Thursday, 28 October, 2010

Silvore Fox Meets with Vancouver Investment Community


Silvore Fox Minerals

SFX - TSXV

Shares Outstanding – 128.42 Million

Fully Diluted – 154.05 Million

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Silvore Fox took its message to the Vancouver investment community on October 27th as part of the ongoing effort to increase following for the company. Company President & CEO, Harry Cabrita and VP of Corporate Affairs, Helen Gao met with investment advisors, analysts and private investors. The emphasis was on activity at the Coxheath property, located in Nova Scotia and the company’s acquisition strategy. It’s currently evaluating properties in Ontario, British Columbia, Mexico, Chile and Peru.

Here are some of the investment firms with, which Silvore Fox met.
- Research Mackie Capital
- Canaccord Capital
- Haywood Securities
- Wolverton Securities
- Dundee Wealth
- RBC Securities

The team at InvestmentPitch.com (IP) hosted a lunch for Silvore Fox in the company’s offices. IP brought in Investment Advisors and private investors. Here is a video the IP team produced for Silvore Fox.



Wednesday, 27 October, 2010

Smartcool Starts Non-Profit Partnership Program

Smartcool Systems Inc.
(SSC: TSX-V)
Basic Shares 46.8 million
Fully Diluted 54.7 million
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Smartcool has partnered with one of its premier distributors in Florida, Global Energy Services (GES) to help non-profit organizations benefit from Smartcool’s energy savings.

The innovative program allows for Smartcool's ECO3 units to be installed at no charge up front with a year of interest free payments on the product. The money saved on the energy bill each month goes towards paying off the product. All of the energy saving dollars incurred once the product is paid for can be used to fund much needed services and programs.

GES has been working with the YMCA 's in the Suncoast service area of Florida where the first install has proven to have saved more than 10% on the monthly energy bills. The plan now is to install the ECO3 unit into 8 YMCA locations in the Suncoast area where overall expected savings would be in excess of $50,000 per year.

One particular YMCA location named Greater Ridgecrest in Largo Florida has been hit especially hard by the downturn in the economy and is predominantly serving minority youth who can't pay traditional membership fees. Smartcool has opted to donate its ECO3 product to this location to help with its challenges.

GES and Smartcool plan to roll out this program to hundreds of non-profit organizations that can equally benefit from its innovation.

See full version of today's news here.........

Wednesday, 20 October, 2010

Argonaut Exploration – Is It On To Something Big?

From High Gold Project

Argonaut Exploration
AGA - TSX.V
Shares Outstanding - 25.2 Million
Fully Diluted - 35.9 Million

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Today Argonaut Exploration announced its initial results from its 2,500 metre drill program on its High Gold property. The length and consistency of Copper, Molybdenum and Gold in the drill intercepts indicate Argonaut’s High Gold property is a large porphyry system.

One hole demonstrated a strike length of 156.3m with a 0.25% copper equivalent. Another hole showed a strike length of 118.4m with a 0.30% copper equivalent.

Investors will ask, “Why is this significant?”

When evaluating the value a porphyry system, consider the following:At today’s copper / molybdenum / gold prices 0.25 % copper equivalent with sizable tonnage is economic and is appealing to the majors. This is a big change from ten years ago when copper was below $1 per pound, and 1% copper was considered economic.

See the illustration below.


















Stay tuned for more drill results, today’s news is just the beginning from Argonaut.

To view the full news release, please click here

Tuesday, 19 October, 2010

AeroMechanical Technology Advantages Noted By International Body

AeroMechanical Services Ltd. (TSX:V-AMA)
Basic Shares: 103.6 million
Fully Diluted: 115.4 million
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The stone a respected international aviation group just threw into the Atlantic Ocean could create some great ripples for passenger safety and AeroMechanical Services (AMA).

What happened is the group, known as the European Oceanic Position Tracking Improvement & Monitoring program (OPTIMI), issued an interim report on its efforts to find a better way to track, monitor and communicate with aircraft flying over vast areas of the globe that are not covered by radar - like the Atlantic Ocean.

