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. It’s Monday, November 5th and – as usual – a heavy news day, with 5 great press releases. Another great day for the small-cap and micro-cap world.

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Now, onto our show notes for the day.

Rainy River (RR: TSXV)

Intersects a 4.0-Metre Wide Semi-Massive Sulphide Horizon Grading 25.67 g/t Au and 184.14 g/t Ag

Step Out Hole South of ODM Zone

partial assays have been received for NR07198, a 2000-metre drill hole which is currently in progress and is designed to test the ODM/17 Zones and the 433 Zone well down dip from the known gold mineralization.

The new zone is characterized by unusually high silver values.

HIGHLIGHTS:

– NR07-198 cuts 4.0 metres grading 25.67 g/t Au and 184.14 g/t Ag

including 0.5 m grading 192.72 g/t Au, 1289 g/t Ag and 1.11% Cu

Nelson W. Baker, President and CEO of Rainy River Resources Ltd. commented, “The occurrence of this new mineralized area 400m south of the known gold zones illustrates that significant mineralization in Richardson Township is not restricted to the 17 Gold Trend. This new discovery significantly impacts the exploration potential of the area. The high silver values are an added bonus.”

4.32 (off 5.75)

Ithaca Energy (AIM:IAE)(TSX VENTURE:IAE) Receives Credit Approval for US$60 Million

Royal Bank of Scotland have agreed to provide Ithaca Energy (UK) Limited with a US$60m Senior Secured Credit Facility,

to be utilized for the development of its Athena and Jacky discoveries.

Athena is an oil discovery in the Outer Moray Firth area of the United Kingdom Continental Shelf into which Ithaca has successfully drilled, tested and suspended two oil wells for future production.

Brad Gunn, CFO of Ithaca commented:

“This loan facility is an enormous step forward in the advancement of the Athena and Jacky discoveries to first production. We appreciate and are very pleased to receive the Royal Bank of Scotland‘s support and look forward to a mutually beneficial relationship.”

4.05

AFS receives over $500,000 in orders for new vehicle programs in India

Alternative Fuel Systems (TSX Venture: AFX.V)

received approximately $540,000 CDN in new purchase orders for engine controllers.

orders were originated by two of India‘s largest motor vehicle builders

The electronic controllers ensure optimal engine performance and exhaust emissions across the vehicle operating range.

AFS President and CEO Jim Perry stated that “One of the OEM’s that has chosen our product is TATA Motors, India‘s largest manufacturer of motor vehicles. We are developing a customized engine controller for a new light truck they are introducing that is fueled by compressed natural gas. This new vehicle is known as the CNG “ACE”. AFS will supply controllers for CNG ACE production scheduled to begin early in 2008. If the new vehicle is successful in the market, there may be substantial follow-up orders for our products.”

AFS is a Canadian company providing innovative and cost-effective solutions to the growing global problem of harmful exhaust emissions from internal combustion engines. AFS has commercialized electronic engine management systems enabling internal combustion engines to operate on a variety of fuels.

SAN Holdings Inc. Wins Department of Defense Contract for $1.4 Million

subsidiary of SAN Holdings, Inc. (OTCBB: SNZH.OB) (“SANZ”), announced receipt of a $1.4 million order for integrated data access solutions from a Department of Defense customer.

The contract calls for SANZ to provide a comprehensive data back-up solution that enables the customer to upgrade to a more scalable data management platform.

.40

Largo Vista Signs Contract to Develop LPG Service for 192 Homes

Largo Vista (OTCBB: LGOV.OB)

has signed a contract to develop LPG (liquid petroleum gas) pipeline “Project Eleven” with Zunyi Yong Shen Real Estate Development Co. Ltd. in the Guizhou Province.

LPG service will be supplied to 192 newly constructed residences. The construction of the project is expected to begin in early 2008, and should be completed within 100 working days after the commencement of work. Under the terms of the control Largo Vista will be the owner of the pipeline system and is responsible for its maintenance.

“This is Largo Vista’s 11th residential pipeline project,” according to Chief Financial Officer, Denise Deng. “We will continue to seek out new pipeline projects which will be advantageous to the company.”

LGOV provides China with environmentally friendly energy alternatives and is the leader for residential LPG pipeline construction in that region. The Guizhou Province has a population of over 40 million.

.01

Gold Resource Corporation (OTC BB:GORO.) (Frankfurt:GIH.F)

Hits Possible Second Gold Vein at El Rey

Returning 1.5 Meters of 11.22 Grams / Tonne Gold

986 Grams / Tonne Silver

at its El Rey property in Oaxaca, Mexico.

located within trucking distance (95 kilometers) of GRC’s proposed El Aguila mill. Gold Resource expects to commence production at El Aguila in mid-2008, subject to obtaining remaining permits and regulatory approvals, completing necessary financings and equipment deliveries.

Gold Resource Corporation’s president William W. Reid stated, “El Rey is developing as a high-grade gold system that appears to now have two veins, the second of which contains significant silver credits. We are expecting that with continued drilling we may be able to develop high-grade gold to be shipped to the proposed El Aguila mill, beginning the first year of operation, providing additional high-grade gold feed to the mill with important silver credits.”

$US 4.59

END OF SHOW NOTES