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AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 23/09)

Posted by AGORACOM at 9:00 AM on Friday, October 23rd, 2009

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 23rd and we’ve found 2 great press release and stock halts to report on at the open. Another great day for mall-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.

  • Victoria Gold Corp – TSX-V:VIT $0.50
  • China Sunergy – NASDAQ:CSUN $4.13

Posted in All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 23/09)

Is This April 1? SEC Just Nailed The Dumbest Stock Manipulator Of All Time.

Posted by AGORACOM at 6:42 PM on Thursday, October 22nd, 2009

Image Courtesy Of ComicVine.com

Image Courtesy Of ComicVine.com

Unless this is April 1st, grab a beverage and then sit back to enjoy the story of Lambros Ballas, a registered representative of New York stock brokerage firm Global Arena Capital Corporation, who just got nailed by the SEC for what I can only call the dumbest stock manipulation of all time.

Like many stock manipulators, he used stock discussion forums to point to fake press releases that he had created.  That is where similarities to other stock manipulators ends.  Why?  Stock manipulators typically pump press releases about deals between unknown micro-cap companies (ACME Ammo signs $100,000,000 Purchase Agreement With Wiley Coyote) that are nearly impossible to verify and always manage to attract some suckers.

Nope, good old Lambros swung for the fences by including the likes of Microsoft , Google, IMAX and Disney!  No joke.  His schemes were hugely successful for about 7 minutes until they started showing up on StockTwits Desktop and a million other monitoring services.  Clearly, Lambros is clueless about the real-time web.

Here are the excerpts.  You just can’t make this stuff up.  The best pump was the last one.

* Ballas issued a phony press release the evening of Sept. 29, 2009, announcing that Pennsylvania biotech company Discovery Laboratories had obtained approval from the U.S. Food and Drug Administration for a drug under development. Ballas then posted a message on a stock message board with a link to what he described as the company’s “official press release.” In his post, Ballas claimed to have called his “personal broker” who “says it’s been confirmed.” The next morning, Discovery Laboratories shares opened significantly higher.

* The next day, Ballas issued another press release falsely claiming that IMAX Corporation had been acquired by Disney. Once again, he followed up by posting links to the phony release on a stock message board, telling other potential investors that he had bought 10,000 IMAX shares and that his broker “just called me to tell me at the crack of dawn.

* Ballas continued his scheme on October 1, issuing a phony press release stating that California search engine company Local.com was being acquired by Microsoft. Ballas again followed up by posting messages and links to the Local.com release on stock message boards. In one posting he stated: “Local just bought out by Microsoft, at $12.50 per share including patent ownership.” In after-market trading, Local.com’s stock price rose nearly 80 percent.

* Later that night, Local.com issued a corrective release saying that the Microsoft release had been false — there was no Microsoft acquisition. Undeterred (Gotta love this guy), the next day Ballas issued another phony release, this time stating that it was Google, and not Microsoft, that was acquiring the company.

Anybody disagree that Lambros is clearly the dumbest stock manipulator of all time?

And before I hear any Greek jokes, remember that we still have Harry Markopolos to more than make up for Lambros.

Regards,
George

Posted in All Recent Posts, Stock Scams | 1 Comment »

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 22/09)

Posted by AGORACOM at 9:00 AM on Thursday, October 22nd, 2009

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 22nd and we’ve found 5 great press release and stock halts to report on at the open. Another great day for mall-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.

Posted in All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 22/09)

Record Quarterly Gold Production of 7,655 Ounces Announced By Castle Gold (CSG: TSXV)

Posted by AGORACOM at 11:11 AM on Wednesday, October 21st, 2009

With gold having firmly broken the $1,000 barrier, news of record gold production could not have come at a better time for AGORACOM client, Castle Gold Corp.   The company owns 100% of the El Castillo Gold Mine in Durango State, Mexico and and has been increasing production both annually and sequentially.  As with all clients, assume I am horribly conflicted about Castle Gold – but record quarterly production + annual and sequential increases are simply great factors that warrant a closer look at the company:

Operating highlights for the third quarter ended September 30, 2009 compared to Q3-2008 and Q2-2009, include:

  • New quarterly gold production record of 7,655 ounces of gold, a 65 percent increase from the year earlier third quarter period of 6.421 ounces and a 19 percent increase from the previous quarter (Q2-2009) of 6,421 ounces of gold produced.
  • New quarterly record for total tonnes mined of 2,594,800 tonnes of combined ore and waste, a 109 percent increase from the year earlier third quarter period of 1,239,500 and a 39 percent increase from the previous quarter of 1,862,300 tonnes mined.

To read the press release in its entirety please click on the link below:

Castle Gold Q3-2009 Operating Performance-El Castillo Gold Production Increases 65 Percent Compared to Q3-2008

About Castle Gold

Castle Gold Corporation is a growth oriented gold producer with projects focused in the America’s. The Company owns a 100% interest in the El Castillo gold mine in Mexico and a 50% interest in the El Sastre gold mine in Guatemala. Castle Gold is also advancing exploration and development work at its La Fortuna gold-silver-copper project in Mexico and at its El Sastre and El Arenal project in Guatemala.

Link to Hub / Link to Profile / Link to Forum
Congratulations to the entire Castle Gold team.
Regards,
George

Posted in AGORACOM Clients (New), All Recent Posts | Comments Off on Record Quarterly Gold Production of 7,655 Ounces Announced By Castle Gold (CSG: TSXV)

New Dawn Mining Announces $US 2,779,000 In Gold Sales For Quarter Ended September 30, 2009

Posted by AGORACOM at 9:40 AM on Wednesday, October 21st, 2009

(ND:TSX)

AGORACOM client, New Dawn Mining, is no stranger to my blog thanks to their continued release of hard production and revenue figures from gold production.  Today is no exception thanks to the following press release New Dawn Mining Corp. Reports Gold Sales from Turk Mine in Zimbabwe for the Quarter Ended September 30, 2009.

