DALLAS, June 21, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Enterayon, Inc. (Pink Sheets:ETYN). Enterayon engages in the exploration, acquisition, development, and mining of precious metal and other mineral properties. The company conducts various phases of mining, including early stage exploration, exploration drilling, development drilling, feasibility studies and permitting, construction, and operation of mining properties.
The company seeks to acquire, develop, and exploit natural resource properties with extensive reserves of precious metals, including gold, silver, platinum, and palladium, as well as base metals, including copper, zinc, lead, etc. Through wholly-owned Enterayon's subsidiary, North Bay Resources Inc., the company seeks to enter into long-term forward sales contracts with other mining companies and to thereby exploit arbitrage opportunities through the futures and cash markets.
Enterayon's wholly-owned subsidiary, North Bay Resources, Inc., is a pure gold company whose mission is to generate 100% of its revenue from sales of gold. By entering into long-term contracts with mining companies whose operations produce gold as a by-product from production of other metals, such as silver, copper, lead, and zinc, the company intends to arbitrage gold sales without the risk involved in mining operations. Going forward, the company intends to apply the same business plan to arbitrage forward sales of other minerals, such as silver, platinum, palladium, tungsten, molybdenum, etc.
To view the StockGuru.com Profile for Enterayon, Inc., please visit:
http://www.stockguru.com/profiles/etyn/index.php
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This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Enterayon, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Enterayon, Inc. or any other person that the objective and plans of Enterayon, Inc. will be achieved.
Disclosure: Pentony Enterprises LLC was compensated 80,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.