And in that report, OPTIMI stated AMA has the technology to solve that problem, right now.
No other company’s technology was mentioned.

The OPTIMI group was set up in the wake of the Air France 447 flight that tragically disappeared into the Atlantic Ocean in June 2009 claiming the lives of all 228 passengers and crew. A massive search was launched, not only to try and help any survivors, but also to find the aircraft’s black boxes that hold the critical information which could lead investigators to discover why the modern Airbus passenger jet fell from the midnight skies in that stormy equatorial area.

But the boxes have never been found.

OPTIMI’s task was to identify the best way that the critical data flowing into an aircraft’s black box could be practically and economically streamed back to earth stations in emergency situations so the vital clues are available when the black box can’t be found.

Its other task was to find a technology that can precisely track those aircraft in radar-less areas.
The OPTIMI group found that, “AMA’s solution offers great flexibility and is unique in its ability to use a wide range of events to trigger,” emergency alerts to ground personnel about when a plane is in trouble and automatically report where that aircraft is located.

Of course, the latter observation also opens the possibility that ground experts can now talk to pilots to help when an onboard malfunction occurs and hopefully well before a fatality occurs, just like NASA does with its astronauts.

“AMA’s technology is a valid option for consideration within the OPTIMI project as being universally available to civil and military operators ..., ” the report added. OPTIMI will issue a final report at some future date.

To read AMA’s news release on the interim report, please click here.

AeroMechanical & Hawker Beechcraft Stand Side By Side

AeroMechanical Services Ltd. (TSX:V-AMA)
Basic Shares: 103.6 million
Fully Diluted: 115.4 million
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AeroMechanical Services has scored a major business coup with today's announcement from Hawker Beechcraft that it will be offering AMA's automated flight information reporting system (afirs) on 125 series business jets (900XP, 850XP, 800XP & 750).
This notable announcement that Hawker is AMA's first Original Equipment Manufacturer (OEM) was made at the National Business Aviation Associated (NBAA) conference in Atlanta.
Tomorrow (Wednesday, Oct. 20th), AMA will have more to say about this important development.
In its news release, Hawker noted it will start the customer education process as afirs will be installed on its demonstration aircraft.

The monitoring service – Automated Flight Information Reporting System (afirs™) and supporting infrastructure, UpTime™ – can help ensure operational readiness by recognizing and transmitting relevant engine and aircraft data that, if left undetected or unaddressed, might otherwise result in an unscheduled maintenance event and impact aircraft availability and dispatch reliability. In addition, Hawker Beechcraft is equipping its demonstrator aircraft with the system to allow the company to educate customers on system utilization.

We have been told by an attendee at the NBAA who sat in on the Hawker press conference that one of the company representatives in responding to a journalist's question said that afirs would be "standard fit" starting in 2011.

To read Hawker's news release click here.

There is no publicly available information at this time on Hawker or AMA's financial expectations from this relationship.

What is clear is that AMA has a growing chorus of supporters because of the advantages of its technology.

To learn more about Hawker Beechcraft click here.

Monday, 18 October, 2010

Buchans Cashes Up For Fall Exploration


Buchans Minerals Corporation (TSX-V: BMC)
Basic Shares 112.1 million
Fully Diluted 120.6 million
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Buchans today announced it closed a non-brokered private placement with Mineralfields raising $1 million consisting of 12.5 million Units at $0.08 each. Each Unit consists of one flow through share and one-half common share purchase warrant exercisable between $0.12 - $0.15.

Buchans is using the proceeds to follow up exploration on its 100% owned Buchans North property in central Newfoundland where recent drilling encountered values as high as 15.5% copper with strong showings of zinc, silver, lead and gold.
The company will also be using some of the funds raised to further explore its Long Range property which is joint ventured with Benton Resources, also in Newfoundland.

See full news release here.....

