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Paramount Gold Reports on Five More Trenches in the San Antonio - Carmen Zone with Assays up to 887 Grams Silver at the San Miguel Project, Mexico
Tuesday January 2, 5:00 am ET
CHIHUAHUA, Mexico--(BUSINESS WIRE)--Paramount Gold Mining Corp. (OTC:PGDP - News; Frankfurt:P6G - News; WKN:A0HGKQ) is pleased to release the results of a trenching program in the central part of its San Miguel concession block near Temoris, Chihuahua, Mexico. The five trenches reported are located in the San Antonio - Carmen zone which is adjoining and to the north of the San Luis zone where Paramount reported drill results that included 35.5 g/t gold across 4.0 meters (see news release dated August 1 2006).
Trenches nine through thirteen span approximately 175 meters along strike on the San Antonio - Carmen zone. Trench ZSA-09 starts approximately 50 meters north from trench ZSA-08 (88.4 meters averaging 50.2 g/t silver, including 1.0 meters of 1,300 g/t silver). Trench ZSA-10 is approximately 90 meters north of ZSA-09. Trenches ZSA-11 and ZSA-13 continue across strike to the west of ZSA-10 with approximately 50 meters between them. Trench ZSA-12 is approximately 70 meters north of ZSA-10.
Paramount's Manager of Exploration in Mexico, Bill Reed, commented: "The trenching results at San Antonio compare very well with earlier trenches in the San Luis, San Jose and La Union zones. These recently completed trenches in the San Antonio - Carmen zone have exposed a series of sub-parallel en echelon veins that extend 175 meters to the north of those previously reported trenching results with a width of more than 200 meters. This confirms our prior observation that this mineralized system is strengthening to the north. We will continue drilling this zone immediately after the start of the New Year."
The highlights of the trenching include:
ZSA-09 - 61.9 meters averaging 79.0 g/t Ag, including 2.1 meters of 625 g/t Ag with 1.24% lead, and 1.0 meters of 887 g/t Ag with 5.59% lead.
ZSA-10 - 36.5 meters averaging 56.3 g/t Ag, including 17.5 meters of 87 g/t Ag.
ZSA-12 - 30.0 meters averaging 87.7 g/t Ag, including 3.0 meters of 422 g/t Ag, and 7.0 meters of 195 g/t Ag with 1.6% zinc.
ZSA-13 - 1.0 meters 62.0 g/t Ag and 0.79% lead.
The trenches are excavated to a depth of 2-3 meters and extend from west to east across the quartz veins and stockwork quartz veins that host silver and gold mineralization in the Guazapares mining district. The trenches were cut through thin overburden to better define drill targets and spaced approximately 50 to 75 meters apart. The geology of the trenches is mapped in detail and continuous rock chip samples of no more than one meter in length are collected from the trench walls.
Drill holes have been completed on the San Antonio zone based on the trench assays listed below and the drill will continue to move north along the mineralized zone as defined by the trenches.
Area Trench From To Interval Au
(m) (m) (m) (g/t)
----------------------------------------------------------------------
San Antonio ZSA-09 10.10 44.20 34.10 0.00
--------------------------------- ------ ------ -------- -----
44.20 46.30 2.10 0.00
------ ------ -------- -----
46.30 63.00 16.70 0.00
------ ------ -------- -----
63.00 64.00 1.00 0.00
------ ------ -------- -----
64.00 72.00 8.00 0.00
------ ------ -------- -----
------ ------ -------- -----
Average 10.10 72.00 61.90 0.00
----------------------------------------------------------------------
----------------------------------------------------------------------
San Antonio ZSA-10 25.00 44.00 19.00 0.00
--------------------------------- ------ ------ -------- -----
44.00 61.50 17.50 0.00
--------------------------------- ------ ------ -------- -----
Average 25.00 61.50 36.50 0.00
--------------------------------- ------ ------ -------- -----
----------------------------------------------------------------------
San Antonio ZSA-11 7.00 10.00 3.00 0.00
--------------------------------- ------ ------ -------- -----
19.00 28.00 9.00 0.00
------ ------ -------- -----
43.00 63.00 20.00 0.00
----------------------------------------------------------------------
----------------------------------------------------------------------
San Antonio ZSA-12 10.00 13.00 3.00 0.00
--------------------------------- ------ ------ -------- -----
33.00 40.00 7.00 0.00
------ ------ -------- -----
40.00 56.00 16.00 0.00
------ ------ -------- -----
Average 10.00 49.00 30.00 0.00
----------------------------------------------------------------------
----------------------------------------------------------------------
San Antonio ZSA-13 24.50 25.50 1.00 0.00
--------------------------------- ------ ------ -------- -----
48.50 61.50 13.00 0.00
----------------------------------------------------------------------
Area Trench Ag AuE Pb Zn
(g/t) (g/t) (%) (%)
----------------------------------------------------------------------
San Antonio ZSA-09 58.00 0.97
----------------------------------- ------- ------ ----- -----
625.00 10.42 1.24 0.20
------- ------ ----- -----
25.00 0.41
------- ------ ----- -----
887.00 14.78 5.59 0.17
------- ------ ----- -----
39.00 0.65
------- ------ ----- -----
------- ------ ----- -----
Average 79.00 1.32 0.21 0.17
----------------------------------------------------------------------
----------------------------------------------------------------------
San Antonio ZSA-10 28.00 0.47 0.08 0.15
----------------------------------- ------- ------ ----- -----
87.00 1.46 0.10 0.16
----------------------------------- ------- ------ ----- -----
Average 56.30 0.94 0.09 0.15
----------------------------------- ------- ------ ----- -----
----------------------------------------------------------------------
San Antonio ZSA-11 30.00 0.50 0.10 0.15
----------------------------------- ------- ------ ----- -----
11.00 0.18 0.05 0.11
------- ------ ----- -----
13.00 0.21 0.01 0.10
----------------------------------------------------------------------
----------------------------------------------------------------------
San Antonio ZSA-12 422.00 7.04 0.20 0.55
----------------------------------- ------- ------ ----- -----
195.00 3.25 0.17 1.60
------- ------ ----- -----
12.00 0.20 0.15 0.03
------- ------ ----- -----
Average 87.70 1.46 0.06 0.43
----------------------------------------------------------------------
----------------------------------------------------------------------
San Antonio ZSA-13 62.00 1.01 0.79 0.08
----------------------------------- ------- ------ ----- -----
8.00 0.14 0.03 0.09
----------------------------------------------------------------------
Quality Control Person
C.W. (Bill) Reed, B. Sc. Mineralogy, is acting as qualified person and has prepared the detail and review with respect to this news release.
