Agoracom Blog

AGORACOM Small-Cap TV – 8 Great Press Releases At The Open (January 8th)

Posted by AGORACOM at 9:36 AM on Tuesday, January 8th, 2008

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 January 8th and we’ve found 8 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.

Tanganyika Oil Company Ltd. (TSX VENTURE:TYK)

Production Increases 37% From Third Quarter

update on Fourth Quarter (“Q4”) production and the December exit rates.

Gross field production was boosted by over 3,300 bopd or 37% during Q4 with continued development drilling, especially in the northern and southwestern extensions of the West Tishrine Field as well as the Company’s ongoing cyclic steam stimulation


The first of three new drilling rigs is on a commercial ship and expected to spud mid February. The second rig is expected to depart China this week and expected to spud the first well by the end of February. The third rig is expected to ship in early February and spud before the end of March.

Tanganyika Oil Company Ltd. is a Canadian oil and gas company with production and exploration assets in Syria

$12.40 (vs $24.00 …fell from over $16.00 in Dec due to TLS …)

Rolling Rock Resources Corporation (CDNX: RLL.V)

Monument Bay Gold Resource Increased by 35%


has received the updated resource estimate prepared by Wardrop Engineering Inc. for its 100% owned high-grade gold Monument Bay property located in northern Manitoba, Canada.

Inferred Resource Summary

The total database is comprised of 414 drill holes aggregating 113,703.6 meters (373,061.7 feet) of core drilling.

Monument Bay is a 100% owned high-grade gold project with an Inferred resource estimate (NI 43-101 compliant) 4,888,000 tonnes grading 6.01 g/t = 944,000 ounces of gold (3 g/t cut off)

Cut off        K           Au          K           Au  Percentage
g/t       Tonnes    g/t  K oz     Tonnes    g/t  K oz    increase
3          3,379   6.45   701      4,888   6.01   944        34.6

“We are very pleased with the updated resource at Monument Bay which shows a significant increase from the 2006 estimation, and with our greater understanding of the deposit we can now move forward with a scoping study as this project’s next step,” said Scott Angus, President and CEO.

Fully Diluted ~ 36,000 …. Trading at .15 … do the math

~ 20% owned by Kinross Gold

Diamonds North Resources Ltd. (TSX VENTURE:DDN)

Recovers 550 Diamonds from 81.75 Kilograms

from the Tuktu-1 kimberlite located on the Company’s 100% owned Amaruk property in the Pelly Bay Diamond District of Nunavut.

A total of 550 diamonds have been recovered from an 81.75 kilogram reverse circulation/percussion drill-hole sample from the Tuktu-1 kimberlite. A bulk sample program is planned for this kimberlite.

The Company views these results as very significant because it is generally considered highly positive to recover one diamond per kilogram of kimberlite. Tuktu-1 has yielded nearly 7 diamonds per kilogram which is comparable to initial results from some of the top diamond producing kimberlites in Canada.

Diamond results for 18 additional kimberlites are pending, including 8 more kimberlite discoveries in the Tuktu area.

Diamonds North has discovered 22 kimberlites to date on the Amaruk property and there are 500 compelling geophysical targets that remain to be tested.


Bellhaven Copper & Gold (TSX-Venture: BHV) and Dominion Minerals (OTC: EMPL)


Intersect 194 M Of 0.72% Copper, and Extend Higher Grade Mineralization at the Cerro Chorcha Copper Project

copper, gold and silver assay results from Holes CH-07-06 and CH-07-07 of its recently completed, 11 Hole diamond drill program at the Cerro Chorcha porphyry copper project in the western highlands of Panama.

Hole CH-07-06 was drilled to test the eastward continuation and Hole CH- 07-07 was drilled to test the northward continuation of both copper mineralization and the structurally-controlled quartz-magnetite-sulphide stockwork zones that have been observed on-surface and in previously reported Holes.

These stockwork vein zones typically host higher grade copper-gold- silver mineralization than what is observed within the much larger mineralized Chorcha porphyry system.