Friday, 15 October, 2010

Neptune's Q2 Results Continues Positive Trend

Neptune Technologies & Bioresources
(NTB - TSX V) (NEPT - NASDAQ)
Basic Shares: 40.2 million
Fully diluted: 43.1 million

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PLEASE CLICK ON THE IMAGE TO EXPAND
If past performance is any guide to the future, Neptune's second quarter results released Oct. 15th, bodes well for its next two quarters. Historically speaking, Neptune's first and second quarters tend to be relatively flat while its third and fourth quarters show seasonal growth.

Before getting into additional detail on that item, below are the consolidated results for Q2/F11 ending Aug. 31st. As a side note, NTB's plant was down for the better part of Q2/F10 as new equipment was installed to increase production capacity to 100 thousand KG per year of krill oil from 60 thousand KG.

 Revenue increased by 200% to just over $4. 1 million, up from $1.3 million during the corresponding period ending on August 31, 2009.
 Consolidated EBITDA for the three-month period, was $732 thousand compared to a loss of $1.6 million during the corresponding period last year.
 Net earnings increased by over $2.3 million and net income reached $274 thousand, or $0.01 per share, compared to a net loss of $2.1 million or $0.06 per share for the corresponding period last year.

For greater detail on the quarterly results, please click here.
The results caught the attention of the Montreal Gazette. It's story can be viewed here.
Looking at the quarterly results over the last three fiscal years - shown at the top of this blog -the trend is clear.
Quarterly consolidated revenue tends to be flat in the first half of Neptune's fiscal year but ends on a much stronger note in the last half of the year.
However, the important point is that the quarterly revenues, EBITDA and net income picture are only getting better.

Carfinco Management Wins Prestigious Ernst & Young Award







Carfinco Income Fund (TSX:CFN.UN)
Units issued: 23.9 million
Units fully diluted: 24 million
Current monthly distribution: $0.02
Q1/2010 special distribution: $0.04
Q2/2010 special distribution: $0.10
Q3/2010 special distribution: $0.10

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On July 7th we shared with our readers that Tracy Graf, President & CEO and Troy Graf, VP & CFO were up for Ernst & Young Entrepreneur of the year for 2010.

At last night's annual gala held in Calgary Carfinco's management was announced as the winner in the category of Professional/financial services for the prairie region.

We at the Howard Group would like to congratulate Tracy and Troy for their well deserved win.

Wednesday, 13 October, 2010

Neptune Tucks Over $2 Million Into Bank

Neptune Technologies & Bioresources
(NTB - TSX V) (NEPT - NASDAQ)
Basic Shares: 40.2 million
Fully diluted: 43.1 million

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Neptune's Oct. 13th announcement it raised $2.6 million in a non-brokered private placement is icing on the cake for the company's treasury.

For those who may be wondering, NTB's cash position is approximately $4.5 million. Should the positive trend of Q1/F2010 continue, the company will continue to add free cash flow to its balance sheet.

Major institutional investors took up the lion's share of the placement which was done through the offering of common shares at $1.85 per share.

Neptune wanted these additional dollars available to ensure flexibility in its planning for a future clinical study for its 60% owned, Acasti Pharma Inc.

To read the full news release, please click here.

Florida Welcomes Smartcool And Its Energy Saving

Smartcool Systems Inc.
(SSC: TSX-V)
Basic Shares 46.8 million
Fully Diluted 54.7 million
-------------------------------------- The Sunshine State burns a lot of energy trying to keep its residents cool year round as air conditioning and refrigeration consume the majority of power in Florida.

Smartcool's regional partners, Smartcool Southeast and Global Energy Services have been helping solve this issue successfully selling Smartcool's ECO 3 and ESM product across the state.
Over 700 ECO 3 units have been installed through the partnership saving its end user both money and greenhouse gas emissions.
It has been proven that Smartcool's product saves energy and the company is getting serious traction in the Southeastern United States. The Florida-based distribution partners have ordered 2,000 more Eco 3 units to meet the growing demand.

