StockProfit.com Announces Profile Coverage of Eagle Ventures Int’l. (Pink Sheets: EGVI). EGVI to Enter Fast-Growing United States VoIP Market
StockProfit.com also announces New Chart of the Week (NYSE: KGC)
(EMAILWIRE.COM, January 15, 2008 ) Los Angeles, CA ---January 15th, 2008 ---- StockProfit.com today announced it has begun profile coverage of Eagle Ventures International's (Pink Sheets: EGVI). The entire profile can be viewed at http://www.stockprofit.com/company.
Eagle Ventures International announced today that its wholly-owned subsidiary TelExtreme will be offering its first voice-over-Internet-protocol (VoIP) services within the United States by January 31st. The decision to enter the fast-growing U.S. VoIP market is part of a growth initiative aimed at increasing the company's revenues to over $60 million for 2008.
TelExtreme intends to reproduce in the U.S. the very sales/marketing model that has generated great success in overseas markets, where sales rose from $30.1 million in 2006 to a projected $40+ million in 2007, with the increase being primarily attributable to penetration into the Mexican and Latin
American markets. In addition to its projected U.S. expansion, the company anticipates growth opportunities stemming from the organic increase of consumer interest in VoIP-based telephone services.
TelExtreme President, Timothy Langston states, "There are expected to be between 21 million and 24 million VoIP users by the end of 2008 in the United States alone. By the end of 2010, that number could be 30 million or more. Now is the right time to start positioning TelExtreme to capture that growth."
Analysts estimate the VoIP industry in the United States generated about $3 billion in sales in 2007. By 2010, experts feel the industry could be driving anywhere from $4 billion to $10 billion in annual sales. Timothy Langston added, "Our entry into the U.S. is not only an exciting time for our company, but also our shareholders. We expect our sales process, which is through individuals to individuals -- rather than through a corporate phone number or corporate website -- will appeal to U.S. consumers. Too many current and potential VoIP subscribers in the U.S. have had less than a great experience with their choice of providers. We are firmly convinced the TelExtreme option offers many things customers want, but aren't currently getting. As such, we look forward to substantial revenue growth from our U.S. operations."
The growth opportunity isn't limited to just residential plans. A recent study found that while most plan on doing so, only about 25% of small business owners have converted their telephone service to a VoIP plan.
For more information about TelExtreme visit: http://www.telextremeglobal.com/
StockProfit.com also reports on up-and-coming momentum stocks, and on Monday, Tony Golan, StockProfit.com’s Chief Technical Analyst, featured Kinross Gold Corporation (OTCBB: KGC) as the StockProfit.com Chart of the Week for the week starting January 14th, 2008.
Mr. Golan stated “Kinross Gold (NYSE: KGC) is starting a strong new long-term up-trend. KGC spent most of the past year in a broad sideways consolidation pattern, oscillating above and below the 200-day moving average (the red line in the chart above) without sustaining movement in either direction for very long. However, in mid-August, KGC hit a low of 9.87 and started trending back up, hitting a high of 23.21 on Friday. Relative Strength Differential (RSD), our proprietary indicator for selecting stocks in super-strong up-trends, is well above the 25% threshold, confirming the stock’s strength and indicating it is outperforming the S&P 500 by a margin wide enough to be considered as a candidate for a buy”.
For the full details, visit http://www.stockprofit.com/chart
Recent KGC news
VANCOUVER, BRITISH COLUMBIA, Jan 14, 2008 -- B2Gold Corp. (TSX VENTURE:BTO) ("B2Gold" or the "Company") is pleased to announce the following update in the affairs of the Company. B2Gold commenced trading on the TSX Venture Exchange and completed a $100 million Initial Public Offering on December 6th, 2007. B2Gold was founded by the former management team of Bema Gold Corporation ("Bema") which grew from a junior explorer to an international gold producer that was acquired by Kinross Gold Corporation ("Kinross") through a CDN$3.5 billion transaction in February 2007. The Company's corporate objective is to capitalize on the extensive experience and relationships that its management team has developed in the mining industry over the past 25 years to build an intermediate gold company through exploration and acquisitions. B2Gold has amassed interests in a portfolio of exploration properties in Colombia and Far East Russia.
