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Message: AGORACOM Small Cap TV - May 3rd - 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 May 3rd, 2012, 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 ... or click on the image below.

Golden Star Resources Publishes Positive Preliminary Economic Assessment for Prestea Underground Mine

Golden Star Resources Ltd. (NYSE Amex: GSS) (TSX: GSC) (GSE: GSR)

is pleased to announce the completion of a Company authored Preliminary Economic Assessment ("PEA") of the West Reef area of the Prestea Underground Mine. The Golden Star Board of Directors has approved the PEA and has directed management to proceed to a full feasibility study. All references herein to "$" are to United States dollars. Full text of the PEA is posted on www.sedar.com, www.sec.gov/edgar.shtml and the Company's website at www.gsr.com or access the following link and scroll down to the Prestea Underground section of the page: http://www.gsr.com/Operations/Bogoso.asp.

Highlights:

- West Reef has an Indicated Mineral Resource of 874,000 tonnes grading 18.07 grams per tonne (g/t) for 508,000 ounces of gold and the orebody is open along strike and down dip

- West Reef has an Inferred Mineral Resource of 510,000 tonnes grading 11.58 g/t for 190,000 ounces of gold and the orebody is open along strike and down dip

- Factoring in mining recovery, dilution, stope and development design, and based on the Indicated Mineral Resources and Inferred Mineral Resources; the potentially mineable resources total 1.84 million tonnes at a grade of 7.8 g/t

- The PEA contemplates a 1,200 tonnes per day mining operation (including mineralized material from development) using the AVOCA mechanized mining method

- Material will be processed at the Bogoso oxide processing plant to produce up to 97,000 ounces of gold per year at full operation and a life-of-mine gold production of 437,000 ounces

- Life-of-mine cash operating costs (before royalty and taxes) are estimated at $600 to $700 per ounce

- Capital costs, including a decline and hoisting shaft, are estimated at approximately $115 million

- Net present value at $1,500/oz gold price and 5% discount rate is $107 million (post-tax)

- Internal rate of return of 21%

Golden Star Resources holds the largest land package in one of the world's largest and most prolific gold producing provinces. The Company holds a 90% equity interest in Golden Star (Bogoso/Prestea) Limited and Golden Star (Wassa) Limited, which respectively own the Bogoso/Prestea and Wassa/HBB open-pit gold mines in Ghana, West Africa.

Last: 1.48Range: 2.98-1.46Market Cap: 383 million

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Quantum Files Updated NI 43-101 Report on Elk Creek Niobium Deposit

Quantum Rare Earth Developments Corp. (TSX VENTURE:QRE)(OTCQX:QREDF)(FRANKFURT:BR3)

is pleased to announce the filing of an updated NI 43-101 resource report on the Elk Creek Carbonatite project. The report specifically deals with the core Niobium zone, and does not reflect results of any of the Rare Earth Element zones also located on the property. The report, prepared by Tetra Tech Wardrop (Tetra Tech) will be available on SEDAR and the Company's website shortly.

The updated resource estimate for the Elk Creek Niobium Deposit has resulted in an overall increase in tonnage with an Indicated Mineral Resource of 19.3 million tonnes grading 0.67% Nb2O5 (using a 0.40% Nb2O5 cut-off grade), and an increase in Inferred Mineral Resources to 83.3 million tonnes grading 0.63% Nb2O5 (using a 0.40% Nb2O5 cut-off grade). The resource update is the result of an additional three holes completed by the Company at the Elk Creek Niobium Deposit in 2011.

About Quantum: Quantum is developing the Elk Creek Carbonatite, the only primary niobium deposit known to be under development in the U.S., and the highest grade undeveloped niobium deposit in North America. Niobium is mainly used in the form of Ferro-Niobium to produce HSLA (High Strength, Low Alloy) steel, to produce lighter, stronger steel for use in automotive, structural and pipeline industries. The U.S. imports 100% of its niobium needs. Niobium is listed as a strategic metal, and is being considered for national stockpiling in the U.S., China, and several European countries.

Last: 0.15Range: 0.44-0.11Market Cap: 12.9 million

Continental Nickel Reports New Assays Including 3.02% Nickel and 0.56% Copper Over 3.65 Metres at the St. Stephen Nickel-Copper Sulphide Project, New Brunswick

Continental Nickel Limited (TSX VENTURE:CNI)

is pleased to report that final assay results from its 2012 drilling program on the St. Stephen Nickel-Copper project in New Brunswick Canada have been received and confirm additional nickel sulphide mineralization at the G and Hanson Brook zones as well as newly discovered nickel sulphide mineralization at the Todd Mountain target. Continental can acquire up to a 75% interest in the project under the terms of an option agreement with Abitex Resources of Val d'Or, Quebec.

Highlights

  • G Zone: 1.17% nickel and 0.44% copper over 28.10 metres, including 2.50% nickel and 0.55% copper over 3.50 metres and 3.02% nickel and 0.56% copper over 3.65 metres.
  • Hanson Brook: 2.19% nickel and 1.12% copper over 1.30 metres and 2.28% nickel, 0.69% copper over 1.90 metres.
  • Todd Mountain: 0.53% nickel and 0.33% copper over 2.15 metres and 0.80% nickel and 0.24% copper over 1.95 metres.

About Continental Nickel

Continental is focused on the exploration, discovery and development of nickel sulphide deposits in geologically prospective, but under-explored regions globally. The Company's key asset is its 75% interest in the Nachingwea project in Tanzania, where measured and indicated mineral resources have been estimated at 12.8 Mt grading 1.21% nickel and inferred mineral resources have been estimated at 45 Mt grading 0.30% nickel (CNI press release March 2, 2012). The project is a 75:25 exploration joint venture between the Company and IMX Resources Limited. The Company also has an option to joint venture on the St. Stephen project in New Brunswick, Canada where the 2010-2012 diamond drill programs discovered new Ni-Cu sulphide zones.