For competitive reasons the value of the purchase has not been disclosed.

A large percentage of Global Energy Services customers are Non-Profit Organizations that really appreciate energy savings. Smartcool Southeast along with Global Energy Services are helping these organizations afford the energy saving product by allowing them to use the savings on energy bills to pay for the products over time.

See today's news here........

Friday, 8 October, 2010

Investors Show Confidence in Silvore Fox


SFX - TSXV

Shares Outstanding – 128.42 Million

Fully Diluted – 154.05 Million

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Silvore Fox announced today that 98.5% of the warrants issued for its October 2009 private placement have been exercised. 9.85 million common shares have been issued for a total of $591,000.

The company will use the proceeds to fund exploration work on the company’s 100% owned mineral rights Coxheath (Copper/Moly/Gold) property, located in Nova Scotia, Canada.

To read the full release, please click here

Thursday, 7 October, 2010

Silvore Fox Completes Airborne Survey


SFX - TSXV

Shares Outstanding – 128.42 Million

Fully Diluted – 154.05 Million

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Silvore Fox Minerals announced today that it has completed a 436 line-kilometre AeroTEM survey of its 100% owned mineral rights, Coxheath property located in Nova Scotia, Canada. The survey flown by Aeroquest International Ltd. provided additional information for ‘zones of interest’ in highly prospective areas of the property.

Of interest, the survey also covered the recently acquired, unexplored southern part of the property and identified additional areas of interest.

In the north eastern area of the Coxheath property, the geological team believe the “regional geological setting, structural geology, and alteration patterns, may represent a potential epithermal gold system.”

The airborne survey’s data will play a significant role in the identification of future drilling targets.

To read the full release, please click here

Wednesday, 6 October, 2010

Asia Now Preps Six Rigs To Work Beside Gold Neighbour

Asia Now (TSX-V: NOW)
Basic Shares: 65.5 million
Fully Diluted: 68.3 million

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Being next door to a large producing gold operation combined with very encouraging drill results is the perfect formula to motivate any junior company to step up exploration.

As such, it's clear why Asia Now has announced that it will be moving 6 to 8 rigs to its Beiya North property in China. The mobilization is set to occur in conjunction with the closing of a recently announced financing that will be taken up by NOW's partner and major investor China Gold.

Asia Now's Beiya North property sits adjacent to the largest gold mine in the Yunan Province which is reportedly expanding annual production to 200 thousand ounces.

The existing open-pit mine is looking to expand. Asia Now has all of the surrounding land covering 586 square kilometres. Owners of the gold mine have 20 rigs drilling 40,000 metres of high-grade massive copper-gold sulphides right on the border of Asia Now's property.

Asia Now is looking to drill 17,400 metres on a grid of 80 metres by 80 metres to prove up a 43-101 compliant resource next to the mine.

See full news release here....

Friday, 1 October, 2010

Argonaut Buys Gold Property


Argonaut Exploration
AGA - TSX.V
Shares Outstanding - 25.2 Million
Fully Diluted - 35.9 Million

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After the market closed yesterday, Argonaut announced that it purchased the 2,230 hectare Columario Gold property, in the Terrace area of British Columbia, Canada.
This property sits just south of Argonaut’s other 100% owned, 177 square kilometre gold property named ‘Terrace’ which has demonstrated bonanza grades of gold, silver and copper.

The two properties leave Argonaut with a very large footprint in this key, mineral rich district.

Ray Cook, president of Argonaut, was quoted in the release saying, “Government geoscientists and geology academics from the University of British Columbia have long compared the Terrace mineral district to the richest gold camp in British Columbia, the Bridge River Gold Camp to the South where the Bralorne and Pioneer Mines produced four million ounces of gold. It is Argonaut's intention to prove them correct."

Argonaut also acknowledged that once the acquisition has been completed Argonaut will begin planning the exploration of the Columario Gold Property.

Please click here to view the full release.