2008 Exploration Programs
In Colombia three gold properties; Quebradona, Gramalote and Miraflores, will be drilled in 2008 (for further details on these proprieties please refer to the press release dated 12/06/07). At Quebradona, an initial 5,500 metre (m) stage I drill program designed to test five areas with emphasis on the Aurora zone (3,000 m drilling) will commence in February. The 6 by 4 kilometre (km) wide Quebradona district hosts five gold-bearing porphyry systems that contain widespread and consistent mineralization greater than 1.5 grams per tonne (g/t) gold (Au) in surface rock chips, with trench
sampling returning up to 41.5 m at 2.0 g/t Au in the Aurora zone.
At Gramalote a 25,000 m diamond drill program is planned to commence in February 2008 following up previous drilling (11,106 m in 38 holes) that outlined widespread structurally-controlled, intrusive-hosted gold mineralization over a one square km area that returned up to 172 m at 3.5g/t Au. The 2008 program will consist of infill drilling of the main Gramalote zone, satellite drilling of the prospective outlying targets over a 5 by 5 km area, detailed metallurgical and geotechnical studies and resource modeling.
The Miraflores property consists of a gold-bearing breccia body exposed over a 250 by 250 m area on surface that extends to at least 600 m vertical depth. Previous B2Gold drilling returned up to 124 m at 1.3g/t Au and 204 m at 1.2g/t Au. The 2008 program will consist of scoping work followed by drilling
later in the year.
In Russia, B2Gold has rights to acquire a 37.5% interest, from Kinross, in the Kupol East and West licenses in Chukotka, Russia. These licenses cover the ground surrounding, and adjacent to, the high grade Kupol gold and silver mine that was being developed by Bema at the time of the Kinross takeover. Kupol is scheduled to commence production in the second half of 2008.
Previous exploration work carried out by Bema and most recently by B2Gold on the Kupol East and West licenses have outlined several mineralized targets. Exploration consisting of 9,000 m of diamond drilling, trenching, geological mapping and sampling will commence in March on the Kupol East and West projects. B2Gold is the exploration operator for the joint venture on these licenses.
About StockProfit.com
StockProfit.com specializes in using technical analysis to identify stocks in particularly powerful up-trends, then pinpoint the optimal time to enter these stocks. Additionally, StockProfit.com is an online resource for aggressive risk-tolerant market participants who wish to learn about select growth companies and other ideas that could offer potentially superior investment returns. Research and due diligence tools such as Company Profiles, Technical Trading Alerts, detailed investment opinion reports, and regular email updates of Featured Companies are some of the services we provide to our readership. For more information, visit http://www.stockprofit.com
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Special Offer: The StockProfit Momentum Stock Trader by Tony Golan is a nightly email letter, including broad market analysis, intermediate-term trades, swing trades and daytrades. All trades include clear, concise trading instructions, spelling for you exactly where to buy, how to place your order, where to place your protective sell-stop and when to sell. The Momentum Stock Trader concentrates only on the strongest momentum stocks in the market. Subscribe now and begin benefiting from the strong stocks uncovered by Tony Golan’s RSD indicator at http://www.stockprofit.com/trades
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Disclaimer: Copyright© 2008 StockProfit™. All rights reserved. StockProfit™ is an independent electronic publication providing information on select public companies. StockProfit™ is not a registered investment advisor or broker-dealer. There is a risk of loss in all of trading. Past performance is no indication, nor guarantee of future results. The information contained herein is believed to be accurate. This update is provided as an information service only, and the statements and opinions in this update should not be construed as an offer or solicitation to buy or sell any security. In no event shall StockProfit™ and/or its publisher, P.A. Relations or any of its employees or affiliates, be liable for any direct, incidental, consequential, indirect or punitive damages whatsoever arising out of the use of the Information, or for any errors or omissions in the content thereof, including, but not limited to, from any investment loss, damage or expense incurred by any investor resulting from the Information, or from the purchase or sale of any profiled company or any company which we make commentary. We recommend using good-'till-cancelled stop orders to minimize losses in the event of an adverse price movement. We have not been compensated by company(ies) mentioned above in any way except for the following : Eagle Ventures International (Pink Sheets:EGVI ) we have been compensated $ 20,000 by a third party for Profile Coverage. We do not hold any positions whatsoever in the above mentioned company(ies).
