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Message: AGORACOM Small Cap TV - November 21st - 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 November 21st, 2011, and we’ve found 5 great press release 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.

Champion Minerals Releases Updated Preliminary Economic Assessment Study for Fire Lake North Project and Initiates Feasibility Study

Champion Minerals Inc (TSX:CHM)(FRANKFURT:P02)

is pleased to announce the results of its updated Preliminary Economic Assessment ("PEA") study on the Fire Lake North Project that was performed by BBA Inc. ("BBA"). Concentrator production would average 8.7 million tonnes of concentrate per year ("Mtpa") grading 65% iron for the first 25 of the 40 year mine life; however, the first five years of the financial model will average nearly 10 Mtpa of concentrate production.

The 2011 PEA study produced a Net Present Value of $4 billion at a discounted cash flow rate of 8% with an Internal Rate of Return ("IRR") of 41.5% and a capital payback period of 2.3 years. The US$ exchange rate is assumed to be at par value with the Canadian dollar. Table 1 provides the Net Present Values calculated at various discounted cash flow rates for the Base Case production scenario.

The financial analysis in the PEA study used a price of $115 per tonne of iron concentrate ($/tonne is FOB Sept-Iles), the mine life in the study is 40 years and the capital payback period is 2.3 years.

About Champion Minerals Inc.

Champion Minerals Inc. is an Iron ore exploration and development company with offices in Montreal and Toronto, focused on developing its significant Iron ore resources in the provinces of Quebec and Newfoundland & Labrador. The Company's Iron projects include: the Fermont Holdings (714 km2) in Quebec, jointly held by Champion (82.5% interest) and Fancamp Exploration Ltd. (TSX VENTURE:FNC), (17.5% interest); and the Attikamagen Iron Property (310 km2) in Quebec and Labrador.

Last: 1.38Range: 3.30-0.72Market Cap: 121 million

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Galway intersects 20.3 meters of 10.2 g/t gold; extends San Celestino Zone

Galway Resources Ltd. (TSXV: GWY)

is pleased to announce assay results from 18 drill holes from the Company's ongoing diamond drill exploration program at its California gold-silver property in Colombia. This property is located adjacent to, and on strike with the La Bodega/La Mascota deposit (acquired for $1.5 billion in cash by AUX Canada). Galway's property is also at the lowest elevation among the major deposits identified along the California gold trend. Galway also owns a 360 meter-long fractional land position that appears to be directly within AUX's La Mascota mineralized structure. Galway has three diamond drill rigs operating in California, and a fourth is expected on site early in the new year. Galway also has an additional two underground diamond drill rigs operating in Vetas at the high-grade El Volcan gold-silver mine, with a third (surface) drill expected to arrive this week. El Volcan is located 8 km southeast of California and is the largest gold producer in the region.

GWY-147

·20.3 m grading 10.2 g/t Au and 160.5 g/t Ag plus 1.5% Zn, including 1.0 m of 31.6 g/t Au and 559.0 g/t Ag plus 2.0% Zn and 1.0 m of 134.5 g/t Au and 740.0 g/t Ag plus 16.1% Zn

·25.0 m grading 1.7 g/t Au and 37.6 g/t Ag, including 1.0 m of 8.4 g/t Au and 104.0 g/t Ag

About The Company
Galway Resources is a well-capitalized company, primarily focused on the exploration of gold and coal in 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: 1.62Range: 1.87-0.83Market Cap: 202 million

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Merc Step-Out Drilling Extends Mineralization at Indin Lake NWT Including Intercept of 65.35 g/t Au over 3.0 metres and 1.14 g/t Au over 33.77 metres

Merc International Minerals Inc. MRK:TSXV

is pleased to announce that step-out drilling at its Indin Lake Gold Project in the Northwest Territories ("NWT") intersected two near surface high-grade gold zones at the # 3 deposit 400 metres south of the Diversified Mine, and extended gold mineralization 250 metres north of the North Inca deposit. Drill results reported today from the final sixteen holes from Merc's 2011 Phase II drill program include 65.35 grams per tonne gold ("g/t Au") over 3.0 metres and 1.14 g/t over 33.77 metres.

About the company

Merc is a Canadian-based exploration company focused on acquiring and developing gold mineral properties in the Northwest Territories. Its primary land position covers approximately 61,000 acres or 25,000 hectares in the Indin Lake Gold Camp, located approximately 200 kilometres north of Yellowknife, Northwest Territories.

Merc’s goal is to grow its regional presence in the Northwest Territories through staking and acquisitions, while actively exploring its various gold targets through drilling.

Last: 0.25Range: 0.39-0.14Market Cap: 21.8 million

Balmoral Intersects 44.97 g/t Gold Over 2.33 Metres; Extends High-Grade Martiniere West Gold Zone, Detour Gold Trend, Quebec

Balmoral Resources Ltd. (TSX VENTURE:BAR)

today reported additional results from the Company's Martiniere West Gold Zone expansion drilling program. Results were highlighted by hole MDW-11-30 which returned a high-grade core intercept of 44.97 g/t gold over 2.33 metres and hole MDW-11-34 which returned one of the broadest gold mineralized intercepts to date from the Martiniere West Gold Zone, 108.50 metres grading 0.73 g/t gold, including a high-grade core of 9.30 g/t gold over 2.99 metres (see table below for additional details). The drill results released today represent expansion drilling conducted along the western extension of the high-grade Martiniere West Gold Zone.

About Balmoral Resources Ltd. – www.balmoralresources.com

Balmoral is a Vancouver-based precious metal exploration and development company focused on district scale gold opportunities in North America. With a philosophy of creating value through the drill bit and with a focus on proven productive precious metal belts, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery.

