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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 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]

Suspending “Mark-To-Market” Rules = Japanese Style Recession

Posted by AGORACOM at 8:24 AM on Wednesday, October 1st, 2008

Good morning to you all.  Following the SEC’s decision yesterday to ease mark-to-market accounting rules, there is now talk about a temporary or even permanent repeal of the mark-to-market rules.

First, whether you understand MTM rules or not, you need to know this woud be a big mistake that would haunt our economy for years.

“As Japan learned, not taking the write downs only delays the day of reckoning. They propped up insolvent banks, and suffered a decade long recession for it. That way disaster lay . . .” [Ritholtz]

Second, whether you understand MTM rules or not, you need to read the following article to both learn about MTM and learn why any repeal of MTM would be a disaster.

Simply put, you can’t solve your problems by pretending they don’t exist for a little while.  If you are an American, you need to call / e-mail your Federal Representatives and let them know how you feel.  You need to do it today.  You also need to spread this message as fast as possible via blog posts, blog comments and e-mail to your friends.

The US economy can take it’s medicine now and get over it…or lie in bed for 10 years to avoid pain.  Right now, politicians would prefer the latter for no other reason than self-interest. This isn’t being cynical, this is a proven fact following the “CYA” voting that took place in Bailout Bill Part 1.

Regards,
George

John Stewart: “How Many Jews Are Even In Congress!?!”

Posted by AGORACOM at 11:22 PM on Tuesday, September 30th, 2008

I have to admit to quietly wondering why Congress was closed for the Jewish holiday after failing to pass a Bill that the country supposedly needed to stay alive.

If you were wondering and bewildered by the same question, take heart in the fact John Stewart was more pissed and bewildered than we were…and it is damn funny:

“Listen up Congress, get the fuck back to work!”

“For the Jewish holiday?  For god’s sake how many Jews are even in Congress?”

“Wall Street is open, I guarantee you they have more Jews on Wall Street than Congress !!”

“I’m here. The Daily Show is on and I guarantee you we have more Jews than Congress !!”

Priceless stuff while making a great point. Here’s the clip.

Regards,
George

SEC Charges California Biotech For Fraudulent Stock Scheme

Posted by AGORACOM at 3:59 PM on Tuesday, September 30th, 2008

For all the heat the SEC has taken lately, you have to give them full marks for cracking down on the micro-cap pump and dump schemes. Here is the latest:

Washington, D.C., Sept. 25, 2008 – The Securities and Exchange Commission today charged Rancho Cordova, Calif.-based Telomolecular Corp. and two of its former executives for their roles in a stock scheme based on false claims to investors that the biotechnology start-up company was on the verge of financial and scientific success in developing anti-aging treatments and cancer cures. (FULL STORY)

SMALL-CAP AND MICRO-CAP CEO’S HAVE TO MAKE REALISTIC CLAIMS

The Telomolecular offense isn’t as far off the beaten path as you would think. We still continue to receive calls from companies that make some pretty outrageous claims. Yes, some are complete scams but some are from well-meaning CEO’s that have simply fallen too far in love with their company and waayyyy overestimate their capabilities.

If you fall into the latter, don’t think you’re too far off from getting yourself busted by the SEC. Having evil intentions isn’t a necessary pre-requisite to charges being laid by the SEC.

“Companies raising capital from investors need to provide realistic and
accurate information
about their resources and prospects for future
success,” said Marc Fagel, Director of the SEC’s San Francisco Regional Office.”

CONCLUSION

Keep it real. There is nothing wrong with being super enthusiastic about your product or service – but you have to separate that from your public communications and performance expectations. Google wasn’t built in a day, so neither will your company.

Regards,
George

IR Lesson From Bailout Crisis – Main Street Matters!

Posted by AGORACOM at 3:26 PM on Tuesday, September 30th, 2008

My friend and colleague, Dominic Jones, publishes the best research and information about online investor relations practices through the IR Web Report. He has counseled some of the world’s biggest and best-known corporations across every sector and in more than a dozen different countries. As such, when he writes, I listen.

A couple of days ago he posted a must read article about the the single most important lesson we all can learn from the current crisis: Main Street matters.

Given the fact he wrote the article prior to voting and rejection on the bailout bill thanks to the people’s revolt, it’s safe to assume this important lesson has now graduated to a commandment.

Since I’ve already declared it a must read, I won’t ruin it by re-hashing it here – but I would like to give you a couple of his best quotes”

“Investor relations shouldn’t only be about hobnobbing with analysts
and portfolio managers, it must also support strategically important
retail investor communications.”

“Companies that don’t have dedicated IR website managers in-house can’t take advantage of even a fraction of the opportunities available to them to build and maintain relationships with their investors.”

