Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s December 3rd 2010, and we’ve found 2 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.

LJ International Reaffirms Q4 Guidance and FY2010 Guidance

LJ International Inc. (LJI) (NASDAQ:JADE) today announced the Company's reiteration of fourth quarter guidance for the fiscal year ending December 31, 2010. As announced on November 9, 2010 at the release of LJI's third quarter 2010 financial results, the Company expects revenues to total approximately $42.5 million in the fourth quarter, up 8% from a year earlier, and just under $138 million for fiscal 2010. LJI expects net income in the fourth quarter of 2010 to total approximately $3.8 million, or $0.13 per fully diluted share, up 44% on a per-share basis from a year earlier.

For the year 2010, projected fourth quarter results would bring total revenues to just under $138 million, with net income from operations (excluding the gain from the sale of investment property in the third quarter of 2010) totaling approximately $11 million, or $0.41 per fully diluted share. This figure is an increase from the net income of $3.7 million, or $0.15 per fully diluted share, in 2009.

About LJ International
LJ International Inc. (LJI) (NASDAQ:JADE - News) is engaged in the designing, branding, marketing and distribution of a full range of jewelry. It has built its global business on a vertical integration strategy and an unwavering commitment to quality and service. Through its ENZO stores, LJI is now a major presence in China's fast-growing retail jewelry market. As a wholesaler, it distributes to fine jewelers, department stores, national jewelry chains and electronic and specialty retailers throughout North America and Western Europe. Its product lines incorporate all major categories, including earrings, necklaces, pendants, rings and bracelets.

Last Trarde: 3.8652 Week: 5.676 – 2.15Market Cap: 95.86 Million

Columbus Gold to Acquire 2 Million Oz. Gold Deposit

Columbus Gold Corporation (TSX VENTURE:CGT)

to announce that it has entered into a definitive option agreement to acquire the Paul Isnard gold project in French Guiana which includes the 2 million ounce Montagne D'Or gold deposit. French Guiana is a department of France bordering Brazil and Suriname in South America.

In 2008, SRK completed a Preliminary Assessment at Montagne D'Or and estimated a 43-101 compliant inferred resource of 2 million ounces gold from 33.2 mt grading 1.69 gpt. The Montagne D'Or gold deposit is open in every direction laterally and at depth.

About the company

Columbus Gold Corporation is a gold exploration and development Company operating principally in Nevada. The Company has an experienced management group with a strong background in all aspects of the acquisition, exploration, development and financing of precious metal mining projects. Columbus Gold controls a 100% interest, subject to underlying royalties, in 22 gold projects strategically located along or near Nevada's most productive gold trends, and one project in Arizona. The Company also owns a major equity interest in Columbus Silver Corporation which controls a highly prospective silver exploration portfolio.

Last: 0.28Range: 0.14-0.30Market Cap: 8.85 million

(More info)