Recent Paramount Gold Highlights
12/20/06 Appoints new senior mining executive
12/14/06 Extends Zone 800 meters
12/11/06 Strengthens team with addition of COO and independent
director
12/06/06 Commissions independent NI-43101 Technical Report to
establish first Gold/Silver resource at San Miguel, Mexico
11/08/06 Strike zone extended 500 meters with Polymetallic intersects
10/13/06 Announces Above-Market $1 Million Financing at $2.60 Per
Share
10/12/06 Drills 6.7 g/t Gold Equivalent over 17.6 Meters and 4.8 g/t
Gold Equivalent over 16.4 Meters at San Miguel
10/10/06 Acquires an 80% Interest in over 6,000 Hectares Surrounding
San Miguel Project in Mexico
9/27/06 Outlines a High Potential Gold-Silver Target at Santos, Peru
9/21/06 Drills silver intersects of 354 g/t (11.4 ozs) over 6.6
meters and 263 g/t (8.5ozs) over 19.7 meters at San Miguel.
9/19/06 Trench Results at San Miguel, Mexico, Extend Silver/Gold
Zone another 175 Meters
9/14/06 Drills 874 g/t (28 ozs) silver over 5.2 meters and 553 g/t
(17.8 ozs) over 6.5 meters at the San Jose zone, San Miguel
8/10/06 Hits gold in 4 of 5 drill holes at Linda property in Peru.
8/2/06 First drill results at San Miguel Project in Mexico include
bonanza gold grade of 35.5 g/t gold over 4 meters
6/29/06 Recruits key geologists from Barrick Gold.
6/28/06 Identifies 5 High Priority Properties in Argentina and Chile
5/17/06 Creates the Andean Gold Alliance with Tech Cominco Limited
covering 21 properties in Chile, Peru and Argentina.
5/12/06 Closes $1,000,000 financing @ $4.25 with participation by
Teck Cominco Limited for 117,500 shares.
5/03/06 Acquires 100,000 Hectares in Sierra Madre Gold-Silver Belt,
Between the Guazapares and El Sauzal Mining District,
Mexico
2/22/06 Channels 11.3 g/t gold across 25.8 meters at the San Luis
zone, San Miguel project in Mexico.
About San Miguel
San Miguel is currently comprised of 16 concessions covering an estimated 6 kms strike of silver and gold mineralization. It is located in Chihuahua, Mexico and lies in the Guazapares mining district, part of the gold-silver belt of the Sierra Madre Occidental. Paramount signed an agreement in August 2005 with Amermin S.A. de CV, a subsidiary of Tara Gold Resources, to acquire a 70% interest in the San Miguel project.
About Paramount Gold
Paramount Gold is a precious metals exploration company listed on the OTCBB under the symbol PGDP and on the Frankfurt stock exchange under the symbol P6G (WKN: A0HGKQ). The Company's objectives are to a) aggressively explore and develop the San Miguel project, located in Chihuahua, Mexico within the Sierra Madre Occidental gold/silver belt; and b) fully develop the potential of the strategic alliance with Teck Cominco for gold exploration in South America. For more information, please visit the Company's web site at: www.paramountgold.com (now available in the following languages: English, German, French, Spanish, and Mandarin).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Investor Relations:
Skyline Communications, 613-226-9881
Toll-free: 1-866-481-2233
--------------------------------------------------------------------------------
Source: Paramount Gold Mining Corp.
ISCR building steam Z! Nice!
GRIN--sales for Wal-Mart were up so GRIN might benefit as well from a good retail season.
Hello Billionaire Players Clubers!
Watch for ISCR to break out in early 2007 just like DKAM and UWNK did!
Hello Billionaire Players Clubers!!! I just rolled more of my daytrading profits into ISCR! Major events are taking place and news should start to follow in early 2007!
.<font color=green>MERRY CHRISTMAS HAPPY HOLIDAYS
NEWS! LLEG (.0018) New York Biomass Project Receives Joint Support From New York Congressional Leadership
Business Wire "US Press Releases "
NEW YORK--(BUSINESS WIRE)--
Laidlaw Energy Group, Inc. (OTC: LLEG) announced today that ten members of New York State's Capitol Hill leadership wrote Governor-Elect Eliot Spitzer on Tuesday in support of Laidlaw Energy's Ellicottville, New York biomass energy project and two other noteworthy New York biomass projects, The Biorefinery in New York and the Lyonsdale Biomass Facility. The signatories urged Governor-Elect Spitzer to fully include New York's abundant and renewable woody biomass resources as a key component in the new administration's comprehensive energy policy.
The diverse and bi-partisan Upstate/Downstate coalition was led by Congressman John M. McHugh (NY-23Rd) and Congressman John R. "Randy" Kuhl (NY-29th) and included United States Senator Charles E. Schumer, Congressman Brian Higgins (NY-27th), Congressman Maurice D. Hinchey (NY-22nd), Congressman Edolphus Towns (NY-10th), Congresswoman Carolyn McCarthy (NY-4th), Congressman Gregory W. Meeks (NY-6th), Timothy H. Bishop (NY-1st) and Congressman James T. Walsh (NY-25th). The letter strongly urges Governor-Elect Spitzer to ensure that his energy policy embraces woody biomass technologies that "not only help design a more sustainable future, but also help reduce New York State's dependency on foreign sources of energy."
Strongly emphasizing the extensive existing scientific research from the State University of New York College of Environmental Science and Forestry and others including the National Renewable Energy Laboratory, which clearly maintains that woody biomass resources have distinct technical, economical and environmental advantages, the signatories clearly recognized that CO-2 neutral woody biomass enjoys significant advantages toward reduction of the causes of global warming over fossil fuels like coal and petroleum.
The congressional delegation signer's highlighted efforts such as Laidlaw Energy Group's Ellicottville, NY biomass energy project for seeking to use sustainable and renewable thermal energy and electricity in an innovative combined heat and power project to create economic vitality for the New York State forest products industry.
Concerning Laidlaw Energy's Ellicottville project, the letter stated, "Laidlaw Energy & Environmental is an exciting project in Upstate New York. They have committed to strengthening the local economic fabric in Ellicottville, New York, where their re-powered renewable facility will directly put 25 local men and women back to work and will also help local truckers and forest products industry workers earn their livings. Laidlaw Energy & Environmental will also generate year round annual tax revenues in support of local government and public schools." Full text of the letter can be found at http://www.nyenrg.com/images/NYS_Woody_Biomass_Delegation_Letter. 121906.pdf.
(Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
Laidlaw Energy's Ellicottville, New York project involves the conversion of a natural gas fired power plant to utilize 100% clean woody biomass as its fuel source. It is the only power plant in the Buffalo area that is specifically designed to utilize woody biomass fuel. The project will create numerous economic benefits for the area and help improve air quality in the region by eliminating the production of greenhouse gas emissions known to effect climate change.
Concerning the delegation letter, Laidlaw Energy President and CEO Michael B. Bartoszek stated, "We are exceptionally gratified by the articulate and visionary support of this truly bipartisan group of congressional leaders. From Buffalo to Brooklyn, from the Adirondack North Country to the Allegany Mountains, all the way to the tip of Long Island, their message is clear and we at Laidlaw Energy are excited and inspired that our leadership understands so well the value of New York's homegrown, renewable and environmentally friendly woody biomass energy resource from New York's forest and farm communities. We sincerely appreciate and applaud the efforts of Congressman Kuhl, Congressman McHugh, Senator Schumer and the entire bipartisan coalition."
About Laidlaw Energy Group - Cleaner Energy For a Greener Future
Laidlaw Energy Group (LLEG) is engaged in the development of independent power plants that generate electricity from renewable resources. LLEG's mission is to build and manage a profitable portfolio of renewable energy facilities through the development of new facilities and acquisition of existing facilities. LLEG is headquartered in New York, New York. For more information on LLEG, please visit our websites at www.NYENRG.com and www.greenenergyfacts.com.
This communication contains statements expressing expectations of future events and/or results which may include, without limitation, statements concerning anticipated financial performance, business prospects, technological developments, potential markets, new products, research and development activities and similar matters. Such statements constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. All statements based on future expectations rather than historical facts are forward-looking statements that involve a number of risks and uncertainties, and LLEG cannot provide assurance that such statements will prove to be correct. LLEG undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Golden Star Announces Sales of Shares of EURO Ressources S.A. for Proceeds of Approximately $30 Million
Thursday December 21, 9:14 am ET
DENVER--(BUSINESS WIRE)--Golden Star Resources Ltd. (AMEX:GSS - News; TSX:GSC - News) today announced that over the last three weeks it has sold approximately eighteen million common shares of EURO Ressources S.A. ("EURO") in a series of public and private transactions, resulting in the reduction of Golden Star's ownership interest in EURO to approximately three million EURO shares or approximately 6% of its outstanding equity. Net proceeds of the divestment totaled approximately $30 million.
As previously announced, these sales of EURO shares are in line with the goals and objectives originally envisaged in the restructuring of EURO (formerly named Guyanor Ressources S.A.) initiated in August 2004. Guyanor was restructured into EURO with a new business model primarily focused on the acquisition and holding of mining royalties. The goal of the restructuring plan was to establish EURO as an independent and economically viable entity that would not be dependent on Golden Star for funding and that would concurrently bring value to Golden Star's investment.
In addition to the remaining approximate 6% shareholding in EURO, Golden Star holds a $3.5 million receivable from EURO and a residual participation right payable by EURO, based on gold production from IAMGold's Gross Rosebel Mine. In addition, Golden Star holds an option to joint venture the Paul Isnard Project in French Guiana with EURO.
Company Profile
Golden Star holds a 90% equity interest in the Bogoso/Prestea and Wassa open-pit gold mines in Ghana. In addition, Golden Star has an 81% interest in the currently inactive Prestea Underground mine in Ghana, as well as gold exploration interests elsewhere in Ghana, in other parts of West Africa and in the Guiana Shield of South America.
Statements Regarding Forward-Looking Information: Some statements contained in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. Such statements include comments regarding the $3.5 million receivable and the royalty on Gross Rosebel gold production, both payable by EURO. Factors that may cause future results or events to differ materially are adverse changes to the financial condition of EURO, the inability or failure of EURO to pay to Golden Star the receivable or the royalty, the failure of Gross Rosebel to produce gold with respect to which a royalty payment is due to EURO and the failure of IAMGold to pay royalties on Gross Rosebel production to EURO. There can be no assurance that future developments affecting the Company will be those anticipated by management. Please refer to the discussion of risk factors in our Form 10-K for 2005.
Contact:
GOLDEN STAR RESOURCES LTD.
Peter Bradford, +1-800-553-8436
President and CEO
or
Bruce Higson-Smith, +1-800-553-8436
Vice President Corporate Development
or
Anne Hite, +1-800-553-8436
Investor Relations Manager
--------------------------------------------------------------------------------
Source: Golden Star Resources Ltd.
PayChest (PYCT)Releases Products
Look for product releases and Web enhancements through the day.
A formal press release will cross the market wires shortly today.
Pre Launch News : for PYCT!!
PayChest confirms it is ready to launch its suite of solutions. These solutions include online financial payment services for individuals, organizations and businesses alike.
To advance these Services, PayChest relies on relationships with the banking community including Bank of America, Wells Fargo, CitiGroup, First Premier Bank and BanXCard.
PGDP--Paramount Gold Extends Zone 800 Meters with 213 g/t Silver across 13.8 Meters and 133.4 g/t Silver across 44.85 Meters at Their San Miguel Project, Mexico
Thursday December 14, 7:00 am ET
CHIHUAHUA, Mexico--(BUSINESS WIRE)--Paramount Gold Mining Corp. (OTC:PGDP - News; Frankfurt:P6G - News; WKN:A0HGKQ), is pleased to release the most recently reported assays from its ongoing drill program at the San Miguel Project near Temoris, Chihuahua, Mexico. The following results are the first nine drill holes completed in the San Antonio area that is just north of the San Luis zone. The nine drill holes at San Antonio are step outs to the north and extend the drill tested zone approximately 800 meters in that direction.
These are the first drill holes north of the San Luis zone where discovery hole (SL-02, 4.0 meters of 35.5 g/t gold and 17.0 g/t silver) was reported August 2nd 2006 and represent an important discovery of a northerly continuation of the silver/gold zone identified on surface.
