Casey Corp Buying Large Amounts of Gold: Over $2M in Scrap Gold in October

Oct 19, 2010, 17:00 ET from Casey Corp

NEW YORK, October 19, 2010 /PRNewswire-FirstCall/ -- Casey Corp. (OTC BB: CCPR), a recycler of precious metals, is aggressively purchasing scrap gold.

During the first 17 days of this month, the Company has purchased scrap gold in excess of $2MM.

Casey Corp.'s, President and CEO, Mr. Eduard Musheyev, noted "With US dollar volatility continuing, we view gold as a solid investment and a strong contributor to ESM's growth."

About Casey Corp:

Casey Corp.'s, President and CEO, Mr. Eduard Musheyev, has over 30 years of experience in the gold jewelry market. During this time, Musheyev has set up and managed successful companies involved in manufacturing, retailing, and refining of gold jewelry.

Safe Harbor statement

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "should," "intends," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.

    Contact Information:

    CaseyCorp Enterprises, Inc
    Sergey Musheyev
    phone: +1-212-3822404

SOURCE Casey Corp