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 November 22nd and – despite the slow news cycle created by US Thanksgiving – we’ve found 5 great press releases to report on at the open, including some nice finds related to Q3 financial results and, as always, some great results from the resources world. Another great day for the small-cap and micro-cap world.
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Now, onto our show notes for the day.
Sonomax Hearing Healthcare Inc. (TSX VENTURE:SHH)
Sonomax Partnership Virgin Entertainment Group Hook Up… to Showcase Revolutionary New Technologies in Two Flagship
partnership with Virgin Entertainment Group and its plans for the retail launch in the
for use with MP3 players, as well as cellular Bluetooth(TM) adaptors, gaming, and a wide variety of other audio devices, in the United States at two flagship Virgin Megastores in New York City and Los Angeles in early 2008.
global sales of entertainment and communications devices with intra-ear applications, such as MP3s and Bluetooth(TM) headsets for telephony, will soon break the 500 million units per year mark, and sales are projected to surpass a billion units annually by 2010. With earphone sales currently tracking at 40% of MP3 device sales, the market is enormous.
In line with our mission to bring Virgin Megastore customers the best in entertainment technology, we are delighted to partner with Sonomax on this exciting initiative as we believe we are leading MP3 users into a new era of audio entertainment,” said Dee McLaughlin, vice president of marketing, Virgin Entertainment. “The sixty day program will tell us a great deal about the receptiveness of consumers to a device that provides them with high quality sound, as well as long-wearing comfort due to the precision of Sonomax’s expansion technology.”
Started reporting on them at .27 on Sept 12.
Now .36
Rio Tinto
Alcan
Irag Military Personnel
Clearford Industries Inc. (TSX-V: CLI) Record Q3
Q3
Revenue of $8.3 million was the highest in the history of the Company.
Net income $185,000 or $0.01 per share vs. $432,000 or $0.02
Q1-3
Revenue 17,937,000
Net loss $2,673,000 or $0.11 per share
Bruce Linton, President and CEO of Clearford. “We have a strong pipeline of sales opportunities for our Wastewater Division and expect revenue and contribution from that Division in the fourth quarter and in 2008. The market for infrastructure remains strong and we remain confident that this segment of the market will provide both of our operating divisions with significant growth potential.”
.25 (52-week low vs .70)
Canadian Shield
.19
Rambler Metals and Mining plc (TSX VENTURE:RAB) (AIM:RMM)
Latest drill intersection from its ongoing surface drilling program.
Largest Intersection on the 1807 Zone to Date
– RM07-20h returns 45.93 feet of 5.9% copper with 1.5 g/T gold on the 1807 Zone– Including 11.32 feet of 16.5% copper with 3.3 g/T gold
— Including 3.05 feet of 21.6% copper with 4.4 g/T gold
1807 Zone
RM07-20h’s mineralization is the thickest and deepest intersection drilled to date on the 1807 Zone. With the grades in this horizon improving with depth it is clear that the true potential of this property is yet to be discovered.
The 1807 Zone has developed into a significant mineralized horizon and will play a key role as Rambler embarks on its NI43-101 resource calculation.
George Ogilvie, Vice President and COO commented:
“A superb intersection that supports management’s belief that significant mineralization in the 1807 zone would be found to the west and down plunge of existing holes. Importantly the 1807 zone remains open presenting further opportunity to duplicate or even improve upon these grades and widths.”
1.26
Halo Resources Ltd. (TSX:HLO; OTCBB:HLOSF;
Reports Preliminary NI 43-101 Compliant Resources Estimate for
preliminary National Instrument 43-101 compliant resource estimate of the
to substantiate the historical resource reported for the deposit. The resources estimated by GCL at
It is assumed that the
Indicated Resources Category
total tonnage of 1,325,000 tonnes
overall grade of 1.17% copper, 0.85% zinc and precious metal credits.
Inferred Resources Category
2,177,000 tonnes
overall grade of 1.10% copper, 0.67% zinc and precious metal credits.
Tom Healy, Senior Vice-President & COO of Halo says: “We consider the results of the resource as a major milestone in the future development of the Sherridon copper-zinc project. The resource estimate reinforces our confidence in historical estimates that were carried out almost 50 years ago and highlights the potential for open pit mining operations at
.46 (near bottom end of 52-week range)
END OF SHOW NOTES