Agoracom Blog

AGORACOM Small-Cap TV – 5 Great Press Releases At The Open (April 8th)

Posted by AGORACOM at 8:35 AM on Tuesday, April 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 April 8th 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 85 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.



Bioshaft Water Technology Inc (OTCBB: BSHF)

Announces USD $56 Million Contract For Baghdad Wastewater Treatment

its patented technology the Hans BioShaft System has been selected as the sole provider of 13 domestic wastewater treatment plants in the municipality of Baghdad in Iraq.

· Contract between FPS and the municipality of Baghdad is valued at USD $56 Million

· Manufacturing is expected to begin in mid 2008

· FPS International is a licensee of the Hans BioShaft System and will be responsible for construction and installation of the BioShaft Systems for the municipality of Baghdad.

Iraq has a large water and sanitation network, but it is in a critical state of disrepair. System failures are a daily fact of life. Efforts to fix the country’s municipal pipes and treatment plants — damaged by the impact of a decade of sanctions and war — have been seriously undermined by chronic under-investment, frequent power shortages, lack of qualified personnel, illegal water tapping and acts of sabotage.

As a result, less than half of Iraq‘s population can claim reliable access to potable water.

Estimations from the World Bank predict a total cost in the next few years of around $5 billion for improvements to water sanitation and waste.

BioShaft is an innovative wastewater treatment technology based on Bio-Filtration utilizing sludge carriers. These plants are made using the Hans BioShaft Turbine that is at the heart of the wastewater technology. It was developed in the Netherlands in 1994 and was improved upon by Dr. Hans Badreddine and implemented as Hans BioShaft(R). It is patented in the United Kingdom and the patent is pending in the United States. To date there are more than 30 Hans BioShaft domestic wastewater treatment plants in use throughout the world. The plants have many benefits over traditional wastewater treatment systems. Some of these benefits include: almost no odor — the plants are considered odorless; no sludge — the patented BioShaft’s attached growth process results in the elimination of sludge; the BioShaft has much lower energy consumption, and less significant land requirements.

1.60 (1.20 – 2.13)



Cavico Corp (OTCBB: CVIC)

Signs $9.43 Million Tunnel Construction Contract for Huoi Quang Hydropower Plant

Cavico Corp. announced that Cavico Transportation, its wholly own subsidiary, has signed a contract for tunnel construction at Huoi Quang Hydropower Plant.

The value of the contract is estimated to be approximately $9.43 million.

Huoi Quang Hydropower Plant is expected to generate 520 megawatts of power upon completion. It is anticipated to be one of the four largest hydropower plants in Vietnam.

Cavico Transportation has initiated the process of transporting both equipment and personnel to the Huoi Quang hydropower plant site. Upon completion of this contract Cavico Transportation expects to receive additional works on this project.

Cavico Corp. is focused on large infrastructure projects which include the construction of hydropower facilities, dams, bridges, tunnels, roads, mines and urban buildings.

Cavico is also making investments in hydropower facilities, cement production plants and urban developments in Vietnam. Headquartered in Hanoi, with 3000 employees at projects worldwide, the company has offices throughout Vietnam and a satellite office in Australia.

1.50 (1.50 – 1.75)

Note: Just started trading on April 3





Timmins Gold Corp. (TSXV:TMM.V)

Pre-Feasibility Study Confirms Economic Viability of the San Francisco Mine In Sonora, Mexico

filing of the technical report titled NI 43-101 F1 Technical Report on the Preliminary Feasibility Study for the San Francisco Gold Project, Sonora, Mexico, dated March 31, 2008, prepared by Micon International Limited of Toronto (Micon) and Independent Mining Consultants, Inc. of Tucson, Arizona (IMC) (the Pre-Feasibility Study).

Management is very pleased with the results of the study as it demonstrates the strong economics of the project. In particular the conclusions and recommendations of Micon state that:

Timmins should proceed with development of the San Francisco open pit mine, crushing, heap leaching and gold recovery plant as described in the preliminary feasibility study… Given the amount of work conducted previously at the San Francisco project on the known exploration and areas of mineralization, the property should be regarded as an advanced-stage exploration project with significant economic potential.

Mineral Reserves

Mineral Reserves of the San Francisco Project are reported to be:

High-Grade (Crusher Feed) 403,000

Low-Grade 132,000

Low-Grade (ROM Leach) 75,300

It is important to note that the Pre-Feasibility Study, base case economic model has been calculated on a variable gold price that averages US$686 per oz over the life of the proposed operation. This average price is 31% below the current spot price of approximately US$900

Bruce, Arturo, Mike and Alexis (Ital, Mex, Greek)




Grayd Resource Corporation (TSX VENTURE: GYD.V)

Intersects 24.4 m Grading 6.09 g/t Au at La India Gold Project

announces assay results from the first eight reverse circulation holes drilled in 2008 on its wholly-owned La India Gold Project located in the state of Sonora, Mexico.

Highlights include

RC08-278 with 24.4 m grading 6.09 g/t Au,

RC08-283 with 9.1 m grading 5.39 g/t Au and

RC08-281 with 3.0 m grading 9.56 g/t Au.

Intersections in these holes are all in the same geological position and confirm a high grade area that can be correlated from hole to hole.



Great Panther Resources Limited (GPR.TO)

Record Output Continues With 431,639 Ag Eq Oz in Q1

operations improvement at both its 100% owned Mexican mines continues, with many quarterly production records being broken.

Operational highlights include:

Highest ever metal production of 431,639 silver equivalent ounces (Ag Eq Oz), a 24% sequential increase and 36% over Q1 2007.

includes 285,139 oz of silver,
1,589 oz of gold,
478,400 lbs of lead, and
523,400 lbs of zinc.

New record for total production of 285,139 ounces of silver, a 35% increase over the previous quarter, and an increase of 59% over the first quarter of 2007.

Records for silver and gold production from Guanajuato; at 198,663 ounces Ag and 1,369 ounces Au, were up by 56% and 45%, respectively, compared to the fourth quarter of 2007.

Records for silver and lead production from Topia; at 86,476 ounces and 217 tonnes, were up by 4% and 12%, respectively, compared to the fourth quarter 2007.

MARCH 31 – Great Panther Announces FY2007 Results, Achieves First Mining Profits, Revenues Increase by More Than $10 Million





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