From/To                  Length      Copper     Gold          Silver
                         346 m       0.42 %     0.05 g/t      1.4 g/t
                         76 m        0.66 %     0.11 g/t      1.9 g/t
                         305.9 m       0.57 %     0.04 g/t      pending
                         194 m         0.72 %     0.05 g/t      pending
Bellhaven Copper & Gold Inc. is a Panama-based mineral exploration company with a portfolio of gold and copper properties in the Republic of 
Panama. The company has issued 20,793,151

East Asia Minerals Corporation (TSX VENTURE:EAS)

Drills 35.95 Metres of 4.03 g/t Gold and 188.28 g/t Silver at Binebase and Confirms More Than One Kilometre of Strike Potential

initial drilling on the Binebase Prospect at the Sangihe Property, Indonesia,

encountered significant, near surface epithermal gold and silver mineralization in all holes completed to date.

Drill hole BID-13 intersected 35.95 metres of 4.03 g/t gold and 188.28 g/t silver from 8.0 metres depth, including 22.0 metres of 5.74 g/t gold.

Drill hole BID-12 intersected 42.35 metres of 1.34 g/t gold and 107.54 g/t silver from 4.0 metres depth, and

BID-11 returned 45.0 metres of 1.28 g/t gold and 50.51 g/t silver from surface.

Michael Hawkins, President and CEO of EAS. "The gold mineralization remains consistent and we are confident we will continue to enhance
the potential of the Bawone and Binebase Prospects, while possibly adding to the potential for additional gold between these two zones and
elsewhere on the large Sangihe Property. We are well on track to outline NI43-101 compliant resources at Sangihe during 2008,

BSM Technologies Inc. (TSX VENTURE:GPS)

& Bell Mobility Introduces “One Bill Solution”


a leading provider of GPS-based AVL (Automatic Vehicle Location) fleet tracking and management solutions is pleased to announce today that they are offering a one bill solution to Bell Mobility customers.

Bell Mobility will be able to provide customers with first line support as well as invoice them for services under one bill. Prior to this, customers would receive one bill from the carrier for the data charges and another from BSM Wireless for the AVL solution.

“This agreement dramatically expands the marketing relationship between BSM Wireless and Bell Mobility, offering a National sales presence in training and installation. SentinelFM offers one of the most robust and sophisticated AVL/GPS solution available to the public today. The Agreement increases the sales, marketing and revenue generating opportunities for both partners,” stated Mr. Nick Cirella, President and CEO of BSM Technologies.



Announces Record Fourth Quarter and Record Year for Tix4Tonight in Las Vegas

TIX CORPORATION announced that its Las Vegas half-price, same-day ticket business, Tix4Tonight, reported a new record for the fourth quarter ending December 31, 2007. The fourth quarter gross ticket sales were $10.9M up 50% over the 2006 fourth quarter gross ticket sales of $7.3M.

Tix4Tonight also set a new record for the calendar year 2007 in gross ticket sales. The calendar year 2007 gross ticket sales were $34.5M up 49% over the 2006 calendar year gross ticket sales of $23.2M. The gross ticket sales mentioned above do not include our other businesses; Tix4AnyEvent and Exhibit Merchandising LLC.

Tix Corporation through its wholly-owned subsidiary, Tix4Tonight, sells tickets for Las Vegas shows, concerts, attractions and sporting events at discounts up to 50% off the face value of the ticket, on the same day of the performance.

$5.40 52wk Range: 3.50 – 8.10 Trades 25-50K a day


Wins Wi-Max Repeater Project in North America

Unity Wireless Corporation today announced that it has won a Wi-Max repeater project with one of North America‘s largest wireless manufacturers and has received the first purchase order of over $400,000 for immediate delivery for the company’s existing Wi-Max repeater product under this project.

Based on the client’s forecast the company is estimating that this could represent over $10,000,000 of business for Unity Wireless for these Wi-Max repeaters

Unity Wireless is a world-class provider of wireless coverage enhancement solutions and Wi-Max products for cellular operators and custom subsystems for network infrastructure manufacturers.


52wk Range: 0.03 – 0.20 Average Volume for 3 Months 250K/day


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