MISSISSAUGA, Ontario, July 27, 2006 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter, this one discussing Sao Luis Mining Inc. (Pink Sheets:SAOL), its industry and future prospects.
Wilkins notes that diamonds remain a girl's best friend, and an investor's, too. Or so a company out of Las Vegas believes, which is why Sao Luis Mining Incorporated is becoming as active as it has done recently. Sao Luis sees enormous potential for diamonds and other precious metals in Brazil, where its mining activities have been conducted, with impressive results. It is through this exploration and marketing activity that it hopes to continue its prosperity for years to come.
Wilkins also says that Sao Luis focuses on bringing diamonds and precious metals to market, seeking out and acquiring mineral assets in both North and South America. Most recently though, those efforts have been focused in Brazil, through a joint venture of which it owns a 35-percent interest, with an option to buy a 65-percent interest in a second diamond property. The Company continues to pursue undeveloped and in-production mineral assets. Rough diamond mining companies pull some 114 million carats of rough (uncut precious stone) from the earth, worth billions of dollars and providing jobs to about two million people around the globe in the processing, distributing and retailing end of jewelry.
The full version of this special report on SAOL can be found at:
http://www.allpennystocks.com/apsc/us/article/saol_july_26_2006.htm
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Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Sao Luis Mining Inc. (Pink Sheets:SAOL), the compensation is three thousand dollars by a non-affiliated third-party, BlueWave Advisors, for its efforts in presenting the SAOL profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the main disclaimer at http://www.allpennystocks.com/apsc/us/stock_profiles/saol.htm.