Drill hole SA-01 hit three separate intersects of high grade silver, 1.15 meters (28.60 to 29.75) of 346.0 g/t silver and 0.44% zinc, 0.90 meters (36.50 to 37.40) of 643.0 g/t silver and 25.8 meters (47.65 to 73.45) of 194 g/t silver. The three intersects averaged 133.4 g/t silver across 44.85 meters (28.60 to 73.45). SA-05 intersected 13.8 meters (19.8 to 33.6) of 213 g/t silver. Drill hole SA-08 and SA-09 are the furthest step outs to the north thus far, approximately 800 meters north of SL-07 (5.2M of 38.7 g/t silver) and SL-06 (9.0M of 161.4 g/t silver), the two most northerly drill holes in the San Luis area. The best intersect reported at drill hole SA-07 was 2.3 meters of 123 g/t silver with 0.33% lead and 0.48% zinc. SA-08 had 3 significant intersects, the best was 2.5 meters of 212 g/t silver, 0.34% lead and 0.44% zinc.
Bill Reed, Manager of Exploration for Mexico, said, "Six of the nine drill holes at San Antonio have good intersects where we have continued drilling four additional holes and are stepping out farther to the north. More importantly, this has extended the total strike length about 800 meters to the north. Our drill and trench results at La Union, San Jose, San Luis and San Antonio, have now identified a continuous mineralized zone over a considerable length of approximately 3.2 kilometers (3,200 meters) and it remains open in all directions."
San Antonio Zone Highlights
SA-01 cut 44.85 meters from 28.6 to 73.45 meters averaging 133.4 g/t
silver including:
1.15 meters from 28.6 to 29.75 meters of 346.0 g/t silver and
0.44% zinc, and 0.90 meters from 36.50 to 37.40 meters of 643.0
g/t silver, and 25.8 meters from 47.65 to 73.45 meters of 194
g/t silver
SA-03 cut 3.5 meters from 48.5 to 52.0 meters of 135.0 g/t silver with
0.16% zinc
SA-05 cut 13.8 meters from 19.8 to 33.6 meters of 213 g/t silver with
0.20% zinc
SA-07 cut 2.3 meters from 93.7 to 96.0 meters of 123 g/t silver with
0.33% lead and 0.48% zinc and 4.8 meters form 86.7 to 91.5
meters of 78 g/t silver with 0.30% lead and 0.53% zinc
SA-08 cut 2.5 meters from 14.0 to 16.5 meters of 212 g/t silver with
0.34% lead and 0.44% zinc and 12.8 meters from 66.5 to 79.3
meters of 84 g/t silver with 0.38% lead and 0.78% zinc and 5.1
meters from 91.2 to 96.3 meters of 107 g/t silver with 0.35%
lead and 0.90% zinc
SA-09 cut 6.1 meters from 21.6 to 27.7 meters of 149 g/t silver with
0.20% lead and 0.28% zinc and 10.1 meters from 40.9 to 51.0
meters of 94 g/t silver with 0.18% lead and 0.28% zinc and 5.7
meters from 93.2 to 98.9 meters of 152 g/t silver with 0.32%
lead and 0.69% zinc
Drill Hole Locations
A drill hole and trench location map can be found at Paramount's web site www.paramountgold.com.
SA-05 is a step out of approximately 330 meters to the north of SL-06 (9.0M of 161.4 g/t silver) - see Oct 12, 2006 news release
SA-03 steps out a further 105 meters north of SA-05
SA-01 steps out a further 225 meters north of SA-05
SA-07 and SA-08 are approx. 600 meters north of SA-05 and are the northern most holes thus far
SA-09 is about 75 meters south of SA-08
SA-06 is about 35 meters west of SA-03
SA-04 is about 80 meters east of SA-03
SA-02 is about 120 meters north-northeast of SA-01
Quality Control Person
Paramount takes detail photos of the entire core before it is cut to half core which is assayed at ALS Chemex's Vancouver laboratory. As part of quality assurance, quality control (QAQC), a blank (sterile) sample is submitted every 20th sample. Later, pulps from a number of intervals will be renumbered and pulps from known standards will be inserted between them in numerical order. These will then be submitted for reanalysis. The results will then be compared to the original values reported, and the known values of the inserted standards. Half-core samples have been retained on site for verification and reference purposes.
C.W. (Bill) Reed, B. Sc. Mineralogy, is acting as qualified person and has prepared the detail and review with respect to this news release.
Drill From To Width Gold Silver Gold Lead Zinc
Hole (m) (m) (m) (g/t) (g/t) Equivalent (%) (%)
----------------------------------------------------------------------
----------------------------------------------------------------------
SA-01 28.60 29.75 1.15 0.00 346.00 5.77 0.23 0.44
----------------------------------------------------------------------
36.50 37.40 0.90 0.00 643.00 10.72 0.08 0.12
----------------------------------------------------------------------
47.65 73.45 25.80 0.00 194.00 3.23 0.05 0.11
----------------------------------------------------------------------
73.45 74.90 1.45 0.00 34.00 0.57 0.02 0.14
----------------------------------------------------------------------
79.40 92.40 13.00 0.00 30.00 0.50 0.18 0.29
----------------------------------------------------------------------
94.40 97.40 3.00 0.00 30.00 0.50 0.06 0.16
----------------------------------------------------------------------
104.00 106.00 2.00 0.00 79.00 1.31 0.26 0.24
----------------------------------------------------------------------
Average 28.60 73.45 44.85 0.00 133.37 2.22 0.04 0.08
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 02 0.00 10.40 10.40 0.00 15.00 0.25 0.07 0.25
----------------------------------------------------------------------
36.00 49.80 13.80 0.00 11.00 0.18 0.05 0.20
----------------------------------------------------------------------
49.80 72.50 22.70 0.00 34.00 0.57 0.17 0.46
----------------------------------------------------------------------
72.50 74.80 2.30 0.00 22.00 0.37 0.21 0.51
----------------------------------------------------------------------
81.00 86.00 5.00 0.00 16.00 0.27 0.16 0.38
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 03 15.60 18.45 2.85 0.00 23.00 0.39 0.07 0.23
----------------------------------------------------------------------
36.00 41.80 5.80 0.00 29.00 0.48 0.06 0.14
----------------------------------------------------------------------
48.50 52.00 3.50 0.03 135.00 2.27 0.03 0.16
----------------------------------------------------------------------
58.00 68.80 10.80 0.00 11.00 0.18 0.02 0.15
----------------------------------------------------------------------
71.60 75.20 3.60 0.01 37.00 0.62 0.04 0.15
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 04 0.00 10.50 10.50 0.00 21.00 0.34 0.02 0.08
----------------------------------------------------------------------
39.50 45.50 6.00 0.00 21.00 0.34 0.04 0.13
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 05 7.20 19.80 12.60 0.00 15.00 0.25 0.03 0.11
----------------------------------------------------------------------
19.80 33.60 13.80 0.01 213.00 3.56 0.09 0.20
----------------------------------------------------------------------
33.60 40.60 7.00 0.01 15.00 0.25 0.08 0.20
----------------------------------------------------------------------
