SARASOTA, Fla., May 11, 2004 (PRIMEZONE) -- The following is an investment opinion issued by eLocity Inc.: Delta Mining and Exploration Corporation, (Pink Sheets:DMXP), Senetek PLC (Nasdaq:Sntk) and SIRIUS Satellite Radio (Nasdaq:SIRI).
You like them cheap? Investors may want to swing over and check out a still little known mineral exploration company trading at around .02 a share. The company known as Delta Mining and Exploration Corporation, (Pink Sheets:DMXP), has an extensive portfolio of diamond and gold properties throughout the state of Montana, and in Bolivia, South America. Yesterday after the markets closed, Delta announced the first stages of a work program for their Homestead property in Montana. Preliminary exploration completed on the property by Delta outlined a kimberlite diatreme covering a surface area of approximately 1,500 feet x 500 feet. Of the samples taken and tested, one resulted in the discovery of a micro-diamond. According to Dr. Anthony Irving of The University of Washington, an expert in the field of diamond exploration and analysis, "The Homestead Kimberlite is one of the most exciting new finds in North America." Have a look at Delta Mining and Exploration Corporation today.
One Nasdaq stock that saw some heavy trading Monday was Senetek PLC (Nasdaq:SNTK), a healthcare technologies company focused on developing and co-marketing products for the anti-aging markets worldwide. On Monday Senetek announced that its lead Kinetin licensee, Valeant Pharmaceuticals International (NYSE:VRX), has been granted the right to an exclusive worldwide license in all classes of trade for Senetek's patented cytokinin Zeatin, a naturally-occurring analogue of Kinetin, or another proprietary compound, on substantially the same commercial terms as the license agreement under which Valeant markets its Kinerase(R) brand of Kinetin dermatological products. Investors loved the news as SNTK saw some heavier than usual volume Monday of 19,381,510 to end at $0.79, UP .17 (27.42%).
Monday's big volume winner was SIRIUS Satellite Radio (NASDAQ:SIRI), SIRIUS will reveal rollout plans for the EchoStar-SIRIUS entertainment alliance with EchoStar Communications Corporation (Nasdaq: DISH). SIRI traded volume Monday of 89,801,679 to end at $2.94, Down 0.24 (7.55%).
About eLocity Inc: eLocity owns and operates three financial websites for investors.
-- Bell2Bell.com, http://www.bell2bell.com/. Bell2Bell features news stories, rumors, the InvestBoard and more.
-- PennyPicks.com, http://www.pennypicks.com/. Featuring active message boards for the penny stock trader, rumors and more.
-- StockGrid.com, http://www.stockgrid.com/. Visit this site for our daily top stock "GRID Makers". We rank stocks on volume, message board activity, sentiment and trend forecast.
Sign up for FREE at any of the sites above.
The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company". The company received compensation for this newsletter service for Delta Mining and Exploration Corp. only. The compensation is fifteen thousand dollars from a non-affiliated third party Alex Consulting Inc. Because the company is receiving 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.
The company relies exclusively on information gathered from the client, public filings on client, press releases and client's web site. Investors should use the information contained in this publication as a starting point for conducting additional research on the featured client in order to allow the investor to form his or her own opinion regarding the featured clients. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.
Investment in the clients reviewed is speculative and a high-risk and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended.
The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.