MTPW000020060620e26k0008d

OTC STOCK ALERT!
1,825 words

19 June 2006

M2 Presswire

MTPW

English

(c) 2006 M2 Communications, Ltd. All Rights Reserved.
For Monday June 19, The Street Review is watching: Pacific Gold Corp. (OTCBB: PCFG), Xechem International Inc., (OTCBB: XKEM), Immune Response Corp. (OTCBB: IMNR), NeoMedia Technologies Inc. (OTCBB: NEOM), Labwire Inc, (OTC: LBWR.PK), and GHL TECHNOLOGIES INC (OTC: GHLT.PK).
Pacific Gold Corp.'s (OTCBB: PCFG) Black Rock Canyon alluvial gold mine is currently scheduled to begin gold production in the near future. The mine is owned and operated by a 100% owned subsidiary company, Nevada Rae Gold, Inc.
With the recent increases in the price of gold, PCFG revenues for the first twelve months of gold production at Black Rock Canyon, could be as high as $6 million with EBITDA of up to $2.8 million. With over 53,000,000 shares outstanding, EBITDA per share for the first 12 months production could be as high as $0.05 per share, and the P/E ratio could favor PCFG.
The Black Rock Canyon mine is located in Lander County, Nevada in the proximity of the Cortez Gold Mine, owned by Barrick Gold and Rio Tinto PLC (RTP).
Geologist and engineering reports have placed the estimated resources for the Black Rock Canyon mine at up to 500,000 ounces of gold which would give a mine life of over 20 years.
On April 13, 2006, PCFG announced a convertible debenture financing of $6.1 million with a conversion price of $1.00 per common share. In 2005 PCFG completed $6.1 million in debt and equity financing.
With the recent increases in the price of gold, the Company may be positioned for potential growth at the Black Rock Canyon mine and at its 2 other gold projects, Fernley Gold and Oregon Gold.
In August of 2005 Pacific Gold Corp. (OTCBB: PCFG) issued a press release announcing that Pilot Mountain Resources Inc., a 100% subsidiary of the Company, has acquired Project W from Platoro West Inc.
Project W has a mineral deposit that contains up to an estimated $700 million of in ground resources, based on a feasibility study prepared by Kaiser Engineers and Union Carbide. Project W is primarily a tungsten (chemical symbol W) project located in Mineral County, Nevada, USA. Elevated tungsten values occur throughout the area, and there are known mineral resources within the claim area.
Pacific Gold Corp. is committed to acquiring and developing proven, undeveloped mineral deposits in North America. Project W, the Company's most recent acquisition, presents a unique opportunity for the Company and its shareholders due to recent economic developments in the tungsten market. The Company's mission statement is to acquire up to $2 billion of mineral deposits by 2009. With the acquisition of Project W, the Company estimates that it has achieved approximately 55% of its goal.
The Company is focused on gold and base metals operations and currently owns four operating subsidiaries. Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black Rock Canyon gold mine, located in north-central Nevada. Pilot Mountain Resources Inc.("Pilot Mountain") owns Project W, a large tungsten based deposit. Fernley Gold, Inc. ("Fernley Gold") has acquired the exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada. Oregon Gold, Inc. ("Oregon Gold") owns the Bear Bench claims and Defiance mine, located in south-western Oregon.
On Friday, PCFG closed at $0.40.
More information on Pacific Gold Corp. can be found at www.pacificgoldcorp.com .
Other stocks of interest to watch on Monday, June 19;
Xechem International Inc., (OTCBB: XKEM) rose 1% Friday to end the week at $0.0303 per share. Volume on the session was over 63 million shares. Xechem International, Inc., a biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS-related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory-enhancing compounds. It operates in the United States, India, the People's Republic of China, and Nigeria. The company was founded by Ramesh C. Pandey in 1994. Xechem International is headquartered in New Brunswick, New Jersey.
Immune Response Corp. (OTCBB: IMNR) traded up 0.5% Friday to end the day at $0.0205 per share. Volume was 5 times the daily average with over 20 million shares trading hands. The Immune Response Corporation, an immuno-pharmaceutical company, focuses on the development of various products to treat autoimmune and infectious diseases. It offers NeuroVax, which is based on T-cell receptor peptide technology for the treatment of multiple sclerosis; and IR103 and Remune for the treatment of Human Immunodeficiency Virus (HIV). These products are in Phase II clinical trails. The Immune Response Corporation was founded by Jonas Salk in 1986 and is headquartered in Carlsbad, California.
NeoMedia Technologies Inc. (OTCBB: NEOM) fell 6% Friday to end the week at $0.212 per share. Volume on the day was 1.9 million shares. NeoMedia Technologies, Inc. develops proprietary technologies that link physical information and objects to the Internet. It also develops a patent portfolio covering convergence of the physical world and the Internet. The company operates through two units, NeoMedia Internet Switching Software and NeoMedia Micro Paint Repair. The NeoMedia Internet Switching Software unit engages in the development and support of Internet technology, including its linking switch and application platforms. This unit also manages intellectual property portfolio, including the identification and execution of licensing opportunities surrounding the patents. The NeoMedia Micro Paint Repair unit offers products and services for interior and exterior automotive rejuvenation. This unit also distributes other manufacturers' automotive aftermarket products to customers worldwide. In addition, the company offers PaperClick mobile marketing services, a tool that allows global marketers and advertising agencies to have one-on-one contact with consumers through cell phones and other mobile wireless devices. It principally operates in the United States and Canada. NeoMedia was founded in 1989 and is headquartered in Fort Myers, Florida.
Labwire Inc, (OTC: LBWR.PK) rose 13% Friday to end the week at $0.147 per share. Volume on the day was 2.2 million shares. Labwire, Inc. provides employee drug screening and background checking services to Fortune 500 corporations. It offers a set of solutions to manage various aspects of employee screening services, including drug testing program development and policy analysis, medical review services, supervisor training, and real-time online data management. The company's Labwire solution, a Web-based application, delivers employee information management services. It serves oil and gas, and transportation industries. The company is headquartered in Houston, Texas.
GHL TECHNOLOGIES INC (OTC: GHLT.PK) climbed $1.57 per share Friday to close the week at $6.69. Volume on the session was 2.4 million shares GHL Technologies seeks to become a leading, international GPS/telematics company by aggressively investing in new acquisitions, building strategic alliances, and securing partnerships with companies on the cutting edge of GPS and telematics development - thereby creating value for its shareholders.
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