Marc Faber, managing director of Marc Faber Ltd and Barron’s Roundtable member, anticipates meaningful market correction in 2010. Mining and agriculture will be top performers within commodity sector.
Regards,
George
Agoracom Blog Home
Archive for February, 2010
Video – Marc Faber Sees Market Correction In 2010, With Mining and Agriculture Outperforming
Posted by
at 3:13 PM on Friday, February 26th, 2010
ChinaSecurities.com Small-Cap Company Feature: China Wind Power
Posted by
at 9:30 AM on Friday, February 26th, 2010
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As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
TODAY’S FEATURED COMPANY
China Wind Power International Corp. – TSX-V:CNW
China Wind Power International Corp. is an Ontario company that is uniquely positioned to capitalize on the growing demand for wind power in China. The Company indirectly holds the exclusive rights for wind energy development in Du Mon County, Heilongjiang Province, which has a demonstrated potential installed capacity of 1,150 MW of wind energy developable over an area of 612 square km.
On February 22nd, 2010, announced preliminary results for the year ended December 31, 2009.
Check out the full details below!
HIGHLIGHTS
- The Company generated $1.3 million of wind power revenue during the quarter, including $0.8 million during the testing, tuning and calibration of Phase 1
- China Wind Power had a net loss of $0.6 million, or $0.011 per share, for the quarter, contributing to an accumulated deficit of $5.4 million.
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
We’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Northern Tiger Joins “AGORACOM 100″ With A Focus On The Rapidly Developing Dawson Range In Central Yukon
Posted by
at 3:30 PM on Wednesday, February 24th, 2010
I’m very happy to announce that Northern Tiger Resources (NTR:TSXV) was added to the AGORACOM 100 today. Northern Tiger is a new Canadian-based resource exploration company focused on the rapidly developing Dawson Range gold-silver-copper mining district in the central Yukon.
The AGORACOM 100 is meant to be a filter that provides investors with an ability to separate the wheat from the chafe – and Northern Tiger is most definitely AGORACOM 100 material. The fact that Northern Tiger has chosen to make itself fully accessible via online investor relations and an electronic shareholder forum (all links below) tells you a lot about the company’s confidence. You just don’t open yourself up to the public unless you believe in your story. As such, I’m looking forward to sharing the company’s developments with you over the next 12 months and beyond.
Now, as a client of AGORACOM, assume I am horribly conflicted about the prospects for Northern Tiger and do your own due diligence. To that end, I’ve provided you with a running start below.
Why Northern Tiger?
- Focus on the Yukon’s Dawson Range:
- An underexplored part of the Tintina Gold Belt, which contains deposits such as Pogo, Fort Knox and Donlin Creek.
- Immediate area is a favorable setting to host economic mineral deposits, as demonstrated by the Minto Mine (producing), the Carmacks Copper Project (being permitted) and the Casino Project (positive pre-feasibility study).
- Improving infrastructure.
- Settled land claims.
- Drilling success at Sonora Gulch, our principal project, continues to demonstrate the property’s gold potential.
- Exploration alliance with Capstone Mining Corp. provides us with broad range of exploration and development expertise.
- Management team has a broad range of exploration and public company expertise, including substantial experience in the Dawson Range.
Capstone Mining Corp. Exploration Alliance
Northern Tiger has an exploration alliance with Capstone Mining Corp.’s wholly owned subsidiary Minto Explorations Ltd. Capstone is the operator of the high grade copper-gold Minto Mine – the only operating hard rock mine in the Yukon.
The exploration alliance provides for:
- Cooperation on planning and executing exploration programs and long term strategies for the area.
- Sharing of proprietary technical expertise to assist project advancement.
- Access to Capstone’s infrastructure to facilitate exploration in the region.
Link to Hub / Link to Profile / Link to Forum
Regards,
George
Firestone Ventures Joins AGORACOM 100 With NI 43-101: 330 Million Pounds of Zinc, 114 Million Pounds of Lead and 978,000 Ounces of Silver Defined to Date
Posted by
at 3:00 PM on Wednesday, February 24th, 2010
I am pleased to announce that  Firestone Ventures (FV: TSX) is the newest member of The AGORACOM 100.  With NI 43-101: 330 Million Pounds of Zinc, 114 Million Pounds of Lead and 978,000 Ounces of Silver Defined to Date, Firestone is definetly AGORACOM 100 material.
