AGORACOM Small Cap TV - July 14th - Highlights
posted on
Jul 14, 2011 10:09AM
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 July 14th, 2011, and we’ve found 4 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.
Galway Intersects 97.0 M Of 3.0 G/T Gold, 86.0 M Of 2.7 G/T Gold And 13.0 M Of 9.0 G/T Gold
Galway Resources Ltd. (GWY: TSX-V) is pleased to announce assay results from seven additional drill holes from its diamond drill exploration program on the Company's California property in Colombia.
GWY-112
--97.0 meters grading 3.0 g/t Au, including 13.5 meters of 9.9
g/t Au (that includes 3.0 meters of 25.5 g/t Au and 1.0 meter
of 38.9 g/t Au), 1.0 meter of 20.0 g/t Au, 1.0 meter of 9.9 g/t
Au, 1.0 meter of 7.0 g/t Au, 1.0 meter of 6.9 g/t Au and 2.5
meters of 5.9 g/t Au
--51.0 meters grading 1.7 g/t Au, including 1.0 meter of 21.8 g/t
Au and 11.8 g/t Ag
--14.0 meters of 1.4 g/t Au
About The Company
Galway Resources is a well-capitalized company, primarily focused on the exploration of gold and coal Colombia. The core focus of the Company is gold exploration in northeast Colombia, with drill programs occurring at the California and Vetas gold projects. The Company also has the Victorio molybdenum-tungsten project, with excellent infrastructure, in southwestern New Mexico. A positive scoping study was completed by SRK in 2008. The recent surge in tungsten pricing, coupled with a steady molybdenum price, has prompted management to reassess strategic alternatives to advance the Victorio project.
Last: 0.90Range: 1.52-0.63Market Cap: 100 Million
Prophecy Platinum Reports 1.04 Million oz PGM+Gold Indicated and 10.97 Million oz PGM+Gold Inferred for the Wellgreen Project, Yukon Territory, Canada
Prophecy Platinum Corp. (TSX VENTURE:NKL)(PINK SHEETS:PNIKD)(FRANKFURT:P94P)
is pleased to announce the receipt of an independent National Instrument (NI) 43-101 compliant report and mineral resource estimate for its Wellgreen PGE-Ni-Cu property located in the Yukon Territory, Canada. The report is authored by Todd McCracken, P.Geo., of Wardrop Engineering Inc., a Tetra Tech Company, who is an independent Qualified Person under NI 43-101.
The independent study incorporated drill data from 701 diamond drill holes (182 surface and 519 underground) totalling over 53,222 metres. Using a 0.4% NiEq (nickel equivalent) cut-off grade, the Wellgreen deposit now contains a total inferred resource of 289.2 million tonnes at an average grade of 0.53 g/t platinum, 0.42 g/t palladium, 0.23 g/t gold (1.18 g/t PGM+Gold), 0.38% nickel, and 0.35% copper. Separately, the deposit also contains an indicated resource of 14.3 million tonnes at an average grade of 0.99 g/t platinum, 0.74 g/t palladium, 0.52 g/t gold (2.25 g/t PGM+Gold), 0.69% nickel, and 0.69% copper. The resource includes both the East Zone and the West Zone of the Wellgreen project, which are tabulated in Table 1 showing respective metal grades which are also expressed as nickel equivalent (NiEq) values:
About Prophecy Platinum
Prophecy Platinum Corp. is a Canadian based Nickel PGM exploration company with projects in Canada, Argentina and Uruguay. Prophecy Platinum's flagship Wellgreen PGM-Cu-Ni project is in Yukon Territory, Canada and the Lynn Lake project is located in Manitoba, Canada. Further information can be found at www.prophecyplat.com.
Last: 0.74Range: 2.40-0.30Market Cap: 37 million
Destiny Announce Record Q3 Revenues Up 40% from Q2
Destiny Media Technologies (TSXV: DSY) (OTCBB: DSNY) is pleased to announce results for the quarter and period ending May 31, 2011. Revenues of $1,176,473 are the highest in the company's history and reflect an increase of 40% over the previous quarter and 24% over the same quarter in the prior year. Income before income taxes of $324,720 is 33% higher than Q3 2010.
Three MonthsThree MonthsNine MonthsNine Months
EndedEndedEndedEnded
May 31,May 31,May 31,May 31,
2011201020112010
$$$$
Revenue1,176,473952,3833,074,1832,869,775
Net Income230,720243,929260,556693,778
Net income per
common share,0.010.000.010.01
basic and diluted
About Destiny Media Technologies
Destiny Media (http://www.dsny.com) is the developer of the Play MPE® system (http://www.plaympe.com) which the recording industry uses to securely distribute new pre-release music through the internet to trusted recipients such as radio, media and VIP's. Real time usage statistics are available at http://www.plaympe.com/v4/company/plaympestats.php and a product overview is available at http://www.dsny.com/pres/index.htm
Last Trade: 0.389952 Week: 0.48 – 0.296Market Cap: 19.66 Million
5BARz International Inc. Receives Purchase Order for $3.2 Million
5BARz International Inc. (OTCBB: BARZ) (hereafter "5BARz" or the "Company") is pleased to announce that the Company has received a purchase order for delivery of 16,000 units of the 5BARz(TM) Road Warrior, which represents the entire production for 2011. The revenue generated from this sale will be US$3.2 million.
A winner of the International CES Innovations 2010 Design and Engineering Awards, 5BARz Road Warrior delivers full cell phone signal strength and up to 20x faster Internet in "dread" zones with the weakest network carrier coverage. The device can be used from any location where power is available, including vehicles, homes, offices or hotel rooms.
About 5BARz International Inc.
5BARz International Inc. holds the exclusive global marketing and distribution rights and holds a 50% ownership interest in the technology underlying the 5BARz(TM) products. 5BARz(TM) is a cellular network extender for use in the small office, home and mobile market places. 5BARz(TM) incorporates a patent-pending technology to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5
Last Trade: 0.45152 Week: 1.58 – 0.006677Market Cap: 40.4 Million