Good morning to you all. Please find enclosed a summary of the great small-cap and micro-cap press releases we highlighted on our TV show this morning. We are in the middle of a short week, which typically means slower news flow, yet we were able to uncover 4 great releases today dealing with energy, resources and military/government contract awards. Not bad for a slow day of small-cap and micro-cap news.
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Now, onto our show notes for the day.
Western Keltic Mines Inc. (TSX VENTURE:WKM)
Announces Robust Pre-Feasibility Results for the Kutcho Project
positioning Kutcho as
study confirmed robust project economics, further supporting management’s decision to accelerate the completion of a Feasibility Study. Full commercial production of the mine is targeted for 2010.
BASE CASE MODEL HIGHLIGHTS:
– Forecast average annual Metal Production Years 1-5
– 75.5 million lbs copper
– 93.5 million lbs zinc
– 753,550 oz silver
– 7,813 oz gold
– Initial mine life of 8 years with capital recovery in 2.6 years
– Forecast production in 2010 with 250 permanent jobs
.44 steady considering resource performance in July/Aug
Echo Energy Canada Inc (TSX VENTURE:EEI)
***DISCLOSURE – Echo Energy Canada Is An AGORACOM Client ****
successful flow testing of another well that was drilled earlier this year.
The well is located close to the company’s existing gathering system in southwestern
In addition to this successful well, the company is continuing to drill additional wells targeting the Thorold/Grimsby zone under the company’s leased acreage.
ABOVE AVERAGE TESTING
was flow tested on July 11, 2007. Echo’s consulting petroleum engineer, an initial flow potential for this well into pipeline of up to seventy five thousand cubic feet per day (75 Mcfd) is expected.
This flow rate is in the upper range of flow rate expectations for the area….well will be tied into the Echo system as soon as possible.
Energy company with natural gas producing operations on the shores of
.27
ECOtality, Inc. (OTCBB: ETLY)
ECOtality’s Fuel Cell Store Awarded
(DOE) has awarded Fuel Cell Store a subsidiary company of ECOtality, the sole contract to provide hydrogen fuel cell kits for the 2007 U.S. Department of Energy National Science Bowl(R).
The contract awards up to $138,000 to provide technical support and hydrogen fuel cell kits for the competition.
official supplier of hydrogen fuel cell kits for the
Kathleen Quinn Larson, founder of Fuel Cell Store “validate our position as the premier fuel cell supplier to educational and government institutions.”
.505 – way off high of $2.19
Qualmark Corporation (OTCBB: QMRK),
today announced its wholly owned subsidiary, Ling Electronics, has received orders in excess of $300,000 from the
life-testing systems (HALT and HASS) providing the world’s largest corporations with solutions that improve product reliability and allow them to get to market faster.
systems are scheduled to be delivered in the third and fourth calendar quarters of 2007 to a test facility that services one of the branches of the United States Military and to the Department of Defense.
Qualmark has installed more than 600 of its proprietary testing systems in 30 countries.
END OF SHOW NOTES
I couldn’t understand some parts of this article AGORACOM Small-Cap TV – 4 Great Press Releases Before The Open (September 5th), but I guess I just need to check some more resources regarding this, because it sounds interesting.