52.50 67.80 15.30 0.00 48.00 0.79 0.10 0.48
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 06 34.00 42.70 8.70 0.00 15.00 0.25 0.13 0.32
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 07 31.60 33.60 2.00 0.00 33.00 0.45 0.30 0.25
----------------------------------------------------------------------
86.70 91.50 4.80 0.00 78.00 1.32 0.30 0.53
----------------------------------------------------------------------
93.70 96.00 2.30 0.00 123.00 2.06 0.33 0.48
----------------------------------------------------------------------
118.50 125.90 7.40 0.00 32.00 0.53 0.14 0.43
----------------------------------------------------------------------
154.30 157.70 3.40 0.00 46.00 0.77 0.09 0.21
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 08 14.00 16.50 2.50 0.00 212.00 3.54 0.34 0.44
----------------------------------------------------------------------
16.50 27.20 10.70 0.00 16.00 0.26 0.09 0.21
----------------------------------------------------------------------
60.50 66.50 6.00 0.00 12.00 0.20 0.08 0.26
----------------------------------------------------------------------
66.50 79.30 12.80 0.00 84.00 1.41 0.38 0.78
----------------------------------------------------------------------
79.30 91.20 11.90 0.00 16.00 0.27 0.40 0.27
----------------------------------------------------------------------
91.20 96.30 5.10 0.00 107.00 1.78 0.35 0.90
----------------------------------------------------------------------
96.30 105.80 9.50 0.00 27.00 0.45 0.50 0.45
----------------------------------------------------------------------
146.00 160.50 14.50 0.00 33.00 0.55 0.09 0.24
----------------------------------------------------------------------
160.50 166.00 5.50 0.00 18.00 0.31 0.03 0.10
----------------------------------------------------------------------
Average 66.50 96.30 29.80 0.00 61.00 1.01 0.29 0.65
----------------------------------------------------------------------
----------------------------------------------------------------------
SA - 09 0.00 21.60 21.60 0.00 11.00 0.19 0.05 0.16
----------------------------------------------------------------------
21.60 27.70 6.10 0.00 149.00 2.49 0.20 0.28
----------------------------------------------------------------------
27.70 40.90 13.20 0.00 24.00 0.40 0.10 0.19
----------------------------------------------------------------------
40.90 51.00 10.10 0.00 94.00 1.57 0.18 0.28
----------------------------------------------------------------------
51.00 61.00 10.00 0.00 35.00 0.57 0.09 0.24
----------------------------------------------------------------------
93.20 98.90 5.70 0.00 152.00 2.53 0.32 0.69
----------------------------------------------------------------------
102.90 111.00 8.10 0.00 58.00 0.96 0.19 0.34
----------------------------------------------------------------------
Average 21.60 61.00 39.40 0.00 64.00 1.07 0.13 0.24
----------------------------------------------------------------------
----------------------------------------------------------------------
Average 93.20 111.00 17.80 0.00 75.00 1.26 0.21 0.42
----------------------------------------------------------------------
About San Miguel
San Miguel is currently comprised of 16 concessions covering an estimated +7 kms strike of silver and gold mineralization. It is located in Chihuahua, Mexico and lies in the Guazapares mining district, part of the gold-silver belt of the Sierra Madre Occidental. Paramount signed an agreement in August 2005 with Amermin S.A. de CV, a subsidiary of Tara Gold Resources, to acquire a 70% interest in the San Miguel project.
About Paramount Gold
Paramount Gold Mining Corp. is a precious metals exploration and development company. It is management's objective to grow Paramount into a significant gold and precious metals producer by developing the San Miguel and Linda projects in Mexico and Peru, and the Andean Gold Alliance with TeckCominco in South America and by acquiring other advanced-stage projects and/or producing mines in the most prolific precious metal districts in the world. The Company trades on the OTC market under the symbol "PGDP" and on the Frankfurt Exchange under the symbol "P6G". For more information, please visit the Company's web site at: www.paramountgold.com (now available in the following languages: English, German, French, Spanish, and Mandarin).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
For Paramount Gold Mining Corp.
Investor Relations, 613-226-9881
Toll-free: 866-481-2233
PAYD--Paid Inc. and International Security Inc. Partner to Market Mixed Martial Arts VIP Ticket Packages, Camps and Merchandise
Thursday December 14, 9:00 am ET
First VIP Packages on sale 12/14/06 for Gracie Fighting Championships in Miami, Jan. 20
WORCESTER, Mass. & MIAMI--(BUSINESS WIRE)--Paid, Inc. (OTCBB: PAYD - News), International Security Inc. (ISI) and ISI's wholly owned subsidiary Mixed Martial Arts International, LLC (MMAI) have signed a partnership agreement for Paid, Inc. celebrity services to provide VIP ticket packages and merchandising for a broad range of mixed martial arts (MMA) events worldwide, manage the VIPFightFans.com membership club and market a series of combat adventure and training camps. Through the partnership, Paid and MMAI anticipate providing their services to multiple MMA event promoters and sanctioning bodies. Paid will provide the web site design and management for all partnership projects.
Maurice Travis, Light Heavyweight Muay Thai World Champion, MMA International Champion and co-founder of MMAI, said, "Mixed martial arts is a hugely popular sport that attracts millions of people worldwide and is growing quickly in the U.S. Working with Paid celebrity services, we believe that we are one of the first entities affiliated with MMA events to provide complete VIP ticket packages direct to the public. Through these packages, fans will have the opportunity to meet the fighters and join in the official post-event VIP party. We see huge potential in marketing VIPFightFan packages, merchandise and combat adventure and training camps to millions of fans and adventure seekers."
Paid and MMAI on Thursday, December 14, 2006 at 10 a.m. EST will launch sales for the first VIPFightFan ticket packages on Ticketmaster.com for the Gracie Fighting Championships (GFC) event (A Gracie-Cooper Sports LLC event) on Saturday, January 20th at Miami, Florida's American Airlines Arena. The scheduled bouts will feature top fighters from around the world:
Title Bout: Fan favorite Nick Diaz (14-6-0) and Thomas "Wildman" Denny (22-14-0) battle for the new GFC Welterweight Championship.
Two members of the recently departed Carlson Gracie team, Ivan "Batman" Jorge (5-0) and Miguel Torres (29-1-0), will face the new ICON Sport middleweight champion Frank Trigg (14-5-0) and Charlie Valencia (7-2-0) in respective bouts.