Last: 0.85Range: 1.88-0.76Market Cap: 55.9 million


China Mass Media Reports Third Quarter 2011 Unaudited Financial Results

China Mass Media Corp. ("China Mass Media" or the "Company") (NYSE: CMM - News), a leading television advertising company in China , today announced its unaudited financial results for the third quarter ended September 30, 2011 .

Third Quarter 2011 Highlights:

  • Total net revenues were US$9.0 million , an increase of 5.1% from the third quarter of 2010 and an increase of 11.3% from the second quarter of 2011.
  • Operating income was US$2.6 million , an increase of 35.1% from the third quarter of 2010 and an increase of 17.7% from the second quarter of 2011.
  • Net income was US$2.2 million , an increase of 117.8% from the third quarter of 2010 and an increase of 24.8% from the second quarter of 2011.
  • Net cash outflows from operating activities were US$24.8 million

About China Mass Media Corp.

As a leading television advertising company in China , the Company provides a full range of advertising services, including advertising agency services, creative production services, public service announcement sponsorship services, and other value added services. The Company currently offers approximately 41 minutes of advertising time slots per day on CCTV Channels 1, 2, and 4. CCTV is the largest television network in China . The Company has produced over 400 advertisements and has won a number of prestigious awards in China and across the world, including the "Gold World Medal" at The New York Festivals® International Television & Film Awards.

Last Trade: 2.4152 Week: 3.62 – 0.76 Market Cap: 60.97 Million

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ERF Wireless Reports 51% Increase in Quarterly Revenues and 129% Increase in Quarterly Gross Profit as Compared to the Same 2010 Period

ERF Wireless (OTCBB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced today that the company has filed its Form 10-Q with the Securities and Exchange Commission reporting results for the third quarter ended September 30, 2011. The company reported quarterly revenues of $1,331,000 for the three-month period ended September 30, 2011, as compared to $882,000 in revenues for the three-month period ended September 30, 2010; an increase of $449,000 or 51%.

The quarterly results also included a Gross Profit improvement of 129% for the current quarter result as compared to the prior year quarter, with Gross Profit Margins increasing to 33% for the current quarter from 21% for the prior year quarter. Net losses were $1,339,000 and $2,329,000, respectively for the three- and nine-month periods ended September 30, 2011, as compared to net losses of $2,296,000 and $6,230,000 for the prior year three- and nine-month periods ended September 30, 2010.

About ERF Wireless

ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years

Last Trade: 3.0052 Week: 25.00 – 0.25Market Cap: 4.4 Million

Comprehensive Care Corporation Announces Nine Month Revenues Top $54 Million, up 212 Percent

Comprehensive Care Corporation ("CompCare") (OTC BB: CHCR), a leading behavioral health, substance abuse and psychotropic pharmacy management services provider for managed care companies throughout the U.S., is pleased to announce that its revenues for the nine months ended September 30, 2011 increased 212 percent to $54,039,000 compared to $17,344,000 for the same period in 2010.

Revenues for the three months ended September 30, 2011 totaled $17,200,000, up 118 percent compared to revenues of $7,901,000 in the same period in 2010.

CompCare's revenues are obtained through managed care activities, the majority of which are performed under the terms of at-risk agreements with health maintenance organizations and other health plans or payers to provide contracted behavioral healthcare services to subscribing participants

About CompCare:

Established in 1969, CompCare provides behavioral health, substance abuse and psychotropic pharmacy management services for managed care companies throughout the United States. Headquartered in Tampa, Florida, CompCare focuses on personalized attention, flexibility, a commitment to high-quality services and innovative approaches to behavioral health that address both the specific needs of clients and changing healthcare industry demands.

Last Trade: 0.2352 Week: 0.65 – 0.16Market Cap: 13.46 Million

VLOV, Inc. Reports Third Quarter 2011 Financial Results

VLOV, Inc. (OTC Bulletin Board: VLOV.OB) ("VLOV" or the "Company"), which designs, sources and markets VLOV-brand fashion forward apparel for men in the People's Republic of China, today announced financial results for the three and nine months ended September 30, 2011.

Three months ended September 30, 2011 vs. three months ended September 30, 2010 (unaudited):

Q3 2011

Q3 2010

Change

Net Sales

$16.0 million

$13.1 million

+22.1%

Gross Profit

$6.5 million

$5.4 million

+20.1%

Income from Operations

$1.7 million

$3.3 million

-47.7%

GAAP Net Income

$1.6 million

$3.4 million

-53.1%

Adjusted Net Income *

$1.3 million

$2.4 million

-44.6%

GAAP EPS (Diluted)

$0.08

$0.18

-53.2%

Adjusted EPS (Diluted) *

$0.07

$0.13

-44.8%

Nine months ended September 30, 2011 vs. nine months ended September 30, 2010 (unaudited):

2011

2010

Change

Net Sales

$57.8 million

$49.1 million

+17.7%

Gross Profit

$25.1 million

$19.2 million

+31.0%

Income from Operations

$11.9 million

$11.1 million

+6.4%

GAAP Net Income

$9.8 million

$9.0 million

+9.3%

Adjusted Net Income **

$9.0 million

$8.2 million

+10.2%

GAAP EPS (Diluted)

$0.50

$0.47

+7.0%

Adjusted EPS (Diluted) **

$0.46

$0.43

+7.4%

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 20 to 45 throughout China. As of September 30, 2011, VLOV products were sold by its distributors at 540 points of sale across northern, central and southern China, as well as at 20 stores in Fujian Province owned and operated by VLOV.

Last Trade: 1.7652 WeeK: 2.70 – 0.85Market Cap:

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