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Message: AGORACOM Small Cap TV - April 1st - Highlights

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 April 1, 2011, and we’ve found 6 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.

NGEx Drills 701 Metres of 0.67% Copper and 0.30 g/t Gold in Hole LH-16 at Los Helados, Chile

NGEx Resources Inc. (TSX:NGQ)

is pleased to announce results from a further four diamond drill holes completed this season at the Los Helados project located in Chile's Region 3.

These results from holes LH-15 to LH-18 follow results from LH-12 to LH-14 released on February 22, 2011. LH-16 is the best hole drilled to date at Los Helados in terms of thickness and grade of copper-gold mineralization. Of particular interest is the fact that there are significant intervals of greater than 0.8% copper in LH-16, LH-17, and LH-18 including 32 metres of 1.1% copper and 0.56 grams/tonne gold in LH-16. Gold is present from top to bottom in all four holes.

The four holes reported today are part of an on-going drill program that will total at least 10 to 12 holes and is expected to continue until the end of the summer exploration season in late-April.

The objective of the current drill program is to better define a zone of higher grade mineralization that was also intercepted in previously reported holes LH-12 with 711 metres of 0.54% copper and 0.26 grams/tonne gold, including 114 metres of 0.67% copper and 0.19 grams/tonne gold; and LH-13 with 724 metres of 0.47% copper including 562 metres of 0.54% copper and 0.25 grams/tonne gold and including, 212 metres of 0.68% copper and 0.30 grams/tonne gold. Weather and time permitting, the Company hopes to complete sufficient drilling in this zone to permit calculation of an initial resource estimate by the end of 2011.

Last: 1.94Range: 1.95-0.50Market Cap: 286 million

Link to website

VMS Announces NI 43-101 Mineral Resource for the Reed Lake Deposit at 2.55 Million Tonnes @ 4.52% Copper in the Indicated Category/HudBay and VMS Drilling Continues

VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS") and Joint Venture partner HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM) ("HudBay")

are pleased to announce a National Instrument 43-101 compliant resource estimate at the Reed Lake polymetallic deposit, near Snow Lake, Manitoba.

Reed Lake Copper Project (1-5)

Notes:

1. CIM definitions were followed for the estimation of mineral resources. Drilling was included up to February 2011.

2. Mineral resources are estimated at a CUEQ cut-off of 1.5% (CUEQ% equals Cu% + Zn% x 0.211 + Au g/t x 0.359 + Ag g/t x 0.006) and a minimum two metre core length.

3. Long term $US metal prices of $900/oz gold, $15.00/oz silver, $2.50/lb copper and $1.00/lb zinc were used for the estimation of CUEQ. These prices may be conservative, considering the near-term commencement of operations.

4. Metal recovery assumptions of 65% gold, 60% silver, 95% copper and 50% zinc were used for the estimation of CUEQ

5. Specific gravity measurements were taken on a portion of the samples, where actual measurements were not available either stoichiometric values were calculated or average SG values were used.

Neil Richardson, COO states, "We are very pleased that this initial resource contains such remarkably high copper values. With today's copper prices, and when we combine the favourable characteristics of the Reed Lake deposit, in particular the very high grade copper component being near vertical, and near surface, with the likelihood this will be in production next year, benefits should flow to our shareholders much more quickly than would be the case if we had grades more typical of this belt. We look forward to HudBay developing the project quickly."

Last: 0.71Range: 0.85-0.195Market Cap: 87.2 Million

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Greystar Intercepts 20.21 g/t Gold, 124.86 g/t Silver and 1% Copper Over 5 Metres

Greystar Resources Ltd. (TSX:GSL)(AIM:GSL) ("the Company") reports that diamond drilling continues to encounter significant gold-silver-copper mineralization below and to the south of the oxide/transitional mineral resource on the multi-million ounce Angostura deposit in northeastern Colombia. Highlights include:

* Hole SI10-03, which intercepted 14.5 metres (85.3-99.8m) grading 9.7 grams gold, 62.39 grams silver and 0.33 per cent copper, establishes continuity of the higher-grade sulphide mineralization south of the oxide/transitional mineral resource in the Silencio Area.

* Hole SI10-02, which intercepted 5.0 metres (488.0-493m) grading 20.21 grams gold, 124.86 grams silver and 1 per cent copper, establishes the higher grade zone at depth in the Silencio Area.

* Hole QP010-07, which intercepted 1.65 metres (465.0-466.65m) grading 22.3 grams gold, 1,130 grams silver and 0.19 per cent copper, establishes continuity of the higher grade mineralization at depth in the Los Laches area.

* Hole QP010-05, which intercepted 8.55 metres (601.00-609.55m) grading 13.74 grams gold, 107.28 grams silver and 0.12 per cent copper, establishes that the higher grade zone is open at depth in the Los Laches area.

About Greystar Resources Ltd.

Greystar Resources Ltd. is a precious metals exploration and development company currently working on an alternative way to develop its wholly owned, multi-million ounce Angostura gold-silver deposit in northeastern Colombia. Greystar is committed to developing the project but recognizes that there is a need to reconfigure it. Consequently, we intend to continue with studies into the feasibility of an alternative project, which includes underground, at Angostura whilst the uncertainty surrounding the definition of Paramo and the exclusion of mining from Paramo affects the permitting of our open pit/heap leach project.

Last Sale: 2.74 52 Week Range: 2.26 - 6.75 Market Cap: 230.77M

Link to website

VLOV Inc.

