AGORACOM Small Cap TV - April 10th - Highlights
posted on
Apr 10, 2012 10:01AM
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 10th, 2012, and we’ve found 8 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 ... or click on the image below.
Silver Dragon Reports on 2011 Exploration Results and Discloses 2012 Exploration and Development Plans for Its Laopandao Silver-Polymetallic Project
Silver Dragon Resources Inc. (OTCBB:SDRG) ("the Company") is pleased to announce that it has completed a geological report on the results from the 2011 exploration program at its Laopandao silver-copper-tin polymetallic project in Inner Mongolia, Northern China.
After five years of exploration, Laopandao has evolved into an advanced exploration project with a completed initial NI 43-101 compliant resource estimate, and a metallurgical analysis in progress. Some of the highlights from the report are as follows:
In 2011, the exploration work focused on mineralization zone III and included 308 meters tunneling, 192 pieces of sampling and assaying, as well as hydrogeological, engineering, geological, and environmental surveys within the property demonstrating a potential viable operation.
21 mineralized bodies have been defined in mineralization zone III with several mineralized bodies of tin defined by tunneling
Two groups of samples have been collected for metallurgic testing. The test results are expected during the second quarter of 2012, which will provide basic economic parameters for a pre-feasibility study.
According to new data obtained in 2011, new exploration achievements in mineralization zone III are as follows:
Through tunneling at adit PD3 (located at 1,620 meters elevation), tin mineralized bodies no. 10, 12, 14, 15, 16, 17, and 18 became better defined. At the same time, several new mineralized bodies have been identified (Fig. 3). Transverse drift no. 304 (CM304) reveals a 68 meter wide alteration zone and 11 mineralized bodies with a total true thickness of 19 meters. Within those mineralized bodies, the grades of tin range from 0.1% to 1.0% and the highest grade is 1.31%.
At transverse drift no. 300, a 0.9 meter thick silver-copper mineralized body, assaying Ag 59.8 g/t and Cu 1.9%, was discovered. Mineralized body no. III-19 occurs at 400 meters below the surface (Fig. 4), showing significant potential.
About Silver Dragon Resources Inc.
Silver Dragon Resources Inc. is a mining and metals company focused on the exploration, acquisition, development and operation of silver mines in proven silver districts globally. Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, have highly leveraged, out-of-the-money silver deposits, and/or are producing properties with significant untapped exploration potential.
Last Trade; 0.038 52 Week: 0.19 – 0.03 Market Cap: 6.34 Million
UNR Holdings, Inc. Announces Year End Financial Results for 2011
NR Holdings, Inc. (OTCBB: UNRH) ("UNR" or the "Company"), a diverse construction company specializing in multi-functional residential and commercial development projects, and also a provider of infrastructure construction services for government oil and gas projects in the Russian Federation, today announced its financial results for the year ended December 31, 2011.
December 31, 2011 Financial Highlights
-- Revenues for the year ended December 31, 2011 totaled $230,978,646, an increase of 115.2% from $61,616,324 compared with the year ended December 31 2009.
-- Net income attributable to UNR for the fiscal year end 2010 totaled $26,496,966, an increase of 64.6% from $16,107,720 for the year ended December 31, 2009.
-- Basic and diluted earnings per share for the year ended December 31, 2010 was $1.08 per share, an increase of 63.5% from $0.66 per share for the same period a year ago.
-- Gross profit (sales minus cost of sales) for the year ended December 31, 2010 increased to $447.6 million from $27.7 million in the prior year's period, representing an increase of 71.8%.
-- Cash and cash equivalents and marketable securities totaled $71.9 million as of December 31, 2011, up 32.9% from $54 million as of December 31, 2010
Consolidated Results of Operations for the Year Ended December 31, 2010 Compared to the Year Ended December 31, 2011
Revenues. Total revenues for the year ended December 31, 2011 increased to approximately $230.9 million, or 115.2%, as compared to approximately $107.3 million for the year ended December 31, 2010.
Income from operations increased by approximately $19.8 million, from approximately $27.8 million for the year ended December 31, 2010 compared to approximately $47.7 million for the year ended December 31, 2011.
Net Earnings. Net earnings increased by approximately $15.1 million, to approximately $39.5 million for the year ended December 31, 2011, from approximately $24.3 million for the comparable period in 2010.
About:
UNR Holdings, Inc. (OTCBB: UNRH) ("UNR" or the "Company") is a diverse construction company specializing in multi-functional residential and commercial development projects, and also a provider of infrastructure construction services for government oil and gas projects in the Russian Federation
Last Trade: 1.26 52 WEEK: 2.39 – 0.21 Market Cap: 30.83 Million
Webxu Reports 2011 Financial Results Showing Fast-Paced Exponential Revenue Growth
Webxu, Inc. (OTCBB: WBXU), a media company that owns and operates a network of consumer branded websites and businesses focused on Customer Acquisition, E-Commerce and Social Media, today reported financial results for its fourth quarter and year ended December 31, 2011.
In its first full year of operations, Webxu has progressed from a preliminary concept stage to a fully operating company with revenues of over $26 million and approximately $2.1 million in EBITDA, both measured on a pro forma basis for 2011.
Net revenue on a GAAP basis in the fourth quarter of 2011 was approximately $4.7 million, compared to net revenue on a GAAP basis in the preceding quarter of approximately $2.2 million.
Gross margin in the fourth quarter of 2011 was approximately 34%, compared to approximately 32% in the preceding quarter.
Total shares outstanding at December 31, 2011 were approximately 20.5 million common shares.
About Webxu, Inc.
Webxu, Inc. (WBXU) is a media company that owns and operates a network of consumer branded websites and businesses focused on Customer Acquisition, E-Commerce and Social Media. Through its network of websites, Webxu generates revenue by providing advertiser clients with targeted consumer traffic. Webxu is headquartered in Los Angeles, CA.
Last Trade: 1.40 52 Week: 2.99 – 0.80 Market Cap: 25.89 Million