MISSISSAUGA, Ontario, Oct. 31, 2006 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Greg Moses, an AllPennyStocks.com News Reporter, this one discussing North American Gem, Inc. (TSX-V:NAG), its industry and future prospects.
Mining for Uranium, Molybdenum and other core metals including Copper and Gold are noble endeavors for the junior exploration company, North American Gem, Inc. With market capitalization of 10.1 million and outstanding shares of 46 million, the Vancouver B.C. based company has extensive operations in Alberta and British Columbia that span six mining projects.
The value of Molybdenum has skyrocketed in recent years due to increased industrial uses and remains at a very steady plateau. The stability of the metal in the metals markets compared to gold. For example, it is partly a result of "Moly" being a rather thinly traded metal. The metal has risen from $2.00 per pound in the year 2000 to approximately $27.00 per pound by the third quarter of 2006.
The full version of this special report on NAG can be found at: http://www.allpennystocks.com/apsc/can/article/nag_oct_30_2006.htm
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Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on North American Gem, Inc. (TSX-V:NAG), the compensation is four thousand eight hundred dollars by the company for its efforts in presenting the NAG profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the main disclaimer at http://www.allpennystocks.com/apsc/can/stock_profiles/nag.htm.