VLOV, Inc. Reports Record Annual Financial Results of $73.8 Million in Revenue and Adjusted Fully Diluted EPS of $0.65

VLOV, Inc. (OTCBulletinBoard : VLOV) ("VLOV" or the "Company"), which designs, sources and markets VLOV-brand fashion-forward apparel for men aged 18-45 in the People's Republic of China, today announced its financial results for the fourth quarter and full year ended December 31, 2010.

Fourth quarter ended December 31, 2010 vs. fourth quarter ended December 31, 2009:


20102009Change

Net Sales$ 24.7 million$ 18.5 million+33.5%
Gross Profit $ 10.8 million$ 6.8 million+58.8%
Adjusted Net Income*$ 4.5 million$ 0.6 million+650.0 %
 
 
GAAP Net income (Loss) attributable to common shareholders Q42010 $ 6.0 millioncompared to a loss in Q42009 $ (2.4 million)

Full year ended December 31, 2010 vs. full year ended December 31, 2009:



20102009Change 

Net Sales$ 73.8 million$ 64.3 million+14.8%
Gross Profit$ 30.0 million$ 23.3 million+28.8%
Adjusted Net Income**$ 12.6 million$ 9.4 million+34.0%
 
 
GAAP Net income attributable to common shareholdersin 2010 was$ 15.0 millioncompared to $ 6.4 million in 2009

About VLOV, Inc.

VLOV, Inc., a leading lifestyle apparel designer based in China, designs, sources and markets VLOV brand fashion-forward apparel for men ages 18 to 45. As of December 31, 2010, VLOV products were sold through 526 points of sale operated by independent distributors across northern, central and southern China.

Last Trade: 1.8052 Week: 6.00 – 1.40Market Cap: 32.41 Million

  • Sales increased $20.7 million or 17.4% to $139.7 million for the year ended December 31, 2010 from $119.0 million in 2009.
  • Gross profit increased $16.4 million or 18.9% to $102.7 million in 2010 from $86.4 million in 2009. Gross profit as a percent of sales increased to 73.5% in 2010 from 72.6% in 2009.
  • Income from operations increased $8.1 million or 13.3% to $69.5 million in 2010 from $61.4 million in 2009.
  • GAAP Net income attributable to China Biologic in 2010 was $31.5 million or $1.30 per diluted share, including a $3.2 million non-cash charge related to change in the fair value of derivative liabilities, compared with $2.2 million or $0.10 per diluted share in 2009, which includes a $28.9 million non-cash charge related to change in the fair value of derivative liabilities.
  • Non-GAAP adjusted net income was $39.0 million or $1.61 per diluted share in 2010 compared with $31.5 million or $1.43 per diluted share in 2009.

About China Biologic Products, Inc.

China Biologic Products, Inc., through its indirect majority-owned subsidiaries, Shandong Taibang Biological Products Co. Ltd. and Guiyang Dalin Biologic Technologies Co., Ltd, and its equity investment in Xi'an Huitian Blood Products Co., Ltd., is currently the largest non-state-owned plasma-based biopharmaceutical company in China. The Company is a fully integrated biologic products company with plasma collection, production and manufacturing, research and development, and commercial operations.

Last Trade: 15.9652 Week:18.73 – 9.31Market Cap: 386.45 Million

Link to HUB

China TMK Battery Systems Inc. Reports Record 2010 Financial Results

China TMK Battery Systems Inc. (OTC Bulletin Board: DFEL) ("TMK" or the "Company") (formerly, Deerfield Resources, Ltd.), a Chinese manufacturer and distributor of customized rechargeable battery solutions to global consumer product companies, today announced the Company's financial results for the fourth quarter and full year ended December 31, 2010.

Fourth Quarter 2010 Results (USD) (unaudited)
---------------------------------------------------------------------
Three months ended December 31 20102009CHANGE
------------------------------ ------------- ------------ -----------
Sales$19.9 million $14.3million +38.8%
------------------------------ ------------- ------------ -----------
Gross Profit$4.7million$3.8million+24.7%
------------------------------ ------------- ------------ -----------
Net Income$2.4million$2.4 million +1.6%
------------------------------ ------------- ------------ -----------
Net Income Per Share$0.07$0.09(28.5%)
------------------------------ ------------- ------------ -----------

Sales for the 12 months ended December 31, 2010 were a record $66.4 million, compared to $48.6 million in the same period in 2009, representing a 36.6% year-over-year increase.

Income from operations increased slightly to $9.2 million and operating margins were 13.9%, compared to 19.0% in 2009.

GAAP net income for 2010 was approximately $6.3 million, a decrease of 15.6% from $7.5 million in 2009. Diluted net income per share for full year 2010 was $0.18, based on 35.1 million weighted average shares outstanding, as compared to diluted net income per share of $0.30 for 2009, based on 25.3 million weighted average shares outstanding. Adjusted net income, after deducting non-cash and one-time charges for 2010, was $9.9 million, or $0.28 per diluted share

About China TMK Battery Systems Inc.

Based in Shenzhen, PRC and founded in 1999, TMK manufactures and distributes high rate discharge Nickel Metal Hydride ("Ni-MH") multi-cell batteries in its manufacturing facility located in Shenzhen, China. TMK maintains a diverse roster of large, consumer-focused clients with major production facilities in China.

Last Trade: 0. 6252 Week: 2.30- 0.48Market Cap: 22.87 Million

Link to HUB


 


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