Last: 0.75Range: 1.65-0.61Market Cap: 32 million

Command Center Announces Revenue of $7.16 Million for the Month of April

Command Center, Inc. (OTCQB:CCNI) (http://www.otcmarkets.com/stock/CCNI/quote), a national provider of on-demand and temporary staffing solutions, today announced revenue of $7.16 million for the four-week reporting period of April 2012, a 22.8% increase on revenue of $5.83 million recorded in April 2011. There were 51 company-owned stores in April, as compared with 53 stores one year ago.

Mr. Welstad noted that the average revenue per store in April 2012 was about $140,000, or $30,000 higher than the average revenue per store in April 2011. “In addition to improving sales system-wide, management has maintained its focus on strengthening margins and managing costs. This year we will open new branch offices only in those areas where there is an immediate and continuing need for our services, and in situations that will contribute to these objectives going forward.”

About Command Center, Inc.

The company provides flexible on-demand employment solutions to businesses in the United States, primarily in the areas of light industrial, hospitality and event services, as well as other assignments such as emergency and disaster relief projects. Additional information on Command Center is available at www.commandonline.com. Information on the company’s Bakken Staffing division can be found at www.bakkenstaffing.com.

Last Trade: 0.44 52 Week: 0.49 – 0.17 Market Cap: 26.02 Million

Viking Systems Reports First Quarter 2012 Results

Viking Systems, Inc. (OTCBB:VKNG), a leading worldwide developer, manufacturer and marketer of 3D and 2D visualization solutions for complex minimally invasive surgery, today announced results for the quarter ended March 31, 2012.

Financial Highlights for the Quarter

  • Sales increased to $3.5 million for the first quarter of 2012, an increase of 61% over the fourth quarter of 2011 and 13% over the first quarter of 2011.

  • First quarter sales included revenue from 21 of Viking's 3DHD Vision Systems. Twenty of these systems were shipped in the first quarter and revenue was recognized from one additional 3DHD system shipped in the fourth quarter of 2011 on which revenue was deferred pending final integration into the customer's system.

  • Seventeen of the total 21 3DHD Vision Systems were for clinical installation and four were demonstration systems sold at discounted pricing. Seven of the clinical system sales in the quarter were in the United States. The fourth quarter of 2011 included sales from five 3DHD clinical systems and the first quarter of 2011 included sales from seven 3DHD clinical systems.

  • Gross profit for the quarter was $959,000, an increase of 138% over the fourth quarter of 2011 and 47% over the first quarter of 2011.

  • The net loss for the quarter was $401,000, compared with a net loss of $1,052,000 in the fourth quarter of 2011 and $446,000 in the first quarter of 2011.

Through March 31, 2012 the Company has sold a total of 90 of its 3DHD Vision Systems since the product was launched in the fourth quarter of 2010. With seven clinical systems sold in the US during quarter ended March 31, 2012, clinical systems sold in the US now total 11. The Company expects continued growth of clinical systems sales in the US as our distribution network gains traction. As of March 31, 2012, the Company has 49 demonstration systems, including seven company owned demo systems, deployed worldwide.

About Viking Systems, Inc.

Viking Systems, Inc. is a leading worldwide developer, manufacturer and marketer of 3D and 2D visualization solutions for complex minimally invasive surgery. It actively markets and sells the only stand alone, FDA cleared, cost-effective 3D system for use in minimally invasive laparoscopic surgery. Viking partners with medical device companies and healthcare facilities to provide surgeons with proprietary visualization systems enabling minimally invasive surgical procedures, which reduce patient trauma and recovery time.

Last Trade: 0.22 52 Week: 0.37 – 0.15 Market Cap: 15.96 Million

Orient Paper Announces Unaudited Preliminary Results for First Quarter Fiscal Year 2012 and Provides Operations Update

Orient Paper, Inc. (AMEX: ONP) ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products in northern China, today announced unaudited preliminary results for the three months ended March 31, 2012. The Company plans to release full financial results and file its Form 10-Q on or before May 10, 2012 and will hold an earnings conference call to discuss its results.

For the three months ended March 31, 2012, total unaudited revenue increased 3.6% to approximately $34.4 million from $33.2 million in the first quarter of 2011. The Company sold 45,391 tonnes and 17,831 tonnes of corrugating medium paper and offset printing paper, respectively, up 104.9% and down 37.9% compared to the first quarter of 2011, respectively. The Company expects to report unaudited net income of approximately $4.7 million, or $0.25 per diluted share, down 3.5% from $4.9 million, or $0.26 per diluted share, for the same period last year. EBITDA, a non-GAAP measurement, is expected to be approximately $8.7 million, up 9.3% from $7.9 million in the first quarter of 2011.

About Orient Paper, Inc.

Orient Paper, Inc., through its wholly owned subsidiary, Shengde Holdings, Inc., controls and operates Baoding Shengde Paper Co., Ltd. ("Baoding Shengde"), and Hebei Baoding Orient Paper Milling Co., Ltd ("HBOP"). Founded in 1996, HBOP is engaged in the production and distribution of products such as corrugating medium paper, offset printing paper, and other paper and packaging-related products in China. The Company uses recycled paper as its primary raw material. Baoding Shengde, founded in June 2009 located in Baoding, is engaged in the production and distribution of digital photo paper.

Last Trade: 3.01 52 Week: 4.84 – 2.05 Market Cap: 55.56 Million



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