Agoracom Blog

AGORACOM Small-Cap TV – 5 Great Press Releases At The Open (October 31st)

Posted by AGORACOM at 9:39 AM on Wednesday, October 31st, 2007

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 October 31st and we uncovered 5 great releases today from both sides of the border. Another great day for the small-cap and micro-cap world.

You can watch AGORACOM TV right from our home page , or our archive where you can see or search all of our previous shows.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap press releases of the day in 3-5 minutes. You can watch the show by going to AGORACOM every morning.

Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these blog entries where I simply cut and paste my TV notes for your benefit, without any editing.

If you have any material information pertaining to any of today’s companies, be sure to share your knowledge by posting your comments for everyone to see.

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 65 great small-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

Now, onto our show notes for the day.



Syscan (TSX VENTURE:SYA) Releases 2007 Audited Results

for the year ended June 30, 2007.

Sales were $1,811,228 ^ 30% vs. $1,397,258 in the previous year

net loss of $1,088,534 vs $2,421,787 in fiscal 2006

Cash used in operations also fell to $973,717 from $2,140,097.

Revenues                      improved 30%

    RFID                     revenues doubled

    Gross margin                      doubled

    Operating expenses                 cut 25%(i)

    Net loss                  reduced by half


FirstGrowth (TSX VENTURE:FGC)(FRANKFURT:G8Q) (OTCBB:FGCDF) Announces Contract With Province of Quebec

FirstGrowth Exploration & Development Services Corp

its subsidiary, Kinetex Inc. (“Kinetex”), in conjunction with its industry partner Geophysique GPR International Inc., has been awarded a contract to supply 3C digital imaging services to the Province of Quebec‘s Ministry of Natural Resources.

Kinetex is proud to have its services under contract with the Province of Quebec‘s Ministry of Natural Resources in support of their intent to gain greater understanding of the developing oil and gas potential in the region.

“The award of this contract provides additional confirmation that the Company’s strategy of developing distinct value through its digital 3C service continues to be recognized,” stated Gil Schneider, CEO of FirstGrowth. “The strong demand for our premium geophysical services is evident in both our diverse range of clients and market exposure within the oil and gas as well as base and precious metals industry.”

Kinetex reports that its current backlog and continuing solicitation activities remain strong with all crews working at capacity.


Pacific Safety Products (TSX VENTURE:PSP) Receives Contract Extension Worth $750,000

has been awarded a contract extension for the production of additional ballistic vests from a Canadian customer.

delivery will be spread out over the next 4 months.

PSP is the largest armor manufacturer in Canada and supplies its products to the Canadian Department of Defence, Federal Government Agencies and major law enforcement organizations across the country.

Through its U.S. subsidiary Sentry Armor Systems Inc., provides body armor products to U.S. based law enforcement and private security firms


Halo (TSX VENTURE:HLO) (OTCBB:HLOSF) (FRANKFURT:HRL) Discovers New Bob North Zone at Sherridon, Manitoba

Lynda Bloom, President and CEO of Halo Resources Ltd. is pleased to announce

the discovery of a new massive sulphide zone approximately 100 metres northeast of the Bob Lake deposit.

The new Bob North massive sulphide zone has been intersected in four drill holes over a 250 metre strike length at a shallow depth between 172 metres and 221 metres.

While final assay results are pending,

three additional holes have intercepted a similar massive sulphide zone with thicknesses ranging from 5.4 to 14.8 m.

The new Bob North Zone currently remains open in all directions and represents a new exploration target area that once fully tested could add significantly to the tonnage potential of the Bob Lake deposit.


– Total of 4 new holes intersect new zone over 250 m

– 6.5 m of 0.8% copper and 3.0% zinc, within 11.6 m of 0.8% copper and 1.8% zinc

Results from DH07-58 are included in the table below. Assays are pending for an additional three holes.


Ontex Resources (ONT: TSX) Controls Dominant 629,900 Oz Gold Deposit In Beardmore-Geraldton Gold Belt

In response to exceptional land consolidation and drilling activity taking place within the Beardmore-Geraldton Gold Camp, as well as, significant interest from potential suitors, is pleased to provide the following update with respect to it’s 100% owned Brookbank property


Despite the fact that numerous junior resource companies have significantly increased the staking and acquisition of land around the Company’s Brookbank property, the Brookbank Gold Deposit remains one of the largest properties in the vicinity, with 688 claims covering a strike length of 35 kilometers and spanning 5 townships.

Mineralization extends over a strike length of about 800 meters and has been drill tested to a depth of about 600 meters..


an indicated and inferred mineral resource of 2.6 million tonnes grading 7.4 g Au/t containing 629,900 Oz Au at a cut-off grade of 3.0 g Au/t.

does not include results from the Company’s two recent successful drilling programs.

As a result, several junior resource companies have recently staked claims contiguous to Brookbank to the North, South and West, including but not limited to Kodiak Exploration (KXL: TSX-V) and Alto Ventures (ATV: TSX-V).


Following the successful outcome of the summer 2007 diamond drill program, in which all 6 holes intersected gold mineralization, the Company is in the process of planning an additional drill program designed to further enhance the open pit potential on Brookbank. Management plans to increase the current resource estimate with continued drilling that will explore the similar alteration halo in the Cherbourg property along strike to the immediate west.


As previously announced, several junior and major mining companies have shown meaningful interest in a possible joint venture on the Brookbank Gold Deposit. At this time the Company is reviewing several proposals and is engaged in ongoing discussions.




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