CONTACT: Alan Klitenic , P.A. Relations TEL: 818 334 4469 EMAIL: amk@stockprofit.com
Eagle Ventures International announced today that its wholly-owned subsidiary TelExtreme will be offering its first voice-over-Internet-protocol (VoIP) services within the United States by January 31st. The decision to enter the fast-growing U.S. VoIP market is part of a growth initiative aimed at increasing the company's revenues to over $60 million for 2008.
TelExtreme intends to reproduce in the U.S. the very sales/marketing model that has generated great success in overseas markets, where sales rose from $30.1 million in 2006 to a projected $40+ million in 2007, with the increase being primarily attributable to penetration into the Mexican and Latin
American markets. In addition to its projected U.S. expansion, the company anticipates growth opportunities stemming from the organic increase of consumer interest in VoIP-based telephone services.
TelExtreme President, Timothy Langston states, "There are expected to be between 21 million and 24 million VoIP users by the end of 2008 in the United States alone. By the end of 2010, that number could be 30 million or more. Now is the right time to start positioning TelExtreme to capture that growth."
Analysts estimate the VoIP industry in the United States generated about $3 billion in sales in 2007. By 2010, experts feel the industry could be driving anywhere from $4 billion to $10 billion in annual sales. Timothy Langston added, "Our entry into the U.S. is not only an exciting time for our company, but also our shareholders. We expect our sales process, which is through individuals to individuals -- rather than through a corporate phone number or corporate website -- will appeal to U.S. consumers. Too many current and potential VoIP subscribers in the U.S. have had less than a great experience with their choice of providers. We are firmly convinced the TelExtreme option offers many things customers want, but aren't currently getting. As such, we look forward to substantial revenue growth from our U.S. operations."
The growth opportunity isn't limited to just residential plans. A recent study found that while most plan on doing so, only about 25% of small business owners have converted their telephone service to a VoIP plan.
For more information about TelExtreme visit: http://www.telextremeglobal.com/
StockProfit.com also reports on up-and-coming momentum stocks, and on Monday, Tony Golan, StockProfit.com’s Chief Technical Analyst, featured Kinross Gold Corporation (OTCBB: KGC) as the StockProfit.com Chart of the Week for the week starting January 14th, 2008.
Mr. Golan stated “Kinross Gold (NYSE: KGC) is starting a strong new long-term up-trend. KGC spent most of the past year in a broad sideways consolidation pattern, oscillating above and below the 200-day moving average (the red line in the chart above) without sustaining movement in either direction for very long. However, in mid-August, KGC hit a low of 9.87 and started trending back up, hitting a high of 23.21 on Friday. Relative Strength Differential (RSD), our proprietary indicator for selecting stocks in super-strong up-trends, is well above the 25% threshold, confirming the stock’s strength and indicating it is outperforming the S&P 500 by a margin wide enough to be considered as a candidate for a buy”.
For the full details, visit http://www.stockprofit.com/chart
Recent KGC news
VANCOUVER, BRITISH COLUMBIA, Jan 14, 2008 -- B2Gold Corp. (TSX VENTURE:BTO) ("B2Gold" or the "Company") is pleased to announce the following update in the affairs of the Company. B2Gold commenced trading on the TSX Venture Exchange and completed a $100 million Initial Public Offering on December 6th, 2007. B2Gold was founded by the former management team of Bema Gold Corporation ("Bema") which grew from a junior explorer to an international gold producer that was acquired by Kinross Gold Corporation ("Kinross") through a CDN$3.5 billion transaction in February 2007. The Company's corporate objective is to capitalize on the extensive experience and relationships that its management team has developed in the mining industry over the past 25 years to build an intermediate gold company through exploration and acquisitions. B2Gold has amassed interests in a portfolio of exploration properties in Colombia and Far East Russia.
2008 Exploration Programs
In Colombia three gold properties; Quebradona, Gramalote and Miraflores, will be drilled in 2008 (for further details on these proprieties please refer to the press release dated 12/06/07). At Quebradona, an initial 5,500 metre (m) stage I drill program designed to test five areas with emphasis on the Aurora zone (3,000 m drilling) will commence in February. The 6 by 4 kilometre (km) wide Quebradona district hosts five gold-bearing porphyry systems that contain widespread and consistent mineralization greater than 1.5 grams per tonne (g/t) gold (Au) in surface rock chips, with trench
sampling returning up to 41.5 m at 2.0 g/t Au in the Aurora zone.