Regards,
George

AGORACOM Client Intelligence Report – September 2008

Posted by AGORACOM at 12:00 PM on Tuesday, September 30th, 2008

AGORACOM Client Intelligence Report – September 2008

We’re pleased to provide you with the September 2008 edition of the AGORACOM Client Intelligence Report.

WHY AN “INTELLIGENCE REPORT”

For the benefit of our new clients, we call this newsletter an Intelligence Report because it provides you with important information, data and trends that impact your business – information that you normally don’t have time to find.

In addition, this newsletter gives you a chance to look into our crystal ball and know what AGORACOM is working on months before the general public. You can’t find these tidbits on our blog, so we call them “Off The Blog” and ask that you keep them confidential. As you know, we move faster than any IR firm on the planet, so knowing what we are doing in advance helps both of us coordinate our activities. This is especially true for what we expect to be an extremely fast moving and exciting year in 2009.

In short, greater market intelligence that puts you ahead of all of your peers.

I can’t stress enough my recommendation that you review our monthly newsletter carefully for the purposes of incorporating some of our market intelligence into both your IR and business initiatives.  AGORACOM is now the largest small-cap IR firm and site on the continent thanks to our effective use of web technology.  As such, following us will help you achieve your goals.

OFF THE BLOG … Shhhhh

**For confidentiality reasons, the “Off The Blog” items are not mentioned in the blog posts as they are only available to AGORACOM clients**

ON THE BLOG

Bullish Indicator – Small-Cap Gold Company CEO’s

If you’re a fan of “ear to the ground” anecdotal evidence, then you’ll want to know that we’ve received our 3rd call from a small-cap gold company looking to begin an online investor relations program. Read more…

The Ultimate Investor Testimonial – We’re Onto Something

This month, we received an amazing shot of pride and joy thanks to one of our members who sent us the following private message. Read more…

Small-Cap CEO Lesson: 93% Of Americans Want To Interact With You Via Social Media

If you’re a small-cap CEO that continues to doubt the power of online investor relations, then consider this recent study. Read more…

AGORACOM Launches 30-Second TV Spots On CNBC, Bloomberg, BNN

AGORACOM has taken yet another giant leap forward with the launch of 30-second TV spots on the best business television channels in North America. Read more…

We Are Officially Living In The Financial Matrix

You may think the source of our economic problems stem from banks gone wild, or regulators gone missing. Look again. Read more…

SEC Bans Short Selling – NFL Bans Blitzes – MLB Bans Double Plays – NHL Bans Goalie

Barry Ritholtz (The Big Picture), one of the smartest finance guys in the galaxy, sums this issue up nicely. Read more…

Kinross Fails To Acquire 90% Of Aurelian – Extends Offer For A 2nd Time. Community Wins 3rd Battle

Kinross Gold issued a press release in September with the following headline: KINROSS NOW OWNS 90.7% OF AURELIAN SHARES. That may be true – but it is also misleading. Read more…

Small-Cap CEO Lesson (Canada) – Stephen Harper Goes Web 2.0, Why Aren’t You?

If you are a Canadian Small-Cap CEO that still doubts the power of Web 2.0 as your primary IR tool for finding new investors then you need to consider the fact that Canadian Prime Minister, Stephen Harper, has gone Web 2.0. Read more…

We hope you found this edition of the AGORACOM Client Intelligence Report to be helpful. If you have any questions or comments, please do not hesitate to contact us or your AGORACOM representative for further assistance.

Thank-you and have a great day.

Yours truly,
George Tsiolis

Canada Hires High-Profile Litigator To Evaluate Proposed Google-Yahoo Ad Partnership (Monopoly)

Posted by AGORACOM at 9:42 AM on Tuesday, September 30th, 2008

The Canadian Department of Justice has retained David Kent, a litigator and antitrust expert in private practice with Toronto-based McMillan LLP, to review the proposed partnership between Yahoo and Google. You can read the full article here.

Speaking on behalf of AGORACOM, our clients, their shareholders and the entire small-cap industry, we urge Mr. Kent and the CDJ to prevent the advertising partnership between Google and Yahoo, as it would significantly decrease competition within search engine marketing, leading to unnecessary higher prices.

Our position is widely supported including, for example, the World Federation of Advertisers that have expressed concerns that the deal will hand Google too much influence over the search-advertising market, which could result in higher prices and fewer options for advertisers.

In addition, leading tech blog – TechCrunch – recently published “Yahoo, We Can’t Afford A Monopoly Even If It Kills You”, which outlines in detail the significant monopoly creating risks of any such partnership.

We love Google.  We love Yahoo.  We don’t love Goohoo.

