Agoracom Blog Home

Author Archive

« Older Entries
Newer Entries »

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 27/08)

Posted by AGORACOM at 10:54 AM on Monday, October 27th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s October 27 and we’ve found 5 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

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 news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

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 entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! :-)

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

  • OurPet’s Company – OTC BB:OPCO $0.35
  • **Noront Resources – TSX-V:NOT $0.81
  • Anaconda Mining – TSX:ANX $0.23
  • AuEx Ventures – TSX:XAU $1.14
  • Normabec – TSX-V:NMB, FSE:N6M $0.07

Posted in AGORACOM Small-Cap TV | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 27/08)

Apple ($AAPL) Longs Breaking Cardinal Rule “Don’t Fall In Love With A Stock”

Posted by AGORACOM at 9:27 AM on Saturday, October 25th, 2008

It is no secret that I have been an Apple ($AAPL) bear since June of this year – and I took a lot of heat for my June call.  However, the fact of the matter is that anybody who listened to that call made a bundle of cash today:

Today, though the easy money is done, I continue to remain bearish on Apple over the next 6 months.  Yes, it will fluctuate and probably be a good trader but I would sell into each one of those rallies and buy more puts into each one of them.

Why? We haven’t even begun to see the consumer crisis hit the markets. Consumer’s are up to their eyeballs in debt and have no way to pull out now that their portfolio and home values have been crushed.  As a result, they are making serious cutbacks in spending.  Everything is on the table and the cheaper price wins. Period.

Apple will feel this the hardest because every one of their products is priced at the high-end.  There is no better example of this than the iPhone.  Don’t be fooled by this initial flush of sales that were made to early adopters and vanity purchasers.  It will definitely be harder in the coming months to convince price-conscious consumers to pony up $175 or more just to get Facebook on the go.

Make no mistake about it, I love this company for its vision and innovation and I’m sure many of you do as well … but don’t make the mistake of falling in love with the stock.  It will break your heart by Valentine’s Day 2009.

Regards,
George

Posted in All Recent Posts | Comments Off on Apple ($AAPL) Longs Breaking Cardinal Rule “Don’t Fall In Love With A Stock”

Potash Corp ($POT) “On The Prowl” To Acquire Legend International ($LGDI)?

Posted by AGORACOM at 8:52 AM on Saturday, October 25th, 2008

According to this excerpt from the October 24th Metals Morning Note from Salman Partners, Potash Corporation of Saskatchewan is “On The Prowl” as depressed equity prices have provided significant acquisition opportunities.

Specifically, Salman believes AGORACOM client Legend International Holdings is a likely target given its ability to provide Potash Corp with an entrée into Indian markets.

GEORGE SOROS OWNS 10.18% OF LEGEND INTERNATIONAL

AGORACOM members and readers of my blog won’t find this news to be surprising when you consider the company’s fundamentals and some of its investors.  First, on the latter point, Reuters recently reported that George Soros, via Soros Fund Management, has taken a 5.19% stake (11.7 million shares) in AGORACOM client Legend International Holdings (LGDI: OTCBB).

On October 17, his stake in LGDI was increased to 10.18%

Second, if you are looking for reasons behind both the Soros investment and Salman’s call for an acquisition by Potash Corporation of Saskatchewan, take a look at the following.

SCOPING STUDY CALLS FOR $1.7 BILLION IN ANNUAL PROFITS

LGDI caught the attention of markets when these significant results were released from a scoping study on its phosphate projects in Queensland, Australia.  Quite frankly, these are the biggest numbers I have ever seen , the highlights of which are included below:

The scoping study was conducted by British Sulphur, a division of CRU International. They prepared initial project capital and operating costs assuming sale prices for phosphate of US$100 per tonne fob, US$200 per tonne fob, US$300 per tonne fob and US$400 per tonne fob.

In March 2008, sales of Moroccan product at US$400 per tonne fob Morocco were recorded. Phosphate isn’t priced on a daily market like gold or soybeans, so you have to take actual market transactions.

Based on $US 400/tonne:

  • Annual Gross Earnings – $US 1.7 Billion
  • 5 Million Tonnes Of Production Per Year
  • Historically Defined Phosphate Deposits of 1.463 billion tonnes
  • At $300 Per Tonne, Annual Gross Earnings – $US 1.2 Billion
  • At $200 Per Tonne Annual Gross Earnings – $US 700 Million
  • Phosphate Prices Driven By Global Agricultural Demand For Fertilizer
  • CAPEX Of $826 Million To Construct Infrastructure

Given the gravity of these figures, I also think it is important to note the producers of the Scoping Study to make sure it is reliable. The British Sulphur Consultants Division of CRU Group has been the leading business consultancy in the fertilizer and inorganic chemical sector for over 50 years. British Sulphur was the first supplier of information to the fertilizer industry, and remains the largest provider of services to the industry.

