Agoracom Blog

AGORACOM Small-Cap TV – 6 Great Press Releases At The Open (November 9th)

Posted by AGORACOM at 9:41 AM on Friday, November 9th, 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 Friday, November 9th and what should have been a slow news day is actually a very busy one. A sign that small-caps are hitting on ally cylinders? We’ll see if it repeats next Friday. In the meantime, we’ve got 6 strong press releases across different industries and 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.



McVicar announces $25 million specialty chemical order

its Chinese subsidiary, ("Hongbo") has reached a three year supply agreement with Tinci High-Tech.Materials Co. Ltd. ("Tinci")
valued at RMB 200 million (~CDN $25 million).
Hongbo will supply Tinci with specialty chemicals used in personal care products and lithium batteries, beginning on January 1, 2008.
“I am extremely pleased with the signing of this major supply agreement
by Hongbo, which follows a series of orders from major international companies
in recent months. Dr. Gang Chai, President & CEO of McVicar, 
Tinci was the largest customer to Hongbo before a DuPont order was recently received, valued at US $20 million. This new order
represents the single largest order so far in the company's history.

2.45 (top-level of 1-year trading range) buy on rumour sell on news?

CarBiz opens its doors in Springfield, Ohio


announced that they have been issued a dealer license for the state of Ohio. Operations will commence today at their Springfield facility.

CarBiz operates the 4th largest chain of Buy-here Pay-here auto dealerships in the U.S. totaling 26 stores in 7 States and manages a portfolio of close to $30,000,000 of its own loans which continues to grow. These auto loans are originated at the 26 company operated stores

as well as being a leading provider of software, training and consulting solutions to the United States automotive industry. CarBiz’s suite of business solutions includes dealer software products focused on the “Buy-here Pay-here”, non-prime automotive finance markets an area that CarBiz is recognized as an expert in.



e.Digital Announces Record Revenues and Improved Financial Results


revenues of $2.42 million, a substantial increase from revenues of $13,000 06

86% increase over Q1 revenues

Net loss decreased significantly to $158,000 from $1.60 million


revenues of $3.72 million compared to $34,000
Gross profit $844,000
net loss was $751,000, a substantial decrease from $2.73 million

Revenues for the first six months shipments of mobile entertainment system to multiple in-flight entertainment (IFE) customers including major European and Asian airlines.

“In the last twelve months, we have sold over $5 million in products and services to airlines around the world,” said Will Blakeley, president of e.Digital.

.165 (low end of 1-year trading range)

Gravity West (GRW: TSXV) Cuts Massive Sulphides at Voltaire Lake

Gravity West Mining announce the results of the first phase of diamond drilling on the company’s Voltaire Lake property in the Sibley basin, 150 kilometres north of Thunder Bay, Ontario.

Drill holes have intersected massive sulphides including chalcopyrite in unmapped basement rocks that are buried under a cover of Sibley sediments and a diabase sill.

The basement geology that has been revealed contains environments that are favourable for gold, volcanogenic massive sulphide (VMS) and nickel-copper PGE mineralization.

.18 (up from .14 in a week)

Northern Abitibi (NAI: TSXV) Identifies High Grade Gold Zones Including 246.6 g/t (7.9 OPT) Gold in Trenching at Viking

assay results from its recent trenching program at the Viking property in western Newfoundland have been received.

The trenching program has uncovered four zones containing high-grade mineralization with gold values ranging from 8.5 to 246.6 g/t,

occurring over an area exceeding 1,500 meters in strike length.

.21 lower end of trading range (.10 – .40)

Logan Resources (LGR: TSXV) intersects gold over 1km strike at Yukon Territory

results of the 2007 summer exploration and diamond drill program at its 100%-owned Heidi gold project in the Dawson and Mayo Mining Districts, Yukon Territory. The drill program successfully intersected gold mineralization in 14 of the 19 holes over a 1 km strike

.33 (mid-range of 52-week trading)


Comments are closed.