Franklin Mining, Inc. (OTC: FMNJ)
Franklin Mining, Inc. (OTC: FMNJ) – Tuesday’s shares closed down 10.53% to $0.034. 6,222,945 shares were traded. Franklin Mining, Inc. announced on February 26th it retained Alex Stewart (Assayers) Ltd. of Merseyside, England and La Paz, Bolivia, an independent company to provide professional services for the Pulacayo Tailings project. Franklin Mining’s General Manager, Dr. Jaime Arancibia Davila, will be on-site at Pulacayo beginning Tuesday and take personal responsibility for site selection and its preparation. Franklin expects all preliminary work will begin within six weeks. Dr. Arancibia will also supervise erection of the Pulacayo processing plant and direct the possible expansion of the project by personally evaluating every option available to increase gold and silver recovery rates. Franklin Mining President, Jaime Melgarejo, Jr., emphasized that while mineral resource estimates indicate the Pulacayo Tailings project’s gold and silver recovery will generate respectable profits there is a new incentive to expand the depth of the project. “With recent increases in precious metal values and indicators pointing to sustainability, Franklin must explore the possibility of expanding a project that has already increased in value almost $7,000,000 since signing the COMIBOL agreement.”
Franklin Mining, Inc. (OTC: FMNJ) is engaged in the exploration, development and mining of precious and nonferrous metals, including gold, silver, lead, copper and zinc. The company has a long history that originates with the original Franklin Mines in Colorado back in the 1800s. Franklin Mining. Inc was formerly WCM Capitol, a Delaware Corporation. In 2003 a new board of directors was elected and this new board changed the name to Franklin to reflect the history of the Franklin Mines. Since 2003 the company’s management has been active in trying to grow the company and expand the companies opportunities. In 2004 Franklin Mining, Bolivia was formed in order to start operations as well as build a presence in Bolivia. In 2004 a division was opened named Franklin Oil & Gas. This division was formed to pursue Oil opportunities in Greneda and to pursue Gas Opportunities in Bolivia. In 2006 Franklin Oil & Gas, Bolivia was formed.
EnviroMission Limited (OTC: EVOMY, ASX:EVM)
EnviroMission Limited (OTC: EVOMY, ASX:EVM) – Tuesday’s shares went up 3.45% to $3.00. 700 shares were traded. Scope for development of EnviroMission’s Solar Tower renewable energy concept has widened in the US with another feasibility study now underway, this time in El Paso County, Texas. A weather station has been installed on land beside the El Paso County Sheriff’s Annex to gather meteorological data for a pre-feasibility study to evaluate the viability of Solar Tower operation in the district. El Paso County Judge, Mr. Anthony Cobos, announced enthusiasm for the development of Solar Towers in the county, saying “key drivers for the County’s support are based on the strong case for the economics of sustainability and energy independence.”
EnviroMission Limited is a renewable energy developer and innovator of commercially viable large-scale power generation driven by solar radiation for zero greenhouse gas emissions. The company is developing highly innovative Solar Tower electricity generation projects for the Australian & American renewable energy markets. EnviroMission owns the exclusive Australian licence to Solar Tower technology and is moving to commercialize the first of many Solar Tower power stations in Australia by 2009. A single power station development will have the capacity to supply renewable energy to more than 400,000 households.
MedSpas of America, Inc. (OTC: MDSP)
MedSpas of America, Inc. (OTC: MDSP) – Tuesday’s shares increased 12.50% to $0.0045. 398,000 was the volume. MedSpas of America, Inc., www.medspasofamerica.com, announced on February 21st its intention to launch MedSpa University Online. As MedSpas of America continues its roll up acquisition strategy, the company has repeatedly been asked to offer consulting and development services to assist MedSpa operators in improving their operations and increase sales. Based on this continuing demand, the company feels the Online University method will offer these services in the most effective and profitable manner. Paul R. Smith, CEO of MDSP, said: “The launching of this MedSpa University Online is unprecedented in the industry. Our initiative in this venture will continue to expand our industry reach and breadth and we look forward to offering our University to the existing and future MedSpa owners, managers and employees across the country.”
MedSpas of America, Inc., founded in 1997, is a publicly traded Nevada corporation, with its headquarters in Atlanta, Georgia. The Company recently completed a reorganization and stock purchase of Virtuoso MedSpas, Inc. (”Virtuoso”), now a wholly-owned subsidiary of the Company. The Company intends to focus it’s resources on the development of the Virtuoso brand.