Popular Brazilian jiu-jitsu world champion Ronaldo "Jacare" Souza Dos Santos (3-1-0) makes his North American debut against Jorge "Macaco" Patino (14-9-1).
Renato "Charuto" Verissimo (6-4-0) vs. Rumble on the Rock Welterweight Champion Jake Shields (16-4-1).
Veteran fighter Mario Sperry (12-4-0) battles Wes "The Project" Sims (16-8-1), who recently defeated the powerhouse fighter "Kimo."
Rhalan Gracie (0-1-0), the son of Relson Gracie, returns from his debut loss to a seasoned fighter to take on Andrew Mathews in Mathews' first professional fight.
Chris "The Westside Strangler" Brennan (18-12-1) challenges Rafael Dias (6-1-0).
Plus four undercard bouts.
The VIPFightFan experience will be hosted by MMA Champion Maurice Travis himself, who will provide unique behind-the-scenes insight known only to fighters. The VIPFightFan ticket packages will be available from TICKETMASTER (www.Ticketmaster.com) and include:
A premium Octagon-side ticket;
A pass to the official post-fight VIP party;
Photo opportunities with fighters and near the pit;
A Meet & Greet with MMA fighters BEFORE the fight;
An early admission tour of the venue to see firsthand what goes on before, during and after the fight;
Merchandise grab bag with an official Gracie Fight t-shirt, VIP credentials and more;
A complimentary VIPFightFan membership.
Further details on the VIP Fan Experience packages are online at www.ticketmaster.com.
Mixed martial arts fans will have the inside track on the industry with a "must-have" VIPFightFan Membership (Free with purchase of any VIPFightFan ticket from Ticketmaster). Membership includes:
Updates, news, event schedules and access to MMA VIP ticket packages on the soon-to-be-launched www.VIPFightFans.com web site;
Online Q&A with MMA International Champion Maurice Travis, who grew up and trained with numerous members of the Gracie family, has starred in numerous MMA movies and television shows and is one of the most decorated mixed martial artists in American history.
Giveaways and contests
Message board
Presale opportunities for future VIPFightFan ticket packages
10% off merchandise and VIP ticket packages at VIPFightFans.com
In the coming weeks, Paid will be building out the www.vipfightfans.com web site to include sale of VIP ticket packages, merchandise and Combat Adventure Fantasy and Training Camps. Paid and ISI anticipate starting with a small number of events in first quarter 2007 and building the program to include numerous North American and international events year round.
MMA events were started in 1992 by Rorian Gracie and are generally eight-man single-elimination contests inside an octagon cage featuring a combination of fighting styles, such as karate, Muay Thai, Jiu-Jitsu, boxing, wrestling, kickboxing and judo. Live events draw 5,000 to as many as 70,000 attendees, who often pay hundreds and even thousands of dollars for premium tickets, with millions more tuning in via TV and pay per view.
ISI's Combat Adventure Fantasy Camps bring together 10-25 participants for 3-7 days in boot camp-like environments worldwide to be trained by martial arts and military experts (active and retired U.S. Marines, Navy Seals and Special Forces) and law enforcement SWAT team members in close quarter combat; weaponry; rappelling from helicopters and fixed structures; sniper tactics; jungle, urban and guerilla warfare; and infantry tactics. Trainees apply military and law enforcement strategies to resolve hostage or terrorism situations amid hostile military forces and live ammo fire. Other ISI Training Camps focus on developing leadership and team-building skills by transferring military/battlefield strategies into Fortune 500 boardrooms. The nation's premier business schools utilize ISI's leadership training for their MBA candidates.
"Mixed martial arts is taking the entertainment industry by storm as indicated by the extensive national newspaper and television feature coverage over the past week," said Kristen Kuliga, VP of Paid celebrity services. "The avid fan base pulling from a broad demographic range has turned to mixed martial arts for an extra level of excitement. We believe the fans will embrace our VIPFightFan packages that offer exclusive entree to cage-side seating and VIP after-parties that have traditionally been reserved for event participants, celebrities and insiders."
She added, "We're thrilled to introduce a new product to this exploding sport. This marks yet another area of expansion to the breadth of entertainment and sporting areas that Paid Inc. services and has the advantage of being a year round sport with recurring events. ISI, and in particular, Maurice Travis' experience as a MMA champion, are invaluable resources on the sport, its fans and the event promoters, and provide the perfect complement to our extensive VIP ticket packaging, marketing and merchandising expertise."
A flurry of national media coverage over the past week showcased mixed martial arts' explosive growth. A USA Today feature on 12/4/06 noted, "Signs of (mixed martial arts) success include the fact that UFC's Spike TV reality show, The Ultimate Fighter, often outdraws NBA and baseball games among the coveted 18- to 34-year-old male demographic. Its pay-per-view bouts are estimated to pull in eight figures, and ufc.com has doubled its traffic, to 2 million unique visitors a month, in the past year." It continued, "Beyond the surprising abundance of women, there's also a range of races (only African-Americans seem in short supply), professions (from shelf stockers to stock brokers) and ages." Link to story: www.usatoday.com/life/people/2006-12-04-ultimate-fighting_x.htm
Links to recent media features:
60 Minutes and Yahoo Featured News: "A New Kind of Fight" http://60minutes.yahoo.com/segment/25/fight_club, featuring Renzo Gracie
San Francisco Chronicle: "Fighting Outside the Box"
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/11/26/UFC.TMP
About International Security Inc.
Privately held International Security Inc. specializes in all aspects of total security solutions domestically and internationally for architectural structures, armored vehicles, security consulting, investigations, executive protection, close quarter combat and counter terrorism training and leadership/team building training. ISI's staff of professional mixed martial arts fighters, active and former military and law enforcement experts conduct training adventure camps and leadership/team building camps as well as organize and host VIP experiences at mixed martial arts events. ISI has formed a subsidiary, Mixed Martial Arts International, LLC to manage its partnership with Paid, Inc. For more info on ISI and Maurice Travis, visit www.intlsecurity.com and www.mauricetravis.com
About the Gracie Fighting Championships
The Gracie Fighting Championships (GFC) is a mixed martial arts organization whose goal is to create a tradition of excellence in the sport by bringing together superior match ups where athletes can demonstrate their skills. The GFC will continue in the competitive spirit of the legendary Gracie family. The GFC is based out of Columbus, Ohio and additional information on the company can be found at www.gfcfighter.com
About Paid, Inc.
