Gemini Explorations, Inc. (GMXS)
Gemini Explorations has secured some exciting acquisitions in the largely underdeveloped mineral reserve wealth of Colombia, drawing on nearly two decades of connections within the industry in order to turn GMXS into the next big name among juniors in South American gold production.
The superb geological potential of the company’s two current projects, the La Planada and La Tapada gold properties, shows how intelligent the company’s management is, snapping up such richly mineralized acreage in key underdeveloped gold districts. GMXS even formed a Colombian subsidiary, Minera Gemini SA, back in May of this year to streamline/facilitate operations and act as a holding unit for the company’s Colombian mining concessions and interests.
The economic viability of La Planada is well expressed across a variety of data sets that have come out of the analytical work, including this most recent effort, and GMXS is very confident of the grades on all vein and rock targets. If the Phase II sampling and subsequent drilling results confirm the current model, we are talking a massive block of mineable ore totaling some 59M tonnes, or 3.15M troy gold ounces at a 1.5 g/tonne cut-off grade.
The La Tapada project (80% interest) to the north is a producer in the still hugely underdeveloped El Bagre-Zargoza mining district. With striking potential similarities to La Planada and existing registrations at the Colombian Mining Department putting the grade range in the 15-20 g/tonne area (with true bonanza potential in the 250 g/tonne grades in select pockets via artisanal mining methods), we have an attractive, highly prospective concession for which Gemini has slated a sampling/drilling program series. Phase I systematic channel/vein chip sampling results completed in June ranged as high as 243 g/tonne Au, with an average grade from an 18-sample batch showing 25.97 g/tonne.
Mondial Ventures, Inc. (MNVN)
Mondial Ventures, an independent oil and gas E&P with total reserves of some 114.7k bbls and 909.7k MCF, is rapidly carving out a substantial regional position based around its footprint in the Permian Basin. MNVN has devised a clear mandate to pursue underutilized and underexplored targets (ideally in Texas and surrounding states) with previously known hydrocarbon production potential, so that those targets can be rediscovered and/or rehabilitated within the network of relationships the company has developed with operating partners and key industry experts over the years.
The recent acquisition of the J.B. Tubb North and South 40 Leases in Ward County, TX (both 37.5% WI with a 28.125% NRI), marked MNVN’s breakout into being a serious sector up and comer. The company’s position in the North 40 acres of the J.B. Tubb Leasehold Estate/Amoco Crawar field includes three well heads and three bores (two currently producing wells), as well as ancillary logistical hardware, in addition to the oil and gas interests. The company also possesses pro rata revenue and reserves from surface down to 8.5k feet, making this a stable, fundamental support column in the Permian for MNVN’s overall regional strategy.
Mondial’s position in the Highland Production Company (Crawar #2) well-bore in the J.B. Tubb South 40 comes with depth of ownership from 3.7k to 3.9k and 4.7k to 4.9k feet. The participation agreement for the Crawar #2 also grants MNVN the option to fund $1.575M on a best effort basis for capital expenditures related to drilling an additional well on the J.B. Tubb South 40 targeting the Ellenburger Formation. This Ellenburger target would be aggressed on a turnkey, co-ownership basis with Success Oil, Inc., who would act as operator of the projected 8.3k foot deep well and this move would also set MNVN up very nicely in the play for taking advantage of its option to participate in yet further well drilling on the property.
Mondial Ventures is worth looking at because of their obvious ability to read the sector and locate those oil and gas acquisitions, resource plays, and other opportunities which will best translate into bottom line returns. The company’s emerging footprint in Texas and outlying areas is well-served by recent executions like the Crawar #2 and this well is slated to be stabilized and put on pump, with a potential fracking at a future date to increase potential already under consideration.
The Guitammer Company Inc. (GTMM)
The Guitammer Company is a leader in low frequency sound products and technology. Its innovative and award winning line of patented ButtKicker-brand low frequency audio transducers let users feel low-frequency sound (bass). ButtKicker brand products are used around the world by leading entertainment and theater companies such as AMC, IMAX, and Disney in movie theaters and attractions; by world-famous musicians; in home theaters, simulators and for car audio.
ButtKicker brand products are distributed by Pearl Drums for musicians under the trade name, "Pearl's Throne Thumper by ButtKicker", and factory installed in home theater seating by Palliser Furniture. ButtKicker brand products' patented design makes them musically accurate, powerful, and virtually indestructible. The Company is headquartered in Westerville, OH.
The Guitammer Company's newly patented broadcast technology, ButtKicker LIVE! enables the excitement, impact and feeling of sporting events to be broadcast along with the sound and video. ButtKicker LIVE! puts you into the action, whether you're at home or at the event. ButtKicker Live! technology is available for cable, satellite, fiber optic, IPTV, and over-the-air broadcast.
Less than a week ago, The Guitammer Company announced that CEO Mark A. Luden, Chief Financial Officer Rich E. Conn, and Director Walter J. Doyle acquired a collective 156,000 common shares of Guitammer in open market purchases at prices ranging up to $0.35 per share. The news came on the heels of a press release reporting that third quarter revenue more than tripled to approximately $555,000.