Wineco Productions, Inc. Gold Extraction Business to Benefit From Price Increase of Gold
14 Décembre 2005 - 5:32PM
PR Newswire (US)
SUNRISE, Fla., Dec. 14 /PRNewswire-FirstCall/ -- Wineco
Productions, Inc. (OTC:WNCP) announces that the company's business
will benefit, as the price of gold and other precious metals
continue to rise. Wineco continues to acquire mines and mining
rights. The recent increases in gold prices serve to enhance the
value of Wineco properties and agreements with miners for chemical
extraction, utilizing chemical extraction of what has been a
non-recoverable recovery. Mine tailings which have been overlooked
in the past because of a lacking method of a recovery has now
become reality for the recovery micron gold and other precious
metals. Recently tests at the Wineco pilot plant have produced
values varying from 5 oz. to 40 oz's of gold per ton of tailings
from different mines, utilizing chemical recovery. The huge
increase in gold price serves to assure large profits from what has
been considered waste. Profits that are generated from waste that
produce gold at a low cost and is environmentally safe, is a huge
incentive to continue to acquire various mine sites, both active
and inactive or abandoned. Gold is the most rapidly growing in
price of any commodity and approaching an all time high. Wineco
continues to out produce any method presently being used. Wineco is
continuing to purchase stock in the market and hopes to acquire up
to 25% of the outstanding stock over the short time period.
Forward-looking statements are based on current expectations and
assumptions that are subject to certain risks and uncertainties
that could cause actual results to differ materially from WNCP's
historical experience and its projections. Such forward-looking
statements are inherently uncertain, and actual results may differ
from those expressed or implied in the forward-looking statements.
Consequently, readers are cautioned not to place undue reliance on
any forward-looking statements, which speak only as of the date
they are made. Contact: Larry Nelson at Wineco for further facts.
(954-316-1326) DATASOURCE: Wineco Productions, Inc. CONTACT: Larry
Nelson of Wineco Productions, Inc., +1-954-316-1326
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