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AGORACOM Grandich Deal Covered By Financial Post

Posted by AGORACOM at 11:16 AM on Monday, October 6th, 2008

I am happy to announce that our acquisition of www.grandich.com and appointment of Peter Grandich as Chief Commentator has been covered by Grant Surridge of the Financial Post. The coverage comes within a larger article about the migration of newsletters to online formats.

It was a sign of the times last Friday when investing guru Peter Grandich
agreed to sell his Grandich Letter to Toronto-based online investment community
Agoracom.com and join the site as a blogger. “The paper newsletter, so to speak,
is just going to be a dinosaur,” Mr. Grandich said. “Everybody is going to go to
the Web for any type of reading.”
…full story.

Regards,
George

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 06/08)

Posted by AGORACOM at 10:57 AM on Monday, October 6th, 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 6 and we’ve found 6great 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.

  • **Legend International Holdings – OTC BB:LGDI $0.58
  • ACL Semiconductors – OTC BB:ACLO $0.395
  • China Energy Recovery – OTC BB:CGYV $1.95
  • Andina Minerals – TSX-V:ADM $1.08
  • MEDX Health – TSX-V:MDX $0.19
  • EV Transportation – OTC BB:EVTP $1.30
  • Oro Gold – TSX-V:OGR $0.29

Bailout Bill At Risk Of Severe Backlash If Markets Suffer Bad Week

Posted by AGORACOM at 6:02 AM on Monday, October 6th, 2008

Given the fact most American citizens view the Bailout Bill as exactly that, a bailout, who is going to explain the drop in markets on Friday and what is now looking to be a bad Monday?

More importantly, If they perceive the Bailout Bill as an outright failure right out of the gate, what kind of backlash can we expect from a very, very angry nation? Will they demand the Bill be repealed? Or, at the very least, demand no further infusions be made beyond what has already been made?

If the markets continue this morning’s trends throughout the week, we could be looking at a severe crisis of confidence within the United States.

Regards,
George

Breaking Financial News – 6:30 AM EST – Buckle Up. World Markets Battered.

Posted by AGORACOM at 5:48 AM on Monday, October 6th, 2008

If the bailout bill was supposed to stabilize markets, somebody forgot to tell investors around the world.  I woke up this morning to find the following:

  • Asian Markets – > Down 4 %- 5%
  • Euro Exchanges – > Down 5.5%
  • US Futures – > Dow, S&P, Nasdaq down 2.1 – 2.5%
  • Overnight Dollar Libor – > 2.37% vs 2%

On the green side, gold is up $15 to $851.

On the green side (for the economy) oil has fallen below $90.

Regards,
George

TechCrunch Gets It All Wrong.

Posted by AGORACOM at 10:13 PM on Sunday, October 5th, 2008

Dan Kimerling over at TechCrunch identifies that companies like Google, Six Apart and Plaxo were born during bleak times – but then makes the mistake of drawing a causal connection between their success and the subsequent economic turnaround. As a result, he states the following:

“Given the current economic environment, continued technological innovation
is one of the things that is likely to turn the economy around and help
restore confidence in the health of the world wide economic engine.”

Sorry Dan but you are way off with your conclusion. Saying that great tech innovations lead the economy out of tough times is as illogical as saying terrible tech innovations sitting in the TC death pool are leading the economy into tough times.

THE TRUE MORAL OF THE STORY

The true moral of the story is that – in tough times – people create tools with real utility and real business models. There is neither the patience, nor the money for kids with “cool” ideas (aka DeadPool), so entrepreneurs are forced to get back to the basics in tough times and create technologies that can actually be utilized by people willing to pay for them. They are adopted into the mainstream and flourish as the economy inevitably enters recovery and prosperity.

This only further supports my well documented rants that the last 4 years has seen far too much emphasis on “cool” but utterly useless tools. It is no coincidence – but it is ironic – that the cool phase occurs as VC’s become flush with cash thanks to the success of real technologies born out of tough times.

