Jan 10, 2011 08:00 ET
Triton Distribution Systems, Inc. Received on Behalf of Advanced Gold Technology a Special Study for Availability of Mineral Resources in Three Major Mines Operated in Russia
The report of the study indicated the discovery of the following results:
It is estimated that the "Pine" mine can produce 50,144 ounces in gold that is valued at $70,201,600 on the International gold market. It is also estimated that the "Talaiz" mine can produce 85,808 ounces in gold valued at $120,131,200 on the International gold market and that the "Vorgavozh" mine can produce an estimated 272,832 ounces of gold valued at $381,964,800 on the International gold market. The opinions that are expressed in the study indicate that according to the research that was conducted on site, it is estimated that in total all three mines can produce 408,784 ounces valued at a total price of $572,297,600 on the International gold market.
Based on the above mentioned study, the operation of all three mines will go on for several years due to the large deposits of minerals available in each mine.
The relationship that is developing between Triton, AGT, Berezovskoye and Universal Holdings is developing into a very productive, successful and profitable partnership.
http://www.marketwire.com/press-release/Triton-Distribution-Systems-Inc-Received-on-Behalf-Advanced-Gold-Technology-Special-1377650.htm
Oil in the news
Over the weekend, an interesting story came out from Alaska that could potentially cause a spike in crude oil over the coming weeks. A pipeline that is responsible for nearly 10 percent of U.S. crude oil output was shut down Saturday morning. The pipeline carries 740,000 barrels of crude oil a day from northern Alaska to the southern port. The pipeline is operated by Alyeska Pipeline, which is owned by several major producers like Chevron, Exxon, Conoco, and BP. As a result of this weekend’s shutdown, all of Alaska’s North Slope producers have been forced to cut their production rate to 5 percent. BP spokesman Steve Rinehart called the shutdown a significant event. FutureMoneyTrends.com believes that this could cause a short term spike in crude oil prices, however BP may have the least to gain. In our opinion, regardless of oil prices the last thing BP needed was a potential environmental issue. As far as prices are concerned, OPEC may not admit it, but they probably miss $100 oil, so expecting them to offset price increases is highly unlikely. FutureMoneyTrends.com will be monitoring this shutdown and how it will effect 2011 trends.
USOG (United States Oil and Gas) .0034 with news of pipeline shutdown oil stocks may see spike in the next couple of weeks with spike in oil prices
BGOI (Bonanza Oil) .0006 outstanding shares 846 million
WTCT (Watchit Technologies) .0009 this stock announced news of Current Pink Sheet status and with crude oil going up there oil reformer technology may be very profitable , this share structure will easily allow for big gains
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