Agoracom Blog

AGORACOM Small-Cap TV – 4 Great Press Releases At The Open (May 9th)

Posted by AGORACOM at 8:11 AM on Friday, May 9th, 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 May 9th and we’ve found 4 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.

Louvem Mines Inc. (TSX VENTURE:LOV)

Reports its 2008 First Quarter Results (March 31)

Net earning of $906,426 = $0.03/share, compared with a net loss of $233,920 for 2007;

Revenue increase of 58% to $3,840,314;

4,001 ounces of gold sold at an average price of US$955 for 2008 compared with 3,106 ounces of gold sold at an average price of US$726 for 2007;

Cash flow from operations was $1,394,285 for the first quarter of 2008, compared with $140,764 for the same period in the prior year

Production cash cost of US$528 in 2008, compared with US$583 in 2007.



AGORACOM Announces Brand New IPO and Latest Client:

General Automotive Company (GNAU: OTC.BB)

  • $15 million + Revenues For Fiscal 2007
  • Supplier to Daimler-Chrysler Corp. & OEM to MOPAR for after-market auto products
  • Tier 1 supplier to Chrysler, Mitsubishi, Kia and Others for mobile electronics
  • Market Cap Of $7,000,000 = Valuation Of .5 X Revenues

General Automotive Company (“GAC”), is a provider of Original Equipment (“OE”) and aftermarket automotive parts, mobile electronics, and related automotive products at multiple levels of distribution throughout the United States and internationally.

** Through its two wholly-owned subsidiaries, the Company has focused its efforts on utilizing its relationships with manufacturers in China, Korea and Japan to bring state-of-the-art automotive parts, accessories and products to automobile manufacturers and major parts distributors in the U.S.



Noront Resources Ltd. (TSX VENTURE:NOT)

Receives Analytical Results From Eagle One Deposit

announced the receipt of final assays on holes NOT-07-28, and NOT-08-30 to NOT-08-35

on its 100%-owned Eagle One deposit within Noront’s Double Eagle Project in the McFauld’s Lake Area of northeastern Ontario.


Hole 28 averaged 6.73% nickel, 5.11% copper, 0.05 g/t platinum, 14 g/t palladium, 0.41g/t gold and 12.9 g/t silver over 1.5 metre core length,

within a much larger 73.2 metre section that averaged 1.31% nickel;

Hole 30 averaged 3.5% nickel, 3.54% copper, 0.48 g/t platinum, 8.96 g/t palladium, 0.22 g/t gold and 9.3 g/t silver over 11.1 metres,

within an 84.7 metre core length that averaged 1.1% nickel;

Hole 34 averaged 6.88% nickel, 5.05% copper, 2.53 g/t platinum, 14.07 g/t palladium, 0.39 g/t gold and 15.1 g/t silver over 10.6 metres,

within an 38.5 metre core length that averaged 2.34% nickel.

Last: $4.70


Jingwei International Limited (OTCBB: JNGW)

Reports First Quarter 2008 Financial Results


Revenue increased 78.1% to $5.8 million from $3.2 million in the first quarter of 2007

Gross profit increased 50.0% to $3.7 million from $2.5 million in the first quarter of 2007

Net income increased 25.1% to $2.8 million from $2.2 million in the first quarter of 2007, or $0.16 per diluted share

Jingwei International is one of the leading providers of data mining and customer relationship marketing (CRM) services in China.

With a customer database of over 300 million Chinese consumers, Jingwei enables leading Chinese companies to reach their target audience.

4.50 (9.00 – 3.05)

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