Unfortunately, the availablity of funds leads to waaayyy too many dumb ideas, which are only accentuated by blogs such as TechCrunch that get caught up in the mania, which only leads to waaayyy more dumb ideas.

SURPRISE !! DUMB IDEAS DON’T LAST

Unfortunately – but inevitably – dumb ideas don’t last. If you need any further proof, just take a look at both the size of the TC Dead Pool and it’s accelerating rate of growth. VC’s get squeezed by the lack of exits and suddenly people in Silicon Valley are shocked at the drop off in VC funding.

TechCrunch itself is an example of this when Dan states the following in his post:

“VC funding, essential for many startups, will not come if VC funds
do not see IPOs occurring because the IPO market is all but non-existent
and corporate buyers cannot go to credit markets in order to fund acquisitions.”

Unlike Dan, however, I won’t make the mistake of creating a causal connection betwen crappy technology innovations and a weakening economy. Crappy technologies suffer in a weak economy, they don’t create a weak economy.

Likewise, great technologies are born out of scarcity and flourish in a growing economy, they don’t create it.

I hate to see the economy in a recession – but at least I can look forward to smart people once again creating great technologies.

Regards,
George

Breaking News: George Soros Takes 5.19% Stake In AGORACOM Client

Posted by AGORACOM at 5:58 PM on Friday, October 3rd, 2008

Good afternoon to you all. Reuters is reporting 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).

SCOPING STUDY CALLS FOR $1.7 BILLION IN ANNUAL PROFITS

I am sure that much of the decision to invest in LGDI came 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

Congratulations to the entire LGDI team for putting together the kind of company that the likes of George Soros believe in.

Regards,
George

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 03/08)

Posted by AGORACOM at 10:31 AM on Friday, October 3rd, 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 3 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.

AGORACOM Acquires Grandich.com, Appoints Peter Grandich Chief Commentator

Posted by AGORACOM at 7:35 AM on Friday, October 3rd, 2008

TORONTO, October 3, 2008 – AGORACOM (http://www.agoracom.com), Canada’s largest small-cap investment community and only provider of monitored online communities to public companies, is proud to announce the acquisition of www.Grandich.com, the home of The Grandich Letter, a leading newsletter analyzing the metals and mining markets within global stock and bond markets. The Grandich Letter has been published since 1984, has over 11,000 subscribers and also serves as an investor relations vehicle for Grandich clients.

In addition, AGORACOM is very pleased to announce that Peter Grandich, publisher of the Grandich Letter, has been appointed Chief Commentator and can be found at http://grandich.agoracom.com

ACQUISITION COMBINES POWERFUL SMALL-CAP COMMUNITY WITH LEADING COMMENATARY

The combination of AGORACOM and Peter Grandich represents the next generation of financial communities, in which investors read in-depth leading commentary and then have the ability to interact with both management and investors in a monitored, professional and courteous environment.

Over the past 12 months, the AGORACOM small-cap community has attracted over 1,200,000 investors that have read over 101,000,000 pages of information, while Peter Grandich commentary has been quoted in major financial media such as The Wall Street Journal, Marketwatch, CNN, GlobeInvestor, Financial Post and BNN.

George Tsiolis, Founder of AGORACOM, stated “This is a momentous occasion for two reasons. First, from a personal point of view, I have admired Peter Grandich for several years for both his integrity and his analytical abilities. I’ve never met someone with such an uncanny ability to perfectly call tops and bottoms, only to then go out and publish them despite not always being in the best interests of his clients. His calls on the perilous state of the US stock market and financial industry were well documented long before the public had any hint of the problem – and don’t start me on his crystal ball for the gold market. His value to AGORACOM is immeasurable.”

“Secondly, from a business point of view, you could not find a more complementary combination. Investors need access to consistent and high-quality commentary, as well as, the ability to then collaborate and exchange ideas with other investors and CEO’s. We now have that.”

