Wineco Productions Announces the Acquisition of Mine Tailings from World Wide Consulting
March 17 2006 - 11:28AM
Business Wire
Wineco Productions Inc. (OTC:WNCP) announces it has completed
negotiations and has acquired the mine tailing from World Wide
Consulting. The tailings consist of approximately 1 million tons
and are very prolific in platinates. World Wide Consulting is the
first of 5 companies that Wineco is in negotiations with. All
companies have shown excellent results in their tailings. Wineco
has proven its test in chemical extraction of platinum in addition
to its previously proven micron gold extraction process. Processing
of these tailings is scheduled to being in April. A new Wineco
Laboratory for testing will be completed in May. The company is
requesting miners to submit their tailings for testing to determine
if their tailings are of interest for the company to process for
micron gold. The company has also adjusted its accounting
procedures to comply with the newest Pink Sheet format to meet Pink
Sheets new OTCOX listing. In a previous announcement regarding
stock repurchase, the company would like to clarify that the shares
are actually being bought by a private individual. 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.
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