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Tue, 27 Jun 2006 12:12:37 -0060
Our Pick For The week of Monday 26th of June
Already up 0.30 in the last 3 days of trading!
Falcon Energy, Inc.
F C Y I
5 Day Expected 2.90
Market Plus Top four Pick
There is a big PR campaign running!
Is FCYI Ready To Go? We say yes. If You Think So, You Know what to Do...
Falcon Energy, Inc. Announces 100% Acquirement of Mongolian Mineral Exploration
Friday June 9, 4:00 pm ET
5VANCOUVER, British Columbia--(BUSINESS WIRE)--June 9, 2006--Falcon Energy,
Inc. (Pink Sheets:FCYI - News) is pleased to announce that it has fully
acquired the exploration licenses for five mining properties in the mineral
rich region of Mongolia. Management felt that the opportunity presented by
these properties was significant enough to forgo a planned participation by a
second resource company. These licenses will be held for a minimum of three
years and grant Falcon Energy Inc. access to the mineral rights for the
Mongolia has a wide variety of mineral resources. As of 1998, about 88% of the
country had been geologically mapped but only 20% of the country's landmass had
been licensed for exploration and exploitation.
Falcon Energy's interest in the region is driven in part by the anticipation of
deploying modern prospecting methods to an area that abounds in both base and
precious metals. Exploitable mineral resources found in the area in which the
licenses are held include: Gold, base metals such as Copper, Molybdenum, Lead
and Zinc as well as Fluorite and Uranium.
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