Peter Grandich, Founder of Grandich Publications stated “Today’s news marks a significant step forward for both Grandich readers and clients. The importance of not just the internet but Web 2.0 capabilities can not be overstated. We live in a world where investors demand both the ability to interact and the option to receive information on their own terms. AGORACOM provides both a blog and monitored forums format that provides the best interaction tools I have ever seen. At the same time, my commentary will now be available for consumption via web postings, e-mail, RSS Feeds and even Twitter. Moreover, through the use of tagging and search engine techniques developed by AGORACOM, my commentary will reach a new audience that I could never have dreamed of ever reaching. Grandich readers and clients should be very happy today.”

Grandich went on to add “On a personal note, I have invested a significant portion of my life, time and energy into my work. George Tsiolis and his team at AGORACOM are the perfect fit for this next step of mine because they put integrity above all else. They have mastered Web 2.0 and ushered in the next phase of communications and investor relations – but they did it by truly caring about their audience and clients first – a rare combination today. As such, I have no doubt that we are going to accomplish great things together for many years to come.”

About AGORACOM – No Profanity, No Spam, No Stock Bashing, No Stock Hyping

AGORACOM (http://www.Agoracom.com) is North America’s only small-cap community built to serve the needs of serious small-cap and micro-cap investors. No rumours, profanity, stock bashing or hyping. Over the past 12 months, AGORACOM has attracted over 1,200,000 that have read over 100,000,000 pages of information.

AGORACOM Investor Relations (http://www.AgoracomIR.com) is North America’s largest online investor relations firm for small-cap companies. We have partnered with the world’s biggest internet companies, including Globe Investor, Yahoo, AOL, Google and Blackberry to market our clients to a massive audience of new small-cap investors. We have served over 250 companies since 1997.

About Peter Grandich

With no formal education or training, Peter Grandich entered Wall Street and within three years was appointed Vice President of Investment Strategy for a leading New York Stock Exchange member firm. A prolific and often-quoted writer, he edited and published four investment newsletters.

Labeled the Wall Street Whiz Kid, Grandich gained national notoriety by being among the very few who not only forecasted the 1987 stock market crash just weeks before it happened, but on the very next day he predicted that within two years the market would reach a new all-time high – which it did. Proving his 1987 forecast was no fluke, Mr. Grandich said in January 2000 that the year 2000 will go down as the year the great mega bull market of the 80s and 90s came to an end.

He appears almost daily in the financial media on TV, radio, the web and in print. Grandich also speaks at major investment conferences worldwide and has been awarded Best Speaker Award eight times. His company, Grandich Publications, also provides a variety of services to publicly-held corporations on a compensation basis.

CONTACT INFORMATION

MEDIA INQUIRIES

Mitchell Fanning
Director of Marketing / Communications
[email protected]

Jo Schloeder
Creative Approach, inc.
Phone 732-751-1004
E-Mail: [email protected]

CORPORATE INQUIRIES

George Tsiolis, LL.B
President
AGORACOM
[email protected]

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 01/08)

Posted by AGORACOM at 10:27 AM on Thursday, October 2nd, 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 2 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.

  • Columbus Gold – TSX-V:CGT $0.14
  • Romios Gold – TSX-V:RG, OTC BB:RMIOF $0.165
  • China Biologic Products – OTC BB:CBPO $2.00
  • AXS One – OTC BB:AXSO $0.26

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (Oct 01/08)

Posted by AGORACOM at 10:22 AM on Wednesday, October 1st, 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 1 and we’ve found 7 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.

  • VMS Ventures – TSX-V:VMS $0.42
  • SLAM Exploration – TSX-V:SXL $0.06
  • Probe Mines – TSX-V:PRB $0.195
  • Victoria Gold – TSX-V:VIT $0.28
  • Gateway Gold – TSX:GTQ $0.13
  • Esperanza Silver – TSX-V:EPZ, PINK:ESPZF $0.72
  • South American Silver – TSX:SAC $0.24