Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
BAY CITY, MI -- (MARKET WIRE) -- 09/06/06 -- Michigan Gold Mining Investments Inc.
(PINKSHEETS: MGGV) is pleased to announce that it has received the
geological report of the Anita Mine this morning. The report was compiled
by independent Professional Engineer Andres Vera. The report will be
translated from Spanish and reviewed by Michigan Gold's senior geologist,
Mike White. A press release will be issued Tuesday the 12th after market
close. Ben Fuschino, CEO of MGGV, would like to thank all MGGV's
shareholders for their patience.
Forward-Looking Statement
The information contained herein and regarding economic, competitive,
governmental, technological and other factors may constitute a
"forward-looking statement" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, the Private Securities Litigation Reform
Act of 1995. While the Company believes that the assumptions underlying
such
forward-looking information are reasonable, any of the assumptions could
prove inaccurate and, therefore, there can be no assurance that the
forward-looking information will prove to be accurate. Accordingly, there
may be differences between the actual results and the predicted results,
and actual results may be materially higher or lower than those indicated
in the forward-looking information contained herein. This release contains
forward-looking statements with respect to the results of operations and
businesses of Michigan Gold Mining Investments Inc., which involve risks
and uncertainties. The company's actual future results could materially
differ from those discussed. Risks and uncertainties of the company will be
detailed from time to time in the company's periodic reports. The company
intends that such statements about the company's future expectations,
including future revenues and earnings, and all other forward-looking
statements, be subject to the "safe harbor" provision of the Private
Securities Litigation Reform Act of 1995.
About Michigan Gold Mining Investments Inc.
Michigan Gold Mining Investments Inc. is an American junior mineral
exploration company presently in the process of developing mineral assets
in North and South America.
Michigan Gold Mining Investments Inc. currently retains a one hundred
percent (100%) title to a Platinum/Palladium prospect in Northern Ontario,
named the "Deadmoose Lake" property. Michigan also holds a 100% interest in
the nickel/chromium project, the Sheba property which is also in Northern
Ontario.
Michigan Gold also holds an option on the Anita Mine in Peru. This mine is
expected to have workable deposits of precious and industrial metals.
Michigan Gold is now in the process of defining these potential deposits.
Michigan Gold is committed to the accumulation and development of unhedged
precious metal deposit sites in both North and South America.
The company is of the opinion that the bull market in metals is a trend
that will continue over a generation. Notwithstanding, the current low
levels in Global Inventory in most metals and, most importantly, longer
term strategic considerations originating from high-growth oriented
economies in China, India and other Eastern nations has placed extreme
pressure on pricing in the metals markets. This factor, coupled with the
weakness of the US Dollar due to the USA's large budget and current account
deficits may support historically high dollar prices in metals for years to
come.
Major metals miners have hedged most producing properties and cannot
strongly benefit from rising price trends over the near term. This places
junior miners in a very advantageous position. As properties are proven
and production is ascertained to be feasible, the ability of Michigan Gold
Mining Investments to profit from these historically high metals prices
should come to fruition.
Michigan Gold Mining Investments Inc. (trading symbol MGGV) is listed on
the OTC market and has commenced the process of becoming a full reporting
US company.