Regards,
George

Gold Supply Tightens With Germans And Swiss Halting Reserve Sales

Posted by AGORACOM at 9:20 AM on Tuesday, September 30th, 2008

Good morning to you all.  On September 17th I discussed the increasingly tight supply of gold that led Bloomberg to run a story about prices running to $950/oz. The story cited decreased production, increased demand and falling Central Bank sales in 2008.

With respect to the latter point, we heard from two Central Banks yesterday.Germany’s Bundesbank will hold on to the vast bulk of its gold reserves in the next 12 months, the central bank said on Monday.

First, Germany’s Bundesbank, the second-largest holder of gold behind the U.S. Federal Reserve, said it would not sell any more gold apart from 6.5 tonnes to the German finance ministry that was already agreed upon.

Second, the Swiss National Bank reported it concluded the sale of 250 tonnes of gold, announced in June 2007, and said it had no plans for any further gold sales.

SNB is now holding 1,040 tonnes and stated it planned no further reduction.

Regards,
George

 

AGORACOM Gets CEO’s In Front Of Bay Street’s Top Fund Managers, Analysts and Brokers (An Exclusive Event)

Posted by AGORACOM at 11:09 PM on Monday, September 29th, 2008

TORONTO, September 29, 2008 – AGORACOM, North America’s largest Investor Relations Firm is proud to announce a series of upcoming poker networking events giving public companies the rare opportunity to present their company’s message to Bay Street’s top brokers, fund managers, analysts and institutions.

“Every other month AGORACOM hosts an all expenses paid “Bay Street Hold’em” Poker Tournament,” says George Tsiolis, President & Founder of AGORACOM,  “These events are one of the most sought after networking events on Bay Street and typically ‘sells out’ within two hours of announcing them!   All attendees are top brokers, analysts, and decision-makers on Bay Street, representing over 40 different institutions, who collectively control between $5 – $7 billion worth of assets.”

The Opportunity

At every poker event, AGORACOM gives one company the opportunity to be its Exclusive Sponsor.  The sponsor’s message is delivered directly to this captive audience of brokers throughout the entire evening.  As well, sponsors are given the opportunity to network with this influential Bay Street group.

View the video of one of our latest poker events on YouTube here:

The AGORACOM “Bay Street Hold’em” Poker Sponsorship Package

“I highly recommend AGORACOM’s ‘Bay Street Hold’em’ Poker tournament to any junior company looking for Bay Street branding. It is an incredible opportunity to present your company’s message to a captive audience and network with Bay Street’s top money managers on a personal level. Rarely can a junior company position themselves in such an atmosphere.  My company has sponsored this event twice and has plans to sponsor it again in the near future.” Mike Belantis, Timmins Gold

Participating as a sponsor is an opportunity for public companies to receive great marketing exposure in addition to gathering knowledge, and networking with key industry players.

AGORACOM BSH Sponsorship offers the following benefits:

  • Your name added to the event title as the official event sponsor
  • Acknowledgement of sponsorship during opening remarks
  • Press release announcing and promoting sponsorship.
  • Slide show with logo placement running during poker event.
  • Table/booth for displaying marketing materials.
  • Logo placement on customized poker felts.
  • Logo placement and mention in 3 pre-promotional email invitations to over 200 top brokers and analysts.
  • Logo placement and mention in post-event email blast thanking players for attending event.
  • Logo placement and mention in post-event video, which will be posted on YouTube.

SPONSORSHIP OPPORTUNITIES

$20,000 (Non-AGORACOM client price)

$13,500 (Special AGORACOM client price)

Currently AGORACOM is taking sponsorship applications for the following dates:

September 18th                RESERVED

Nov 2008                          Available for sponsorship

Jan 2009                           Available for sponsorship

March 2009                       RESERVED

May 2009                          Available for sponsorship

July 2009                           RESERVED

*Spaces are limited so we will be working on a “first come first serve” basis.

If any of these sponsorship opportunities interest you please contact [email protected].

About AGORACOM – Investor Relations Firm For Small-Cap Companies: AGORACOM Investor Relations is North America’s largest 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 200 companies since 1997.

AGORACOM Investor Relations has displaced the telephone and e-mail as primary IR communications devices. Our IR HUB delivers two-way investor relations in near real-time that is 24/7/365 accessible to shareholders around the world and goes far beyond text by offering both audio and video communications.

AGORACOM 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. Our traffic ranking is above the top 1% of all websites around the world.

CONTACT INFORMATION

MEDIA INQUIRIES

Mitch Fanning

Director of Marketing / Communications

[email protected]

CORPORATE INQUIRIES

George Tsiolis, LL.B

President

AGORACOM

[email protected]