hi all,LETS WE DISCUSS !!!!!!!!!!!!
GL Energy and Exploration, Inc. (OTCBB:GEEX) is a development stage mining exploration company. GEEX holds a 60% ownership stake in 2 Chilean mining properties, covering an area of over 12 square miles, jointly referred to as the “La Barca-Choapa Project.” These properties have extensive proven deposits of gold, titanium, rutile, zircon, magnetite, ilmenite, nickel and others.
MARKET ADVISORS RESEARCH
Technical Analysis For Today’s Investments”
June, 2003
NEWS FLASH: Because precious metals are a commodity and subject to cyclical movements, timing is very important to investors. Technical analysis makes a strong case that Gold has the potential to rise to the $1,000 level over the next few years. GL Energy & Exploration stock (GEEX) offers investors a way to diversify.
Stock Symbol GEEX.OB
Shares outstanding 24,040,083
Float 4,040,083
Recent price $0.27
Short term price $1.25
Intermediate term price $3.00 to $4.00
Web site - www.glmining.com
Investor Relations 888-821-6607
GL Energy and Exploration Inc’s., net profits on both of their Chilean mining properties before taxes on the life of the minds expected to be over $4.3 BILLION. GEEX expects to be in production within 3 to 6 months
GL Energy and Exploration, Inc.
GEEX.OB
This week’s profile is on a dynamic company that operates in a very “interesting” industry – mining exploration. GL Energy and Exploration, Inc. was incorporated in the state of Delaware on October 7, 1998 under the name LRS Incorporated. On October 15, 1998, the name of the corporation was changed to LRS Capital, Inc. On June, 2003 the name of the Corporation was changed to what it is today. Located in Vancouver BC, Canada. The company is engaged in the exploration of mining prospects with tungsten mineralization located in the United States. Tungsten is considered to be an important industrial metal. Some of the more common uses include its utilization with other metals to provide strength and wear resistance for various kinds of tools used in construction, mining and metalworking. The metal is superior to lead or uranium and this has many uses.
GL Energy and Exploration, Inc. is a development stage mining exploration company. Currently, they own a 60% ownership stake in 2 Chilean mining properties covering an area of over 12 square miles, jointly referred to as the “La Barca-Choapa Project.” These properties have already proven to have extensive deposits of gold, titanium, rutile, zircon, magnetite, ilmenite, nickel and others.
We like GEEX at current levels, because it appears the stock is extremely undervalued due in part to its projected revenues as well as other technical factors. It is reasonable to expect that this stock could test previous levels over the intermediate-term near that were seen last fall around $3.00-$4.00 area. This will be contingent on the Company securing adequate financing for production.
Corporate Updates
Investment Highlights
· The Company has interests in mines that have known deposits
· The business plan is clear and focused
· Experienced management team with extensive knowledge in the mining sector
· Precious metals prices are high in many cases due to demand
Evidence suggests that the price of Gold bottomed over a year ago and this market is in the early stages of a new multi-year bull market. The price of Silver is at a 6 year low when adjusted for inflation. Ownership of GL Energy & Exploration stock provides an alternative to owning gold and silver bullion or even coins.
The potential for appreciation from current levels in the value of GEEX shares is a real possibility now. Gold is not just for jewelry, but also for use in electronics, computer components and space exploration. Today, more and more investors around the world are turning to precious metals as an alternative investment. In turn, Gold stocks to name one are now looking more attractive. There are many undervalued stocks in this sector presently and GEEX is no exception.
Analyst
Jeff Helleberg has over twenty years in the business and has been lead analyst for Market Advisors since 1985. Mr. Helleberg has been frequently quoted in a wide array of publications such as the Wall Street Journal, Barrons, Investors Business Daily, The Dick Davis Digest and many more. Jeff was the editor of the Marketarian Letter, a nationally syndicated stock market newsletter for over 14 years.
June 26th 2003 Press Release
Market Advisors Initiates Coverage on GL Energy and Explorations Inc.: Short Term Target Price of US $1.25
VANCOUVER, British Columbia, Jun 26, 2003 (BUSINESS WIRE) -- GL Energy and Explorations Inc. (OTCBB: GEEX ) is pleased to announce that Market Advisors initiates coverage of GL Energy and Explorations Inc., Mr. Jeff Helleberg confirms positive outlook on GEEX based on his analysis of the Company's projected growth and fundamentals.
Mr. Jeff Helleberg is the lead analyst of Market Advisors, a company that has been in business since the 1970s. During the late 1980s and through the 1990s, Mr. Helleberg was the editor and chief of the nationally syndicated Marketarian Newsletter. Under Mr. Helleberg's guidance, the Marketarian was rated numerous times by the Wall Street Journal, Hubert Financial Digest and the Timer Digest, among others, as one of the best market timers, top bond timers and having one of the best model portfolios.
Mr. Helleberg stated, "We like GEEX at current levels, because it appears the stock is extremely undervalued due in part to its projected revenues as well as other technical factors. It is reasonable to expect that this stock could test previous levels over the intermediate-term near that were seen last fall around $3.00-$4.00 area. This will be contingent on the Company securing adequate financing for production."
CEO and President Don Byers stated, "We are very pleased that Market Advisors has issued a strong and positive opinion on our Company. We are excited that those in the investment community have begun to take notice and will be monitoring our growth. We share their excitement about the future prospects of the gold and tungsten mining industry."
GL Energy and Explorations Inc's., primary objective is to enhance its share value by increasing its gold ore reserves, joint venturing with other gold mining companies, and to begin producing gold at an above average profit. GEEX is aggressively pursuing the acquisition or merger businesses.
Certain of these statements contained in the press release may be deemed forward-looking statements. Such statements, and other factors that could cause actual results to differ materially from these statements and matters are the risks that other factors detailed from time to time, in the Company's reports with Securities and Exchange Commissions, including, but not limited to, the Company's Annual Report on Form 10-K and its Quarterly Reports of Form 10-Q.
SOURCE: GL Energy and Explorations Inc.
CONTACT: Pacific Bay Financial Corporation
Investor Relations for GL Energy & Explorations Inc.
Mike Skerry, 888/821-6607
Email: maskerry@shaw.ca
Website: www.pacbayfinancial.com