Paid, Inc.'s celebrity services provides celebrities with official Web sites and fan club services that include e-commerce storefronts, ticketing and fan experience packages, and Web site content, such as news, polls, message boards, contests, biographies and custom features to attract tens of thousands of visitors daily, as detailed on its Web site, www.paidcelebrity.com. The Company also sponsors autograph signing events and other sports marketing services for sports clientele. Using proprietary patent-pending technology, Paid's innovative AuctionInc brand shipping calculation and auction management software and services are utilized to streamline online auctions, ecommerce and Web site development and hosting. The Company's common stock trades on the Nasdaq OTC Bulletin Board under the symbol PAYD. For further information, visit www.paid.com.
Forward Looking Statements:
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events, including matters related to the Company's operations and expectations about celebrity programs and fan club activities. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as they are subject to numerous factors and uncertainties. Other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-QSB with the Securities and Exchange Commission.
Contact:
Accentuate PR
Julie Shepherd, 815-479-1833
Julie@paid.com
CBOU--Caribou Coffee to Open in South Korea
Wednesday December 13, 9:53 am ET
Caribou Coffee Will Open at Least 25 Coffee Shops in South Korea, Beginning Early Next Year
MINNEAPOLIS (AP) -- Coffee chain Caribou Coffee Co. on Wednesday said it will open at least 25 coffee shops in South Korea over the next five years through a licensing agreement with E&Z Coffee Co.
Terms of the deal were not disclosed.
The first Caribou Coffee store is expected to open in Seoul during the first quarter of 2007, and up to 50 stores could open over the next 10 years.
Seoul-based E&Z Coffee Co. has also been the South Korean franchisee for T.G.I. Friday's Worldwide and OSI Restaurant Partners Inc.'s Outback Steakhouse restaurants.
"We found a very good group to be partners with," said Caribou Chief Executive Michael J. Coles. "It is an entry into the Asian market which is a very important part of the world and a very strong market for coffee."
Caribou Coffee operates 432 coffee shops in 17 states and Washington, D.C. It also has restaurants in Kuwait and Dubai, United Arab Emirates.
Shares of the company rose 12 cents to $8.75 in morning trading on the Nasdaq.
DKAM Rocking and Rolling
NUVO Alert!
This will be a good Investment for the smaller caps.
Fillied an 8k. Huge Merger Comming.
http://www.marketwatch.com/tools/quotes/quotes.asp?symb=NUVO
***ISCR***Alert****Q4 is rumored to have over 15 million in revenues!
Fed stays on sidelines, leaves rates untouched
Bernanke, colleagues decide they still like benchmark at 5.25 percent.
BREAKING NEWS
MSNBC
Updated: 9 minutes ago
Federal Reserve policymakers Tuesday held their last scheduled meeting of the year and decided to leave short-term interest rates unchanged, saying the economy is likely to expand moderately next year despite a "substantial cooling of the housing market."
It was the fourth straight time Central Bank Chairman Ben Bernanke and his colleagues have met and elected to leave benchmark rates unchanged, with the key overnight lending rate locked at 5.25 percent, where it has stood since June 29.
The overnight rate, also known as the federal funds rate, affects a wide range of consumer and business loans and is used to set the commercial prime rate, among others.
With the U.S. economy clearly slowing, many economists have been asking whether a cut in rates may be needed to revive growth.
But based on recent comments by Fed members, inflation fears still have the upper hand in their discussions. The Fed said Tuesday that central bankers are concerned about pricing pressure but believe inflation will moderate "over time."
Bob McTeer, former president of the Dallas Fed, called the Fed statement "slightly more dovish" than after its last meeting in October because it stressed the "substantial" cooling of the housing market.
But he said the economic outlook was uncertain, meaning that Fed members will focus on inflation "because that's in their job description."
John Silvia, chief economist at Wachovia Corp., said the Fed's emphasis on the latest "mixed" economic indicators suggests the Fed is "not ready to raise rates and more likely to lower rates ahead."
He predicted the Fed will cut rates in March.
After kicking off the year with a sizzling 5.6 percent growth rate in the first quarter, the economy is now growing at less half that rate, due largely to a slowdown in the housing market and a slump in car sales.
The unemployment rate edged up to 4.5 percent last month, the government reported Friday. But employers also added 132,000 jobs in November, according to the government report. That was an improvement from just 79,000 added in October.
And holiday retail sales have generally been strong, although final results of this crucial season will not be known for several weeks. Consumer spending accounts for about 70 percent of U.S. economic activity, so the final two months of the year are key to the economic outlook.
Under former Chairman Alan Greenspan and then Bernanke, the Fed raised rates 17 straight times from June 2003 through June 2005, ratcheting up the overnight rate from a 46-year low of 1 percent to keep a lid on economic growth and inflation.
But the Feed's "pause" after its move more than five months ago has turned into a rate plateau, with analysts divided on whether the Fed will cut rates, raise rates or leave them unchanged next year.
The Fed's policymaking Open Market Committee is scheduled to hold its next meeting Jan. 30 and 31.
Full text of Fed statement
The Federal Open Market Committee decided today to keep its target for the federal funds rate at 5-1/4 percent.
Economic growth has slowed over the course of the year, partly reflecting a substantial cooling of the housing market. Although recent indicators have been mixed, the economy seems likely to expand at a moderate pace on balance over coming quarters.
Readings on core inflation have been elevated, and the high level of resource utilization has the potential to sustain inflation pressures. However, inflation pressures seem likely to moderate over time, reflecting reduced impetus from energy prices, contained inflation expectations, and the cumulative effects of monetary policy actions and other factors restraining aggregate demand.
Nonetheless, the Committee judges that some inflation risks remain. The extent and timing of any additional firming that may be needed to address these risks will depend on the evolution of the outlook for both inflation and economic growth, as implied by incoming information.
Voting for the FMC monetary policy action were: Ben S. Bernanke, Chairman; Timothy F. Geithner, Vice Chairman; Susan S. Byes; Donald L. Kohn; Randall S. Kroszner; Frederic S. Mishkin; Sandra Pianalto; William Poole; Kevin M. Warsh; and Janet L. Yellen. Voting against was Jeffrey M. Lacker, who preferred an increase of 25 basis points in the federal funds rate target at this meeting.
© 2006 MSNBC Interactive
Info Provided by: MSN Business.
Z GSS. For gold pick.