LGDI SIGNS LANDMARK AGREEMENT WITH IFFCO, INDIA’S LARGEST FERTILIZER ENTERPRISE

On July 16th, LGDI and IFFCO, announced this landmark agreement.

IFFCO is India’s largest fertilizer enterprise, a cooperative with over 50 million farmers associated with it, primarily engaged in production and marketing of nitrogenous and phosphate fertilizers in India. IFFCO has five fertilizer plants in India with a domestic annual capacity of producing 4.3 million tonnes of phosphatic fertilizers and 4.2 million tonnes of nitrogenous fertilizers.

CONCLUSION

If LGDI is good enough for George Soros, Salman Partners can’t be too far off on its belief that LGDI is a potential acquisition target for Potash Corp.

Regards,
George

Posted in All Recent Posts | 3 Comments »

Small-Cap CEO Lesson: This Is How You Communicate With Investors During Turmoil

Posted by AGORACOM at 1:02 PM on Friday, October 24th, 2008

Pursuant to my recent post entitled “Best Investor Relations Practices During Market Turmoil” I’m pleased to provide you with a communique sent by Kim Tyler, President of Canadian Arrow Mines, to his shareholder base via AGORACOM. Take a look at my comments following his message as to why this was a simple but effective move.

======

Friends and investors;

Attached below is a link to an interview regarding the latest Canadian Arrow and Kenbridge update. We are not dissuaded by the current and ongoing financial turmoil as we believe the underlying fundamentals for economic growth, hence nickel and stainless steel, are still secure. Demand by the emergent Asian middle class may slow temporarily but will ultimately not be appeased by the current mine closures, lack of new supply coming on-stream and expected run on supply thereafter.

The current spate of high cost operations closures may well continue. This is healthy for Canadian Arrow and Kenbridge. Canadian Arrow is still perfectly poised to bring production on-stream over the next 1.5 to 2 years at a projected operating cash cost of US$3.47 per lb of nickel net of copper credits, well under current and projected prices, at a perfect time to meet the next upswing in the base metals sector.

Canadian Arrow has a competent team with a commitment to succeed, a completed positive scoping study, NI43-101 Measured and Indicated lbs in the ground, and more than all that, infrastructure in the ground by way of the existing shaft.

Thanks once again for your continued support.

Best regards,
Kim

Link To Interview

======

This was a simple but very effective message for 4 reasons.

First of all, hats off to Kim for exercising best investor relations practices during a period of market turmoil. Investors may be fearful but they are looking for leadership and confidence. Kim delivered it.

Second, I commend Kim for communicating with investors via text and video. The text message was strong and to the point. He didn’t ramble, he stuck to pertinent facts. The video, on the other hand, then creates a conversation between Kim and his shareholders.

Third, everyone should take note of the fact that Kim used this opportunity to remind investors about the long-term reasons they originally used to invest in his company. In an environment in which fear can blind investors from fundamentals, CEO’s need to make sure that fundamentals trump emotions.

Fourth – and I love this one – Kim uses market and industry weaknesses to his advantage by specifically demonstrating to investors how Canadian Arrow Mines is positioned to benefit from such weakness. Brilliant.

Simple but extremely effective. You can bet Canadian Arrow shareholders are breathing a whole lot easier today.

This is how you communicate with investors during market turmoil.

AGORACOM clients have been taping or in the process of taping their own messages to shareholders. If you have not done so, what are you waiting for?

Regards,
George

Posted in All Recent Posts, Online Investor Relations, Small-Cap CEO Lessons | 2 Comments »

African Stock Markets Are In The Green

Posted by AGORACOM at 10:52 AM on Friday, October 24th, 2008

Story courtesy of RGE Montior 

If you are looking for investments that are not just outperforming markets but in the green, go to Africa.

Ghana’s all share index has gained 60% this year as they are affected by local rather than global issues

The Zimbabwe Stock Exchange is marking record gains as after hard currency, the stock market is the only viable option. The benchmark Industrial Index soared 257%, with share prices of some companies rising by up to 3,500%

Afrol: While the Johannesburg Securities Exchange (JSE) has seen fewer losses than comparable bourses in Europe and America, it has declined 48% from the record highs that were registered in May. Gold reached a price of US$ 914 an ounce, and this price jump made a positive impact on the JSE’s gold index.

