Agoracom Blog

AGORACOM Small-Cap TV – 3 Great Press Releases At The Open (March 14th)

Posted by AGORACOM at 8:29 AM on Friday, March 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 March 14th and we’ve found 3 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.


Reports Q3

a provider of desktop and mobile VoIP software products and solutions,

Record quarterly revenues of $2.6 million compared to $1.0 million last year and $2.4 million last quarter

  • net loss was $2.2 million, or $(0.02) per share, compared to a net loss of $1.3 million, or $(0.04)
  • The Company closed the quarter with $3.1 million in cash, compared to $1.7 million at the end of the fiscal year on April 30, 2007

The third quarter was a strategic one for CounterPath. Two acquisitions were completed in the quarter to position the Company as a serious player in the move worldwide to Fixed Mobile Convergence (FMC) services, while at the same time, we maintained our overall revenue growth,” said Greg Pelling, Chief Executive Officer

CounterPath’s customers include some of the world’s largest telecommunications service providers and network equipment providers including AT&T, Verizon, BT (British Telecommunications PLC), Deutsche Telekom, Cisco Systems, Mitel and Nortel.



El Nino Ventures Inc. (TSX.V: ELN; OTCBB: ELNOF; Frankfurt: E7Q)

reports additional drilling results in the Democratic Republic of Congo (DRC)

    -   25 meter expansion of Copper zone in hole ANCU-001.
    -   Significant Cobalt values intersected in drilling within     artisanal workings
further analytical drill results from the recently completed 6200m reverse circulation 
drill program on its 70% owned Research Permit 5217 in the DRC Congo. 

additional assay results from drill hole ANCU-001 which previously reported 3.5% Cu over a ten meter interval from 12m to 22m.

Assays for meter 22 to 25 are still pending but results from 25m to 50m are as follows:

25 to 30m   0.24% Cu     
30 to 35m   0.36% Cu               
35 to 40m   0.50% Cu     
40 to 45m   0.43%    
45 to 50m   0.35% Cu     

drill results from holes AN2-001, AN2-002, AN2-003, AN2-006, AN2-008 and AN2-009. where workers were formerly mining high grade cobalt mineralization…Drilling completed to date in this area has not been ideal because it was done in the rainy season and wet conditions prevented us from being able to properly assess the cobalt potential of this area ..ELN plans to fully test the Cobalt potential of this zone once field conditions permit.

Significant values intersected in the above holes are:

Jean Luc Roy, President of El Nino stated, “.. results from hole ANCU-001 provide us with an indication of the substantial thicknesses of copper mineralization that may be found in this area. .. we believe we may be on the edge of a mineralized system which extends for over 2.8 kms in strike length.. We will drill test the extent of this anomaly starting in April.


Atlas Minerals Inc. (TSX VENTURE: AMR.V)


542.0m of 0.043% Mo and 0.12% Cu

228.9m of 0.064% Mo and 0.17% Cu

results from drill holes #5 to #9 (08-20 to 08-24) of the current phase 1 drilling program on the Breccia (3C) prospect at the Company’s Tres Chorreras concession (100% interest), located in the Azuay Province, southern Ecuador.

All drill holes intersected significant mineralization. Highlights include:

Drill hole 6 – Intersected mineralization at surface exiting the western boundary of the Breccia at 228.90 metres grading:

Drill hole 9 – Intersected mineralization at surface exiting the northern boundary of the Breccia (3C) at 542 metres grading:




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