Amongst other things, New Dawn reported that gold sales from gold produced and sold from New Dawn’s Turk Mine in Zimbabwe for the quarter end September 2009 totaled US$2,779,000.  Other highlights include:

  • Total gold sales of US$2,779,000 for the quarter ended June 30, 2009
  • 3,059 ounces of gold produced during the quarter
  • Average net sales price of US$956 per gold ounce
  • At September 2009 month-end, an additional 733 ounces or 22.8 kg’s of gold were awaiting export for sale in South Africa, and will be included in October 2009 sales
  • 100% of gold sales were received in US Dollars

As always, assume I am horribly conflicted about AGORACOM clients and read the entire press release:

Link to Hub / Link to Profile / Link to Forum

Congratulations to Ian and his team for a continued job well done.

UPDATE:  I’ve taken the liberty of embedding video of a recent interview with Ian Saunders at the Cambridge Conference recently.  Short, concise but great info.  Well worth the 5-minutes to watch it.

Regards,
George

Posted in AGORACOM Clients (New), All Recent Posts | 1 Comment »

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 21/09)

Posted by AGORACOM at 9:00 AM on Wednesday, October 21st, 2009

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 21st and we’ve found 3 great press release and 2 stock halts to report on at the open. Another great day for mall-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.

Posted in All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 21/09)

Benton Resources (BTC:TSXV) – $15.2 Million In Cash, $11 Million In Holdings … $29 Million Market Cap

Posted by AGORACOM at 1:54 PM on Tuesday, October 20th, 2009

There is a lot more than meets the eye when it comes to AGORACOM client, Benton Resources.  As always, assume I am horribly conflicted about this client – but do yourself a favor and take a look at the following numbers, which speak for themselves:

  • $15.2 Million in Cash
  • $29 Million Market Cap
  • 34% ownership Coro Mining Corp (COP.TSX) – Market Value: $9.8 Million (Oct 20, 2009)
  • Ownership in Marathon PGM Corp (MAR.TSX) – Market Value: $1.35 Million (Oct 20, 2009)

‘Nuff said.

Benton Resources Corp. is a mineral exploration company with an aggressive and experienced management team that is focused on base and precious group metal exploration. The recent prospecting program on the Copper Hill Block A option, located 100 Km south of Timmins, has identified a new gold zone (the Crocker Zone) with assay results of up to 9.65 grams per tonne gold from surface grab samples

Benton Resources: Profile / Benton Resources: Hub / Benton Resources: Shareholder Forum

Regards,
George

Posted in AGORACOM Clients (New), All Recent Posts | 1 Comment »

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 20/09)

Posted by AGORACOM at 9:00 AM on Tuesday, October 20th, 2009

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 20th and we’ve found 4 great press release and 2 stock halts to report on at the open. Another great day for mall-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.

  • China North East Petroleum – NYSEAmex:NEP $5.75
  • Huaneng Power International – NYSE: HNP $26.74
  • Osisko Mining Corp – TSX:OSK $7.62
  • Metanor Resources – TSX-V:MTO $0.69
  • Advitech Inc – TSX-V:AVI Stock Halted Pending News
  • Garson Gold Corp – TSX-V:GG Stock Halted Pending News

Posted in All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 20/09)

AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 19/09)

Posted by AGORACOM at 9:00 AM on Monday, October 19th, 2009

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 19th and we’ve found 4 great press release and stock halts to report on at the open. Another great day for mall-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.

  • Shiner International – NASDAQ: BEST $1.58
  • East Asia Minerals – TSX-V:EAS $2.19
  • General Metals Corporation – OTC.BB:GNMT $0.07
  • ATAC Resources – TSX-V:ATC $1.24

Posted in All Recent Posts | Comments Off on AGORACOM Financial News TV – Breaking Small-Cap And Micro-Cap Financial News At The Open (October 19/09)

Inside Trading Stupidity Is Not Limited To Penny Stocks Folks

Posted by AGORACOM at 1:38 PM on Sunday, October 18th, 2009
Photo Via Bloomberg. Click For Article

Photo Via Bloomberg. Click For Article

When will they learn, when will they learn, when will they learn??  Perhaps, if I repeat myself, it will sink in, so here it goes:

You’re an idiot if you think you can get away with insider trading. Your crime provides a complete digital footprint for authorities to follow.

It’s Sunday morning and I’m getting ready to go out with the family.  I’ll give you the first paragraph and then you can read the entire article.

Oct. 16 (Bloomberg) — Raj Rajaratnam, the billionaire founder of Galleon Group,
and former directors at a Bear Stearns Cos. hedge fund were among six people charged
in a $20 million insider trading scheme that federal prosecutors called the biggest ever
involving hedge funds.

$20 Million  ….. as you’re reading, just remember that the biggest crooks in the financial markets reside on Wall Street, not in penny stocks.  Until Wall Street CEO’s Go To Jail And Pay Back Their Billions In Bonuses, mass faith in the markets will not be restored.

UPDATE:  Looks like an IR firm is at the center of this insider trading scheme as either the firm, or an employee (code name “Google Source“) was requesting $150,000 per quarter in order to provide insider information on Google.  Google Source‘s mistake was its marketing plan.  Selling inside information 1:1 is too slow … should have created a PPC program on Google to attract a huge number of clients. That would have attracted a whole lot less attention.

Regards,
George

Posted in All Recent Posts, Stock Scams | 1 Comment »

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