Company: Olympus Pacific Minerals (OYM-T) - cliff collins
Industry: gold mining
Shares o/s: 232 million
Comments: Olympus is finally showing positive cash flow as of April. They are now producing gold at a regular pace.
Company: Alphinat (NPA-V) - tara
Industry: technology
Shares o/s: 35,491,112
Comments: governmental contracts with substantial recurring revenue.
Company: NTG Clarity (NCI-V) - tara
Industry:
Shares o/s:
Comments: 2008 EPS +.02$, low market cap, share buyback program.
Company: Bluerush Media (BTV-V) - tara
Industry:
Shares o/s:
Comments: profitable, growth, no debt, small free float.
Company: Xentel (XDM-V) - tara
Industry:
Shares o/s:
Comments: profitable, 2008 .02$ dividend, share buyback, substantial backlog.
Company: Intema Solutions (ITM-V) - tara
Industry:
Shares o/s:
Comments: working cap, high gross margin, high insider ownership.
Company: Exeltech Aerospace (XLT-V) - gee
Industry: aerospace
Shares o/s: 145 million
Comments: With airlines maintaining their existing fleet instead of replacing planes, XLT is in a good position to to profit as the offer various services to the aerospace industry.
Company: OceanaGold (OGC-T) - mouser
Industry: mining
Shares o/s: 161.6 million
Comments: OGC is currently a profitable goldminer operating mines in New Zealand and in addition has a close to production project in the Phillipines ( Didipio) Last Q OGC produced 84,000 ozs or so at a cash cost of 279$ US , which puts them on pace to produce over 320,000 ozs annually. OGC has over 3 MILLION ozs currently in reserves and alt least another 5.5 million in resources outside of reserves, as well as a considerable amount of copper byproduct at Didpio. By every measure i use - OGC seems to be the most undervalued producer out there , P/E ratio of about 4, gold in ground reserves value musc lower than other producers and less than many explorers, and growth potential at DIDIPIIO huge.
Company: Mart Resources (MMT-VT) - gee
Industry: resource oil
Shares o/s: 300 million
Comments: Bringing on some nice wells in Nigeria. Last well is producing at 2400 boed and current production is 4200 boed.
Company: Vast Exploration (VST-V) - blindboy
Industry: oil and gas
Shares o/s: 111 million
Comments: Partnered in Iraq with Niko (27% each), Kurdish regional gov't 20% + 20% for future allotment), Groundstar 6%. Heritage Oil ~4 billion bbl oil discovery adjoins to the north, and Westernzagros/Talisman (Sproule) estimated ~2.4 billion bbl potential resource adjoins to the south. current price weakness due to post discovery pocket padding (i.e. $0.40 financing) - imo.
Company: Longford Energy (LFD-V) - blindboy
Industry: oil and gas
Shares o/s: 42 million
Comments: LFD and VST share same Pres/CEO and promoter. LFD has close to $18 million w.c., and a month ago they reported that they were in 'advanced discussions' regarding a PSC. I've bought 'blind', since that's all the detail they provide at this time. However, given the overlap of management and promoter between LFD and VST, I'm willing to gamble that the discussions also involve Iraqi concessions. If so, the low float will make the LFD market explosive (imo). If not, it's still a nicely structured and financially healthy junior, with one of the best promoters on the TSX/TSX Venture. I can live with that.
Company: Bronco Energy (BCF-T) - cliff collins
Industry: oil and gas
Shares o/s: 38 million
Comments: They have their financing in place now. Here we go back to $18.00 again.
Company: Hemisphere GPS (HEM-T) - cliff collins
Industry: agriculture
Shares o/s: 56 million
Comments: New agricultural gps units to be marketed in China soon.
Company: Regal Energy (REG-V) - cliff collins
Industry: natural resources
Shares o/s: 150 million
Comments: ...
Company: Revett Minerals (RVM-T) - cliff collins
Industry: mining
Shares o/s: 109 million
Comments: Silver miner with prices on the rise. Should be a good pop over the next year.
