Thursday, April 26th Stock Trading Alert
NOTE TO EDITORS: The Following is an Investment Opinion Being Issued by eLocity Inc.
SARASOTA, FL–(rushprnews)–Apr 26, 2007 — eLocity’s stocks to watch for today are — Trend Exploration, Inc. (Other OTC:TRDX.PK – News), Golden Phoenix Minerals, Inc. (OTC BB:GPXM.OB – News), Cyberlux Corporation (OTC BB:CYBLE.OB – News), Kodiak Energy, Inc. (OTC BB:KDKN.OB – News).
Investors, have a look at Trend Exploration, Inc. (Other OTC:TRDX.PK – News), a U.S.-based junior mineral exploration company. On Wednesday the company announced details surrounding potential resources of its recently optioned Kurchum River Gold Property in the eastern province of Kazakhstan.
This could be good news for investors, as according to the company, the Kurchum area has been known as a gold producing center for several centuries, with most of the gold reportedly being won from narrow vein quartz and quartz-carbonate systems. Trend said that Gold production from the area has ranged from 52 kilograms to 240 kilograms annually, averaging 144.6 kilograms (5,100 oz) since 1979. Kazakhstan and the Kurchum region are rich in mineral resources ranging from metallic deposits to energy minerals and non-metallic industrial mineral commodities, the company added.
Trend Exploration also stated that nearby Ivanhoe Mines, Bakyrchik Gold Mine (70% ownership) contains an estimated 13.2 million ounces of gold, from which Ivanhoe plans to initially produce 50,000 ounces of gold per year. The company noted that the largest gold producer in Kazakhstan, privately owned KazakhGold Group, claims to have an estimated 46 million ounces in reserves.
The Kurchum Gold Property, consisting of 303 square kilometers in area, is considered to have the highest priority for investment and exploration. Trend explained the Kurchum geology is favorable for the discovery of significant hard rock gold mineralization which may be of a hydrothermal or Carlin-type. Underlain by a multi-stage Narym granite including metasediments, lavas and pyroclastic formations, the area is also in the vicinity of major northwest-southeast striking structures, which generally characterizes other gold-bearing regions in Kazakhstan. The main geological structure containing gold mineralization may continue for an overall strike length of 23 kilometers.
Trend also said that a preliminary independent economic appraisal shows the in situ gold placer reserves are worth around US $43.5 million, assuming 100 percent recovery. With operating costs provisionally estimated at US $7.8 million and a capital provision made of US $8.5 million, the company said the provisional net value is estimated at US $27.2 million.
Trend Exploration said the placer deposits have an identified resource base (C1+C2) of 2,079.7 kilograms (67,000 ounces) of gold which is equivalent to an Indicated and Inferred resource under the internationally accepted JORC Resources and Reserves Classification system. The hardrock mineralization (P1 + P3) rated as potential resources in excess of 10 million ounces of gold.
Trend continued by saying the company is also seeking out additional interests in the eastern province of Kazakhstan, an area noted for its gold output potential, and continues to evaluate other mineral properties for potential acquisition or joint venture opportunities in Mexico.
Trend Exploration, Inc. (Other OTC:TRDX.PK – News) closed Wednesday at $0.52, up 2 cents.
Other stocks to watch:
Golden Phoenix Minerals, Inc. (OTC BB:GPXM.OB – News) announced on Wednesday that the company had entered into a $6 million equity private placement with institutional and accredited investors in Canada and the United States. The company said it plans to use the proceeds to accelerate exploration, development and production at its portfolio of molybdenum and gold properties, and for general corporate purposes.
GPXM closed Wednesday at $0.393.
LED lighting solutions provider Cyberlux Corporation (OTC BB:CYBLE.OB – News) announced on Wednesday that it had received orders from the National Guard Bureau for two of the company’s BrightEye Visible and Covert Portable Illumination Systems. Cyberlux said it had developed the system to address the need for portable, battery-powered visible and covert lighting systems within most sectors of the United States Armed Forces.
CYBLE closed Wednesday at $0.01.
Shares of Kodiak Energy, Inc. (OTC BB:KDKN.OB – News) gained over 16 percent, or 51 cents, on Wednesday on strong volume of over 3.19 million shares. The Company had recently announced that its North West Territories Little Chicago Seismic Program for 2007 is complete, and said the seismic data is being processed with the results expected to be released in 4 to 6 weeks, followed up by an engineering review by June 30.
KDKN closed Wednesday at $3.55.
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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, here after referred to as “the company.” The company received compensation for this service for TRDX (Public Company). The compensation is $1,000 from a non affiliated third party, Alex Consulting, Inc. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication 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. All statements of opinions, if any, (Our Summary) are those of the company.
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eLocity Inc.
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Thomas Clay
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