Agoracom Blog

AGORACOM Small-Cap TV – 5 Great Press Releases At The Open (January 14th)

Posted by AGORACOM at 9:56 AM on Monday, January 14th, 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 14th and we’ve found 5 great press release 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.


Identifies Significant Ni-Cu-Ag-Co Soil Geochemical Anomalies on McFauld’s West Project

geochemical results for a soil sampling program conducted in September 2007 on the Company’s 100%-owned McFauld’s West Project have been received and indicate significant anomalies in nickel, copper, cobalt and silver, as well as anomalous values in gold.

The samples, comprising eight soil samples in a single 350m long profile coincident with the eastern of two magnetic anomalies on Probe’s property, are located approximately one kilometer northwest of Noront Resources high-grade nickel-copper-platinum group element (PGE) discovery on their “Ring of Fire” project.

The positive results from the soil program support the potential for nickel- and copper-bearing sulphide mineralization on the McFauld’s West Project, and the property will be a focus for exploration in 2008.

Significant Nickel-Copper-Silver-Cobalt Anomalies

This internal consistency to the data is encouraging as it indicates these elements, typically found in sulphide mineralized mafic-ultramafic intrusives, are traveling together and most likely derived from a unique source.

The Company is now planning a ground geophysical program focused on the area containing the coincident geochemical and magnetic anomaly, as well as other geophysical anomalies identified from airborne geophysical svrveys. This program will be followed by a diamond drilling program to test the anomalies.

The McFauld’s area is receiving considerable attention with the discovery of high-grade nickel-copper-PGE mineralization by Noront Resources.

With Probe’s McFauld’s West property located only 450m from the discovery zone, management is encouraged by the proximity to this significant discovery and believes there is a potential for this property to also host mineralization.

Probe Mines has been established in the McFauld’s Lake area since 2003 and management believes the area has the potential to develop into Canada’s next major mining camp.


Sherwood Copper Corporation (TSX VENTURE: SWC.V)

Intersects High Grade Copper-Gold Mineralization

results for an additional 25 holes from its 101 hole drill program completed in the fall of 2007 at the high grade Minto copper-gold mine in the Yukon.

Highlights from the latest batch of results include further confirmation of high grade copper-gold mineralization where the Area 118 and Area 2 deposits join, further high grades from the Copper Keel South prospect, and near surface mineralization at the Ridgetop East and Ridgetop West prospects. Highlights of these recent results are tabulated below, while complete results for the latest 25 holes are attached.

“Sherwood’s successful 2007 exploration program continues to deliver high grades from a variety of targets,” said Stephen Quin, Sherwood’s President & CEO. “Especially encouraging are the high grade results on the northeast side of Area 118, where it joins the Area 2 deposit, indicating potential for a contiguous zone of higher grade mineralization.” A recently completed positive Pre-feasibility Study (PFS) on Area 2 did not incorporate any of the very positive drill intersections from 2007. The discovery of Area 118, immediately adjacent to Area 2, is very exciting since it offers further potential beyond that set out in the PFS.


Sunridge Gold Corp. (CDNX:SGC.V)

Discovers Two New Extensions to the Emba Derho Deposit

is pleased to announce that recent drilling adjacent to the Emba Derho Deposit has discovered two new extensions, one to the northwest and another to the northeast of the main Emba Derho Deposit on the 100% owned Asmara Project, Eritrea.

This is an exciting new development for the Company as these discoveries are outside the previously identified mineralized envelope and therefore they have the potential to add significant tonnage to the initial Emba Derho NI 43-101 resource estimate announced on December 4, 2007.

The current estimated combined Indicated resources at Emba Derho contain

1.7 billion pounds of zinc,

735 million pounds of copper,

402,000 ounces of gold and

15 million ounces of silver,

as reported in Sunridge Gold’s news release NR2007-16 dated December 4, 2007.

1.72 (off $3.50) … have brought in Peter Grandich

Gold surged to a historic high above $910 an ounce, as investors rushed in to buy the metal on further weakness in the dollar and expectations of a sharp cut in U.S. interest rates, analysts said.

The gold rally also prompted buyers to snap up other precious metals, with platinum hitting a record high, silver prices touching a 27-year peak and palladium rising to its highest level in more than two months.


Reports 49% Increase in Narrowcasting Revenue in Q3

Narrowstep(TM) Inc. the TV on the Internet company, announced its results for the third quarter of fiscal year 2008, ended November 30, 2007.

Narrowcasting and other revenues for the three months ended November 30, 2007 increased by $571,571, or 49%, to $1,735,539 as compared to $1,163,968 for the three months ended November 30, 2006.

Narrowcasting revenues for the nine months ended November 30, 2007 increased by $1,252,193, or 41%, to $4,294,654 as compared to $3,042,461 for the nine months ended November 30, 2006.

The increase in quarter-to-date and year-to-date revenue resulted primarily from the addition of new customers while focusing on retaining its larger and more profitable customers.

As of November 30, 2007, the Company had $6,558,875 in cash.

Narrowstep(TM) Inc. (OTCBB:NRWS), the TV on the Internet company, is a leading provider of Internet TV services supporting over 180 channels worldwide. Narrowstep’s proprietary technology platform delivers the highest quality, TV-like experience available on the Internet. A pioneer in delivering Internet TV, Narrowstep offers the expertise and technology to move, manage and monetize video content across the Internet

0.11 52wk Range: 0.02 – 1.29

Shiner International Inc (OTCBB: SHNL)

Signs US$1.6 Million Specialty Packaging Film Supply Contract With China’s Third Largest Tobacco Province

Shiner International, Inc., a market leader in China’s anti-counterfeit plastic films industry, announces today that the Company has signed a RMB 11.35 Million (US$1.6 million) product supply contract with Hunan Yong An Packaging Material Co., Ltd., the packaging supplier to the third largest tobacco province in China to supply 500 tons of BOPP tobacco films for 2008 product delivery.

Mr. Jian Fu, CEO of Shiner International, commented: “The Hunan YongAn contract significantly expands our market presence into China’s Hunan Province, the third largest tobacco producing province in China. Our certification as a licensed supplier to the state-owned tobacco industry in China has been a key development in our corporate history. We look forward to additional packaging film product sales to China’s vast tobacco industry.”

About Shiner International, Inc.

Shiner International is a US corporation that has its primary operations in China. Headquartered in the city of Haikou, the capital city of Hainan Province — China’s “Hawaii,” Shiner’s products include coated packaging film, shrink-wrap film, common packaging film, anti-counterfeit laser holographic film and color printed packaging materials. About 60% of Shiner’s current customers are located in China with the remainder located in Southeast Asia, Europe, the Middle East and North America. Shiner holds 13 patents on products and production equipment, and has additional patent applications currently pending. Shiner’s coated films meet the approval of US FDA requirements as well as those required for food packaging sold in the EU. Shiner’s product manufacturing process is certified under ISO 9001:2000.

6.31 52wk Range: 4.81 – 9.90

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