At Gramalote a 25,000 m diamond drill program is planned to commence in February 2008 following up previous drilling (11,106 m in 38 holes) that outlined widespread structurally-controlled, intrusive-hosted gold mineralization over a one square km area that returned up to 172 m at 3.5g/t Au. The 2008 program will consist of infill drilling of the main Gramalote zone, satellite drilling of the prospective outlying targets over a 5 by 5 km area, detailed metallurgical and geotechnical studies and resource modeling.
The Miraflores property consists of a gold-bearing breccia body exposed over a 250 by 250 m area on surface that extends to at least 600 m vertical depth. Previous B2Gold drilling returned up to 124 m at 1.3g/t Au and 204 m at 1.2g/t Au. The 2008 program will consist of scoping work followed by drilling
later in the year.
In Russia, B2Gold has rights to acquire a 37.5% interest, from Kinross, in the Kupol East and West licenses in Chukotka, Russia. These licenses cover the ground surrounding, and adjacent to, the high grade Kupol gold and silver mine that was being developed by Bema at the time of the Kinross takeover. Kupol is scheduled to commence production in the second half of 2008.
Previous exploration work carried out by Bema and most recently by B2Gold on the Kupol East and West licenses have outlined several mineralized targets. Exploration consisting of 9,000 m of diamond drilling, trenching, geological mapping and sampling will commence in March on the Kupol East and West projects. B2Gold is the exploration operator for the joint venture on these licenses.
About StockProfit.com
StockProfit.com specializes in using technical analysis to identify stocks in particularly powerful up-trends, then pinpoint the optimal time to enter these stocks. Additionally, StockProfit.com is an online resource for aggressive risk-tolerant market participants who wish to learn about select growth companies and other ideas that could offer potentially superior investment returns. Research and due diligence tools such as Company Profiles, Technical Trading Alerts, detailed investment opinion reports, and regular email updates of Featured Companies are some of the services we provide to our readership. For more information, visit http://www.stockprofit.com
-----------------------------------------------------------------------------------------------------
Special Offer: The StockProfit Momentum Stock Trader by Tony Golan is a nightly email letter, including broad market analysis, intermediate-term trades, swing trades and daytrades. All trades include clear, concise trading instructions, spelling for you exactly where to buy, how to place your order, where to place your protective sell-stop and when to sell. The Momentum Stock Trader concentrates only on the strongest momentum stocks in the market. Subscribe now and begin benefiting from the strong stocks uncovered by Tony Golan’s RSD indicator at http://www.stockprofit.com/trades
-----------------------------------------------------------------------------------------------------
Disclaimer: Copyright© 2008 StockProfit™. All rights reserved. StockProfit™ is an independent electronic publication providing information on select public companies. StockProfit™ is not a registered investment advisor or broker-dealer. There is a risk of loss in all of trading. Past performance is no indication, nor guarantee of future results. The information contained herein is believed to be accurate. This update is provided as an information service only, and the statements and opinions in this update should not be construed as an offer or solicitation to buy or sell any security. In no event shall StockProfit™ and/or its publisher, P.A. Relations or any of its employees or affiliates, be liable for any direct, incidental, consequential, indirect or punitive damages whatsoever arising out of the use of the Information, or for any errors or omissions in the content thereof, including, but not limited to, from any investment loss, damage or expense incurred by any investor resulting from the Information, or from the purchase or sale of any profiled company or any company which we make commentary. We recommend using good-'till-cancelled stop orders to minimize losses in the event of an adverse price movement. We have not been compensated by company(ies) mentioned above in any way except for the following : Eagle Ventures International (Pink Sheets:EGVI ) we have been compensated $ 20,000 by a third party for Profile Coverage. We do not hold any positions whatsoever in the above mentioned company(ies).
CONTACT: Alan Klitenic , P.A. Relations TEL: 818 334 4469 EMAIL: amk@stockprofit.com
Contact Information:
P.A. Relations
Alan Klitenic
Tel: 818-334-4469
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
P.A. Relations
Alan Klitenic
Tel: 818-334-4469
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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