SOURCE: Wall Street Press Wire

Wall Street Press Wire

June 18, 2008 08:38 ET

Breaking News Alert: GYGC!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Press Wire.

MIAMI, FL--(Marketwire - June 18, 2008) - Wall Street Press Wire ( is pleased to highlight its "stocks on the move" for Wednesday. Our list includes: Guyana Gold Corp. (PINKSHEETS: GYGC), Apple Inc. (NASDAQ: AAPL), Elan Corporation, plc (NYSE: ELN) and Mentor Graphics Corporation (NASDAQ: MENT).

Having reported last week it has received a joint venture proposal to develop the Port Kaituma Gold Project, Wall Street Press Wire is initiating its in-depth coverage of Guyana Gold Corp. (PINKSHEETS: GYGC), a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties.

Tuesday after the markets closed, the company issued an important press release announcing an update on the process of the non-brokered private placement, that is subject to market and other conditions, of a $500,000 USD aggregate principal amount of its common stock at $0.50 USD per share for a total of 1,000,000 shares. The company had expected to close the entire funding by mid-June, but now will fund $250,000 USD by the end of June, and the remaining $250,000 USD by mid-July 2008.

As stated earlier, the proceeds of this offering will be used to fund the Company's operations in Guyana, including, but not limited to, the company's drilling and exploration program, purchasing additional mining properties, entering into joint ventures, increasing production and sampling.

The release states that update on the company's current production is 100 ounces of gold per month, and it recently announced the purchase of additional equipment to increase its production to about 250 ounces per month.

There has been a stream of positive news coming from the company. Last week, the company announced it has received a joint venture proposal to develop the Port Kaituma Gold Project. The proposal would expand the company's land position and increase the scale of the Port Kaituma project. The new joint ownership presents an excellent opportunity for Guyana Gold Corp. to increase revenue, expand mine life and accelerate the capital recovery costs of modernizing the Port Kaituma mine.

Wall Street Press Wire's in-depth profile for Guyana Gold Corp. is available at:

The stock closed Tuesday at Forty-Two cents a share.

About the company: Guyana Gold Corp. is a junior mineral exploration company that specializes in identifying, acquiring and developing precious and base metal properties as well as assessing whether certain claims possess exploitable commercial and precious mineral reserves. The Company's objective is to develop a balanced global portfolio of early-to-advanced stage projects. Guyana is currently focused on gold projects in the Caribbean. In Guyana, the Company's key mineral project is located in the region of Port Kaituma.

Apple Inc. (NASDAQ: AAPL) up 2.6% on 32.1 million shares traded.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.

Elan Corporation, plc (NYSE: ELN) up 10.6% on 30.4 million shares traded.

Elan Corporation, plc is a neuroscience-based biotechnology company committed to making a difference in the lives of patients and their families by dedicating itself to bringing innovations in science to fill significant unmet medical needs that continue to exist around the world.

Mentor Graphics Corporation (NASDAQ: MENT) up 21.4% on 10.5 million shares traded.

Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world's most successful electronics and semiconductor companies.

Wall Street Press Wire:

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for Guyana Gold Corp. (PINKSHEETS: GYGC), WSCF has been compensated Twenty Seven Thousand dollars, by a third party (Alex Inc.), who is non-affiliated and may hold a significant position in the stock. WSCF has also been compensated Four Hundred Thousand shares of Guyana Gold Corp, by a third party (Nikolas Capital Inc.), who is non-affiliated and may hold a significant position in the stock. However, WSCF returned Two Hundred and Fifty Thousand of those shares to the original third party. WSCF now holds Seventy Three Thousand, Three Hundred and Thirteen of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF was also previously compensated in 2008, Ten Thousand Dollars for services performed for Guyana Gold Corp. (PINKSHEETS: GYGC), by a separate third party, who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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