Firestone Ventures Inc. is exploring and advancing its road-accessible Torlon Hill zinc-lead-silver project in Guatemala, Central America. Since early 2006, 8,400 metres of drilling in 101 holes has identified mineral resources totalling 330 million pounds of zinc, 114 million pounds of lead and 978,000 ounces of silver. The Torlon Hill deposit is on or near-surface and is open for expansion.
In late 2008 and during 2009, Firestone completed additional land acquisitions, data compilation and re-interpretation of historic data, mapping, prospecting, and soil sampling. Fieldcrews are currently conducting regional exploration and zinc occurrence evaluation in preparation for drilling in early 2010. The company plans to expand on the resource defined at Torlon Hill in addition to drilling additional zinc targets in the regional carbonate belt.
As always, assume I am horribly conflicted by the fact Firestone is now a client of AGORACOM and do your own due diligence. Â Here are some of the things we like about the company:
Exploring The Torlon Hill Zinc Project In Guatemala
- Artisanal mining and smelting of lead for over 300 centuries; zinc potential of property had never been tested.
- Torlon Hill is a direct replacement zinc-lead-silver deposit on the boundary between two major tectonic plates.
- Deposit is almost completely oxidized to smithsonite (zinc carbonate) with remnant galena.
- Road accessible, 100% owned by Firestone Ventures Inc.
- First ever drill program started in early 2006.
- 8400 m drilled to date in 101 drill holes, deposit is open to expansion.
- High-grade zinc mineralization is exposed on surface and is near-surface in drill holes.
- 330 million pounds of zinc, 114 million pounds of lead and 978,000 ounces of silver defined to date.
- Excellent upside to exploration in the surrounding area to increase tonnage.
Link to Hub / Link to Profile / Link to Forum
Regards,
George
African Gold Joins “AGORACOM 100″ with a focus on surpassing the 1,000,000 oz gold threshold within “Zone 1” of the Kobada deposit
Posted by
at 11:00 AM on Wednesday, February 24th, 2010
I’m very happy to announce that African Gold Group (AGG:TSXV) was added to the AGORACOM 100 today. African Gold’s management is no stranger to the mining industry, as Management has over 100 years of operating experience in Africa, and has played critical roles in raising more than $200 million for gold exploration and development projects on the African continent.
African Gold Group has 3 separate projects in Ghana, each located less than 30 km from existing milling infrastructure and 3 separate project sites in Mali, West Africa.
Investment Highlights
- “Flagship” asset – Kobada, Mali – multi-million oz Au potential. 20,000 m RC drill program commenced.
- AGG has entered into a joint venture agreement with Randgold Resources Ltd. to explore its Bagoe Assets in Mali.
- Assuowunu, Ghana, contiguous and immediately on strike with Keegan Resources Inc. (KGN) Esaase property of 1.43 million ounces of gold.
- Nyankumasi, Ghana, 30 km from Newmont’s Akyem project.
- Veteran management team with over 100 collective years of operating experience on the African continent.
- Collectively raised over $200 million in exploration capital for gold exploration and development.
Now, as a client of AGORACOM, assume I am horribly conflicted about the prospects for African Gold Group and do your own due diligence.
Link to Hub / Link to Profile / Link to Forum
Regards,
George
ChinaSecurities.com Small-Cap Company Feature: Trina Solar
Posted by
at 9:30 AM on Wednesday, February 24th, 2010
As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
TODAY’S FEATURED COMPANY
Trina Solar Limited (NYSE: TSL) is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules.
On February 24th, 2010, Announces Fourth Quarter and Fiscal Year 2009 Results
Check out the full details below!
HIGHLIGHTS
Fourth Quarter 2009 Financial and Operating Highlights
- Net revenues were $313.3 million, an increase of 25.4% sequentially and 44.8% year-over-year
- Gross margin was 32.6%, above the Company’s guidance of 25% to 27%Â compared to 28.5% sequentially and 9.6% year-over-year
- Operating income and operating margin were $64.4 million and 20.6%, respectively, compared to $45.5 million and 18.2%, respectively, in the third quarter of 2009
- Net income was $49.2 million, compared to $40.1 million in the third quarter of 2009
Full Year 2009 Results Financial and Operating Highlights
- Total net revenues were $845.1 million, an increase of 1.6% from 2008
- Gross profit was $237.2 million, an increase of 44.2% from 2008
- Gross margin was 28.1%, compared to 19.8% in 2008
- Net income for the full year was $97.6 million, an increase of 59.0%Â from 2008
- Earnings per fully diluted ADS for 2009 were $1.68, compared to $1.20Â in 2008
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
We’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Crosshair Joins “AGORACOM 100″ with several exisiting NI 43-101 resources totalling 17.07 million pounds of uranium and 27.56 million pounds of vanadium
Posted by
at 10:30 AM on Tuesday, February 23rd, 2010
I am very pleased to announce that Crosshair Exploration & Mining Corp (CXX:TSX) is the newest member of The AGORACOM 100. Why? When a company decides to make itself open and accessible to investors from around the world, you have to believe they are confident in their future and want to communicate accordingly.
