Agoracom Blog

AGORACOM Small-Cap TV – 7 Great Press Releases At The Open (December 11th)

Posted by AGORACOM at 9:23 AM on Tuesday, December 11th, 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 December 11th and we’ve found 7 great press releases from both sides of the border to report on at the open. 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.


3 Year Agreement to Provide GPS & RF Monitoring Services

the leading provider of integrated technology systems for community based corrections in Canada,

agreement to provide a consortium of Canadian Corrections Departments with a combination of GPS and Radio Frequency (RF) technology as well as monitoring services. The agreement has a term of (3) three years and management expects it will generate in excess of $750,000 in revenues over the term.

Company’s technology and services have been used to monitor over 20,000 community based corrections clients in that time. The Company provides a full range of offender management tools including Biometrics such as Voice Verification, offender reporting Kiosks, as well as Radio Frequency, Passive and Active GPS and has two Canadian 24/7 event monitoring locations.

1.26 (mid-range of trading)

Cornerstone Capital Resources Inc

Thundermin Resources (THR.TO)

Cornerstone and Thundermin Intersect high grade copper mineralization

Little Deer copper deposit is located approximately 10 km north of Springdale in north-central Newfoundland


Cornerstone and 50% joint venture partner Thundermin Resources Inc. announce that they have intersected high grade copper mineralization assaying 4.5% Cu and 0.03% Co over 8.75 m, including 7.5% Cu and 0.05% Co over 3.75 m within hole and


2.0% Cu and 0.02% Co over 10.1 m, including 4.2% Cu and 0.03% Co over 2.8 m and 4.2% Cu and 0.04% Co over 1.65 m within hole in recent drilling on the Little Deer copper deposit (see Table 1 and Longitudinal Section)..

(mid-range of trading)

THR .275 TSX (mid-range of trading..nice climb from .08)


Esperanza Reports Positive Drill Results

At 100%-owned Cerro Jumil gold property in Morelos State, Mexico:

– Drill Hole RCHE-07-49 yielded 75 meters containing 1.05 g/t gold

– Drill Hole RCHE-07-50 yielded 70.5 meters containing 1.34 g/t gold

– Drill Hole RCHE-07-54 yielded 69 meters containing 1.09 g/t gold

Continued Drilling Success – Third Rig Added

Infill and expansion drilling continues on the property where a third drill was added to the program in early December. Two diamond-drill rigs and one reverse-circulation rig are now on site. The new results demonstrate good continuity of gold mineralization within this zone.

Bill Pincus, Esperanza’s President and CEO, commenting on the results said, “The on-going drill program is yielding excellent results. The drill intercepts can be favorably compared with many of the newer discoveries in Mexico. The new heap-leach test results support our earlier impression that this low cost recovery method is a viable alternative for the development of Cerro Jumil although further study is required to make the best choice.”

He added, “During 2008 we will continue drilling to extend the known mineralization as well as to test new targets. We will also optimize the metallurgical test work and begin other engineering studies to move the project toward an initial feasibility study. Our first major feasibility objective is to complete an initial resource estimate in the first half of 2008.”

1.55 (from $4.25 so watch for TLS)

Roca Mines Inc. (CDNX:ROK.V)

Molybdenite Concentrate Shipments Commence from its MAX Molybdenum mine, located 60 kilometres southeast of Revelstoke, British Columbia

to date, shipments totaling 37,800 lbs. of contained molybdenum have been purchased by Derek Raphael and Co., a UK-based molybdenite concentrate trading company, through its North American representative, W.G. Cook Ltd. Payment for these shipments has also commenced to the Company’s account.

Molybdenum currently trades in the US$32-33/lb. range = $1.228M

Mill and concentrator operations at MAX are ramping up to capacity with the processing of stockpiled development material located adjacent to the mill facility. Once process optimization is completed, operations will continue utilizing direct feed ore-grade material from the underground mine. To date, the mill has attained approximately 94% availability. The concentrator has achieved recoveries up to 96.5%, with average recoveries through startup of approximately 85% from the stockpiled material.

The permitted PHASE I mine plan for MAX will focus on the deposit’s high-grade zone containing 280,000 measured and indicated tonnes grading 1.95% MoS2 (refer to T.N. Macauley’s 43-101 compliant technical report dated September 2004 available via SEDAR)..

3.20 (high-end from low of 1.25)

Keegan Resources Inc. (CDNX:KGN.V)

Esaase Project Stepout Holes and Trenching Continue to Hit High Gold Grades South of Esaase Resource

results of twelve new drill holes and three new trenches in the South Main Zone.

Drill hole 179 intersected 30 meters of 4.41 g/t Au

drill hole 192, 37 meters of 4.12 g/t Au.

Drill hole 184 intercepted 15 meters of 3.32 g/t Au

The trenches located south further south of the above mentioned drill results, included trench 83, 84 and 85 which intersected 15 meters of 1.45 g/t Au, 5 meters of 14.05 g/t Au, 22 meters of 3.9 g/t Au and 14 meters of 3.34 g/t Au.

These new results indicate that the probable resource area as revealed by drilling and trenching now exceeds 2.2 km. Keegan has an additional eight holes pending assay from this area.

Dan McCoy, President and CEO of Keegan states: “These results are very encouraging as they increase the size and grade of the gold resources at Esaase. Combined with the amenable geometry, favorable topographic expression and initial positive metallurgy, Keegan is getting closer to its goal of realizing a large, modern open pit mine. The deposit continues to remain open along strike, down dip and at depth.”

4.33 (high-end from 2.22)

National Holdings Corporation (OTCBB:NHLD)

Reports Net Income for Year Ended September 30, 2007

National Holdings Corporation reported results for the fiscal year 2007, as follows:

— Total revenues increased 24% to a record $72.8 million for the fiscal year ended September 30, 2007;

Net income increased 131% to $1,372,000 for the fiscal year ended September 30, 2007;

— Stockholders’ equity increased 140% to $6,822,000 at September 30, 2007 from stockholders’ equity of $2,843,000 at September 30, 2006;

— Investment banking capabilities have significantly strengthened, particularly in the focused areas of reverse mergers, and life sciences and health care.

National Holdings and vFinance, Inc. (OTCBB:VFIN) have entered into a definitive agreement to merge. The companies are currently in the process of completing a Registration Statement on Form S-4, and the merger is expected to close during the first half of calendar year 2008.

National Holdings Corporation is a holding company for National Securities Corporation, National Insurance Corporation, National Holdings Mortgage Corporation, National Group Benefits Corporation and National Securities Futures Corporation. National Securities conducts a full service national brokerage and investment banking business. National Insurance provides a full array of fixed insurance products to its clients. The Company’s other subsidiaries are currently inactive.

close $1.60 52 wk hi/lo $3.94/1.12

ANAVEX Life Sciences Corp AVXL: OTCBB

Drug demonstrates chemotherapeutic potential without toxic side effects for the treatment of colorectal cancer, other types of solid tumors

today announced that its drug ANAVEX 7-1037 has been shown to kill human colon cancer cells in advanced pre-clinical studies. In addition, it demonstrated its ability to significantly suppress tumor growth in immune-deficient mice. ANAVEX 7-1037 is the company’s lead drug candidate for the treatment of colorectal cancer and other types of solid tumors.

Company CEO Dr. Kontzalis said “We are committed to further exploring the benefits of this drug as we aim to develop first-class therapeutics to fight various types of cancer.”

Toxicological studies in mice have shown no evidence of the side effects that are usually observed with anti-cancer drugs available today

close $4.08 52 wk hi/lo $4.50/ $2.55

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