Company: New Guinea Gold (NGG-V) - mouser
Industry: gold mining - exploration
Shares o/s: 156.2 million
Comments: NGG began producing from the SINIVIT mine in New Guinea in the past year and ran into start up problems - market has beaten them down substantially and currently trading near 52 week lows. Of late however terrific results have been coming in from more than one of their great projects. Sinivit showed grades with best results such as 14 metres at 2.45 grams per tonne gold, 14 m at 3.27 g/t gold and six m at 39.7 g/t gold, including four metres at 57.30 g/t gold. MT Penck JV with VAN had an incredible hit from surface of 133 metres of 1.82 grams per tonne AU with some silver starting at surface. And the latest results from Weioko had some high-grade intervals such as 1.8 m at 51.50 g/t gold and 140 g/t silver in hole PWED47 from 3.1 m depth. This was within drill hole PWED47 -- 64.6 m at 2.24 g/t gold and 8.88 g/t silver. At present Macmin Silver is liquidating their holdings of NGG due to insolvency and that orehang holding the stock back. That will end tho- this one a good hold IMO.
Company: International Datacasting (IDC-T) - Deepglue
Industry: wireless communications
Shares o/s: 57.055 million
Comments: EPS: 0.040$ P/E Ratio: 6.625$ Sold some about a month ago @.40$. Good outlook with growing international projects.
Company: AndeanGold (AAU-V) - blindboy
Industry: resource
Shares o/s: 32 million
Comments: 100% speculation. I feel it's (slowly) being set up for a promo, and they've got reasonable mgmt and prospects for a nickel stock.
Company: Temex Resources (TME-V) - gee
Industry: mining
Shares o/s: 71 million
Comments: Area Play on NOT-V and WTM-V.
Company: Int'l Parkside Products (IPD-V) - Alan
Industry: manufacturing
Shares o/s: 15,752,170
Comments: Profitable company with a clean balance sheet. Stable sales from their lenspen products which helps to finance the commercialization of new products. Their latest new product is a cleaner for digital camera sensors and is a higher end product then what they generally sell. Initial indications are this new product is selling very well. Last february they didn't pay out a dividend because they were concerned about the economy (they paid a dividend of 2 cents the year before or 20% on a penny stock). This year sales have increased by about 19% and the new Sensor Clear product sales are just starting to be factored in as of the last financials. Cash in the bank is only 60,000 however receivables doubled in the quarter indicating increasing sales. The company is also reporting on what is generally their strongest quarters for the annual financials due out in November followed by Q1 in late December. Everyone that I've spoken to likes the Sensor Clear product and will be using it on their own high....
Company: eMedia Networks (EMM-V) - Alan
Industry: service industry
Shares o/s: 22 million
Comments: The company is EMM. E-media. It had a 150,000 in profits last quarter or three quarters of one cent per share in earnings. Annualized the earnings are about 3 cents per share. Normally I wouldn't annualize one quarter worth of earnings because one strong quarter doesn't necessarily mean the following quarters will materialize. This company is the exception though. Their revenues are recurring. They provide music to retail locations at about $20-50 per month. They currently have about 5000 customers and their revenue grew last year by over 30% in the worst retail market that I can remember. I figure if revenues grow by 20% going forward they will easily hit 3.5 cents per share this year and they are currently trading at 5.5 cents per share. If revenues grow by 20%, I would assume that profits grow by at least 25-30% given the fixed costs are already paid for. The company has a new product that they will be trying to offer existing customers. They have just entered into the video display market however....
Company: Brett Resources (BBR-V) - Clay
Industry: precious metals
Shares o/s: 100.6 million
Comments: none provided
Company: Creso Exploration (CXT-V) - mouser
Industry: mining
Shares o/s: 70 million (103 mill diluted)
Comments: This company just went public , and hit what i consider to be the best near surface gold discovery hole ever in Ontario. over 145 metres in two zones of better than 10 gpt gold ,including 65 metres of 18.2 gpt gold to 115 metres depth. INCREDIBLE, people will be comparing to Aurelian etc, IMO.
Company: Genco Resources (GGC-T) - mouser
Industry: mining
Shares o/s: 90.817 million
Comments: GGC recently restarted production at the 100 % owned LA Guitara mine which is located about 2 hours sw of Mexico City . Current proven adn probable reserves of 47 million ozs silver equiv and over 205 million ozs silver equiv in all categories. At current 320 tonne per day rate they have enough Reserves for nearly 100 years of mining, however that is not the long term plan. Positive feasability study was done for 3000 tonne per day operation and avenues are being explored to make that happen. Currenlty under 25 million market cap.