FAST OVERVIEW
Crosshair controls the CMB Uranium/Vanadium Project which is located in Labrador, Canada and includes several exisiting NI 43-101 resources including a total of 17.07 million pounds of uranium and 27.56 million pounds of vanadium. In March, Crosshair combined businesses with Target Exploration and Mining Corp. creating a well-funded, low-cost, growth-oriented, uranium company with a defined timeline to production in one of the most uranium mining friendly jurisdictions in North America.
Investment Highlights:
- Substantial historical uranium resource in the Shirley Basin, Wyoming
- NI 43-101 compliant resource of 4.34 million pounds of uranium
- Cost-effective production by in-situ recovery
- Near-term production potential
- Production expertise from venture partner UR-Energy
- Located in Wyoming, a uranium mining friendly state
- Close to 200 million lbs. of past uranium production
- Already producing uranium
As always, assume I am horribly conflicted by the fact Crosshair Exploration is an AGORACOM client and do your own due diligence.
Link to Hub / Link to Profile / Link to Forum
Regards,
George
ChinaSecurities.com Small-Cap Company Feature: China Wind Systems Inc.
Posted by
at 9:30 AM on Monday, February 22nd, 2010
As many of you know, we are very bullish on the long-term future of Chinese small cap and mid cap companies for two reasons:
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
TODAY’S FEATURED COMPANY
China Wind Systems Inc – OTC.BB:CWSI
China Wind Systems supplies forged rolled rings to the wind power and other industries and industrial equipment to the textile and energy industries in China. With its newly finished state-of-the-art production facility, the Company plans to increase its production and shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries.
On February 22nd, 2010, announced preliminary results for the year ended December 31, 2009.
Check out the full details below!
HIGHLIGHTS
- For the year ended December 31, 2009, revenue increased an estimated 26%, to approximately $53.4 million from $42.3 million in the year ended December 31, 2008.
- Full year 2009 preliminary net income available to common shareholders was approximately $7.1 million, or $0.31 per diluted share, up 1,087% from $598,000, or $0.03 per diluted share, for the year ended December 31, 2008.
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
We’ve provided investors with two great starting points to research great Chinese small cap and mid cap companies.
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Small-Cap Markets, Money and Life With Grandich and George – February 19, 2010
Posted by
at 1:06 PM on Friday, February 19th, 2010
Good afternoon to you all and welcome to another edition of our weekly show, Markets, Money and Life With Grandich and George . This week’s show covered important and relevant topics to this week’s market action including:
- The Grandich $50,000 Challenge To Any Gold Bear
- Fed ramps up discount rate to 0.75%
- IMF Gold Sale
- Why Peter sees his $1,300 – $1,500 gold target accelerating after the IMF announcement
- Why Gold will hit $1,125 before the day is done (comment made around 10:15 AM EST)
- Questions from our members
Without further ado, here is this week’s show. Just click on the image below.
For those of you whose Flash player isn’t up to snuff, here’s the MP3:
DOWNLOAD THE SHOW
For those of you who want to download the show automatically, it has now been approved by Apple and available for download via iTunes. In addition, the show has it’s own podcast section on smallcappodcast.com. The latter also contains an RSS feed for those of you that want to syndicate the show on your site.
Have a great weekend and looking forward to your comments.
Regards,
George
Armada Reports Record January Results from Retail & Insurance Divisions
Posted by
at 9:30 AM on Thursday, February 18th, 2010
In Armada Data Corp. (TSX-Venture: ARD) latest press release dated February 18, 2010, the Company is claiming preliminary results in the month of January 2010, experienced the highest revenues in the Company’s history during the month of January 2010 versus the same period in 2009.
Having said that I invite you to read their latest press release:
January 2010 vs 2009 Highlights:
– Insurance Services revenue up over 60%
– Retail Services revenue up over 45%
– Aggressive Google campaign continues to drive traffic up over 220%
– Dealer Services revenue up over 90%
– Advertising revenue up over 100%
Remember, Â Armada Data Corp is an AGORACOM Client, and as such assume I am horribly conflicted.