Lantis Laser Inc. (OTC: LLSR)
Lantis Laser Inc (OTC: LLSR) – Tuesday’s shares decreased 3.57% to $0.61. 80,000 shares were traded. Lantis Laser Inc., under its worldwide exclusive rights for the dental field for Optical Coherence Tomography (OCT) technology, is developing its OCT Dental Imaging System(TM) for early detection of oral diseases. OCT is a new class of diagnostic imaging technology that utilizes advanced photonics and fiber optics to obtain images never before possible. Operating similar to ultrasound, but using light instead of sound, OCT has an image resolution of 8-25 times greater than any other existing imaging modality. OCT is also being researched in the field of cancer detection where it is ideally suited because of its ability to image at the cellular level. Most cancers begin as malformed cells and if caught early, may be curable. However, cells are too small to be imaged by existing medical imaging technologies. OCT is ideal for imaging in the gastrointestinal and in certain situations eliminates the need for biopsy due to its ultra-high resolution. Lantis intends participating in research on the early detection of oral cancers.
Lantis Laser Inc. is focused on developing its exclusive OCT Dental Imaging System™ for use in general dentistry under License from Lawrence Livermore National Laboratory and LightLab Imaging. Lantis was formed to commercialize the application of novel technologies in the dental industry. The criteria for selected products include competitive edge, exclusivity and large market potential. The Company plans to launch the OCT Dental Imaging System™ in the third quarter of 2008 as its first product. Lantis has exclusive rights to the application of OCT technology in the field of dentistry under its license Agreements with Lawrence Livermore National Laboratory and LightLab Imaging. OCT was invented in the early 1990’s at the Massachusetts Institute of Technology and is currently being commercialized by Carl Zeiss Meditec, Inc. in ophthalmology and by LightLab Imaging for cardiovascular imaging.
Lexington Energy Services Inc. (OTCBB: LXES)
Lexington Energy Services Inc. (OTCBB: LXES) – Tuesday’s shares closed down 9.18% to $0.89. The volume was 68,725. Lexington Energy Services is in the process of hiring a contractor to develop another 15,000 sq ft manufacturing facility on the more than 8 acres it owns in Brooks, Alberta. “This new facility will allow us to greatly expand the rate at which we manufacture our cutting edge energy service equipment,” says Lexington Energy President Larry Kristof. “It will also offer space to house the growing family of service companies that are part of Lexington Energy.” Lexington Energy recently announced a letter of intent to acquire Brooks-based Southern Well Testing to complement the range of services it offers oil and gas companies. The city of Brooks is located two hours southeast of Calgary and is a regional hub for Alberta’s energy sector.
Lexington Energy Services Inc. is an oil field service company providing construction and leasing of custom oilfield service equipment. As Canada’s fastest growing oil field service company, Lexington Energy Services manufactures and leases innovatively designed oilfield service equipment. Through their wholly owned subsidiary, Lexcore Services Inc., the company also provides a range of drilling services to meet the growing needs of the oil and gas industry, including Alberta’s oil sands.
Endeavour Silver Corporation (AMEX: EXK)
Endeavour Silver Corporation (AMEX: EXK) – Tuesday’s shares decreased 10.32% to $4.52. 400,700 was the volume. Endeavour Silver announced on February 27th that it acquired the exploitation contracts to the producing Unidad Bolanitos silver (gold) mines and plant located in the northern parts of the famous Guanajuato and La Luz silver districts in the state of Guanajuato, Mexico. Endeavour signed a binding initial agreement to purchase the Unidad Bolanitos exploitation rights from Minas de la Luz SA de CV (”MdlL”) for US$3.25 million, comprised of US$2.25 million in cash and US$1.0 million in common shares of Endeavour. The number of shares will be determined by the average closing price on the AMEX exchange for the five days prior to closing. This transaction is scheduled to close on March 31, 2007, upon the signing of definitive agreements, subject only to Endeavour’s final due diligence and Endeavour Board of Directors and regulatory approvals.
Endeavour Silver Corporation is a small-cap silver mining company focused on the growth of its silver production, resources and reserves in Mexico. The expansion plan now underway at the high grade, Guanacevi mines project in Durango should propel Endeavour into the ranks of the top 5 primary silver producers in the world. Endeavour stands out from other primary silver companies for its high silver grades (+15 oz. per ton), its high silver leverage (+90%), the substantial exploration upside of the Santa Cruz property (+30 million oz), the potential capacity of the Guanacevi plant and the organic growth potential of these core assets.
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