African stocks increased 210% in the last five years and are among the fastest growing stock markets globally. The strong performance and potential of the African stock markets can be attributed to the steady and fast economic growth of the whole African continent.

Regards,
George

Posted in All Recent Posts | 1 Comment »

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 24/08)

Posted by AGORACOM at 10:52 AM on Friday, October 24th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s October 24 and we’ve found 2 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

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 news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

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 entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! :-)

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

  • SpongeTech Delivery Sys – OTC BB:SPNG $0.03
  • Etruscan Resources – TSX:EET $0.34

Posted in AGORACOM Small-Cap TV | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 24/08)

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 23/08)

Posted by AGORACOM at 10:16 AM on Thursday, October 23rd, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s October 23 and we’ve found 5 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

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 news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

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 entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! :-)

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

Posted in AGORACOM Small-Cap TV | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 23/08)

Metals Keep Drying Up As COMEX Pretends Otherwise

Posted by AGORACOM at 12:04 PM on Wednesday, October 22nd, 2008

Great article out of GATA the other day (I was at a funeral so apologies for the lag time). We’ve been reading more and more stories about the suspension/halt of gold coins over the last 60 days. First, the US Mint had to temporarily suspend sales of its American Eagle one-ounce gold coins on Aug. 15 – and then later that month announced sales of the American Eagle coins would resume under an allocation program to designated dealers.

Since then, we have had the following notable headlines:

September 26 – US Mint Suspends Sale of 24-Carat Gold Coins

The U.S. Mint is temporarily halting sales of its popular American Buffalo 24-karat gold coins because it can’t keep up with soaring demand as investors seek the safety of gold amid economic turbulence .. full story

October 8 – Mint Widens Freeze on Gold Coin Sales

Citing extraordinary demand, the U.S. Mint has broadened its freeze on sales of gold bullion coins, as individual investors who are priced out of the futures markets have been piling up their holdings of the … full story

October 8 – Canadian and US Mints Can Not Keep Up With Gold Coin Demand

An array of gold and silver coins from various mints – including the U.S. Mint and the Royal Canadian Mint – have been temporarily removed from the offerings at Kitco Inc., a precious metals dealer … full story

WHY THE DISCONNECT WITH COMEX?

Clearly, both investors and citizens are demanding physical gold to the point of exhausting supply, so why are COMEX prices not reflecting the demand? Our Chief Commentator, Peter Grandich, stated:

“There’s an old saying: ‘Don’t fight City Hall.’ I have a new one: ‘Don’t fight the bandits on the Comex.’

“There’s no rational explanation for the incredible disconnection between gold’s physical demand and the paper trading of it on the Comex. Whatever doubt anyone had about GATA being right in its cause would be gone in my humble opinion if you watched Comex trading every day. A very good friend of mine says he doesn’t mind losing in gold and his mining stocks, but when you can see criminals stealing it from you on the Comex, you just want to die.

The GATA article also goes on to report significant silver shortages in Mexico. Specifically, Hugo Salinas Price, president of the Mexican Civic Association for Silver stated:

“Mexico’s central bank has informed us that as of this morning they will be able to supply us with only 60,000 Libertad silver ounces from here to December….How is it possible that a country that is either No. 1 or No. 2 in silver production (Peru sometimes exceeding Mexico) cannot supply silver coin?”

Is the disconnect manufactured? Nobody can say for sure but when real-life isn’t reflected in the marketplace the real world usually ends up winning … just ask every purchaser of “AAA” sub-prime mortgage packages.

Regards,
George

Posted in All Recent Posts, Gold $2,000, US Economy | 2 Comments »

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 22/08)

Posted by AGORACOM at 10:11 AM on Wednesday, October 22nd, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s October 21 and we’ve found 4 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

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 news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

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 entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time!

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

  • **AlphaRX – OTC BB:ALRX $0.058
  • Continental Nickel – TSX-V:CNI $0.80
  • San Gold Corporation – TSX-V:SGR $0.84
  • Romios Gold – TSX-V:RG, OTC BB:RMIOF $0.13

Posted in AGORACOM Small-Cap TV | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 22/08)

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 20/08)

Posted by AGORACOM at 10:08 AM on Monday, October 20th, 2008

Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s October 20 and we’ve found 3 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.

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 news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN

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 entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! :-)

Now, onto our show notes for the day.

** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.

  • Gravity West – TSX-V:GRW $0.075
  • Boxxer Gold – TSX-V:BXX $0.02
  • Talon Metals – TSX:TLO $0.27

Posted in AGORACOM Small-Cap TV | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 20/08)

« Older Entries
Newer Entries »