Paramount Gold Strengthens Management Team With 2 Appointments -- COO and Independent Director
Monday December 11, 7:00 am ET
OTTAWA--(BUSINESS WIRE)--Paramount Gold Mining Corp. (OTC: PGDP - News; Frankfurt: P6G, WKN: A0HGKQ) is pleased to announce that Larry Segerstrom has been appointed Chief Operating Officer and Daniel Hachey has been named to the Board of Directors.
Commenting on the appointments, Chris Crupi, President and CFO, stated, "Paramount is committed to building a strong, experienced and results-oriented team of mining professionals as we continue to experience unprecedented growth. Our continuing success at both our San Miguel project in Mexico and our strategic alliance with Teck Cominco in South America has dictated that we strengthen the management team and the additions of both Larry and Daniel adds incredibly to that objective."
Mr. Segerstrom has over 25 years of experience in the mining industry including 19 years in exploration and 10 years in management. Born and raised in Latin America, Larry is bilingual and has worked 10 years in the region, mainly in Mexico and Chile. Previous assignments include Manager of Geologic Services Group for Freeport-McMoRan from 1999 to 2003, where he managed all onsite geologic activities in the world-class Grasberg Mining District in Indonesia, including open pit and underground mine geology and district exploration. He was general manager of Layne Christensen drilling company's highly successful Mexican subsidiary from 1993-1999.
As a geologist for Newmont, Noranda and Phelps Dodge from 1976-1993, Larry conducted greenfield and brownfield exploration, evaluation and development in diverse geologic settings in western U.S., Mexico and Chile, including epithermal precious metal (low and high sulfidation), mesothermal shear-hosted gold, iron oxide copper-gold, polymetallic replacement, copper porphyry/skarn and porphyry molybdenum.
Mr. Segerstrom has a B.S. (Geology) from Colorado State University, an M.S. (Geology) from University of Arizona, and an M.B.A. from Thunderbird, The Garvin School of International Management (2005). He is a Fellow of the Society of Economic Geologists and is certified as a Project Management Professional by the Project Management Institute.
Mr. Hachey has a strong investment banking background with over twenty years of experience in the capital markets, largely in the area of public equity financings, Initial Public Offerings (IPOs) and private placements. Mr. Hachey has also been active in the area of mergers and acquisitions, fairness opinions and other advisory work. Currently, Mr. Hachey is President and CEO of Greenwich Global Capital Inc., a public capital pool company listed on the TSX-V. In addition, Mr. Hachey has held Board of Directors' positions with both public (NASDAQ, TSX and TSX-V) and private companies.
Mr. Hachey has held senior investment banking positions with a number of firms and has worked in Toronto, New York and Montreal. Dan also held the title of President & CEO of a public mining company listed on the TSX-V.
Notable financings that Mr. Hachey has been a factor in include Glamis Gold (recently purchased by Goldcorp), Canico Resource (recently purchased by CVRD), Research in Motion, JDS Fitel (now JDS Uniphase), Alliance Communications (now Alliance Atlantis), as well as many other companies in various industries including mining, oil & gas, forest products, manufacturing and technology.
Mr. Hachey graduated from McGill University with a MBA degree in Finance. Prior to that he was enrolled in a Master of Science program at Universite de Montreal after earning his Bachelor of Science degree from Concordia University.
About Paramount Gold
Paramount Gold Mining Corp. is a precious metals exploration and development company. It is management's objective to grow Paramount into a significant gold and precious metals producer by developing the San Miguel and Linda projects in Mexico and Peru, and the Andean Gold Alliance with TeckCominco in South America and by acquiring other advanced-stage projects and/or producing mines in the most prolific precious metal districts in the world. The Company trades on the OTC market under the symbol "PGDP" and on the Frankfurt Exchange under the symbol "P6G". For more information, please visit the Company's web site at: www.paramountgold.com (now available in the following languages: English, German, French, Spanish, and Mandarin).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
for Paramount Gold Mining Corp.
Investor Relations Contact:
Skyline Communications, 613-226-9881
Toll-free: 1-866-481-2233
--------------------------------------------------------------------------------
Source: Paramount Gold Mining Corp.
FPPL chart churning if you wait to long you become a chaser.
Hope you guys got in .0005/.0006 > PDSC .0009 x .001 & moving up
IFSL momo coming about to blast off IMO
Paramount Gold Commissions Independent Technical Report to Establish First Gold/Silver Resource at its San Miguel project, Mexico
Wednesday December 6, 7:00 am ET
OTTAWA, Canada--(BUSINESS WIRE)--Paramount Gold Mining Corp. (OTC:PGDP - News; Frankfurt:P6G - News; WKN:A0HGKQ) is pleased to announce that full trading has commenced on the NASDAQ OTC BB following a 30-day quiet period which expired November 27th.
Paramount Gold is also pleased to announce that it has retained the services of Dana Durgin of Delve Consultants to complete a National Instrument 43-101 technical report on the San Miguel Project near Temoris, Chihuahua, Mexico.
The technical report will include a review of exploration work carried out by Paramount during 2006 and a compilation of these results. It will also include a preliminary estimate of the inferred gold and silver resources developed to date. Thus far in 2006 Paramount has completed more than 7000 meters of diamond drilling in approximately 45 core holes and 1100 meters of trenching. Drilling, trenching and geologic mapping are ongoing. The technical report will also review historical data and Paramount's mapping and surface sampling within the project boundaries to evaluate further potential drill targets as well as areas where follow up and in fill drilling will be required to upgrade and expand silver and gold resources.
Dana Durgin is a geologist with the requisite accreditation to complete National Instrument 43-101 technical reports. Mr. Durgin has been involved in mineral exploration and project development in the US, Canada and Mexico for 35 years, including his position as Chief Geologist, Mexico for Hecla Mining Company (HL: NYSE).
Paramount CEO, Chris Crupi stated: "We are initiating the 43-101 technical report to quantify and evaluate our exploration program at San Miguel and to gain a better understanding of how to direct our future exploration work to unlock the great potential of this property as efficiently and effectively as possible."
At the San Miguel project, Paramount has identified strong silver and gold mineralization along at least 6 kilometers of strike length, however only 2.4 kilometers of this has been explored thus far through an ongoing drill program. The project also includes the San Luis mine where production averaged about 12 g/t gold, 350 g/t silver, and 10% lead per tonne, before the mine closed in 1963 due to a water flood from surface and low metal prices. Unknown quantities of high grade ore remain in the mine. Its excellent potential has been confirmed by a channel sample from a crosscut on the 300 level that assayed 85.2 g/t gold and 339 g/t silver across 15 meters and by drill hole SL-02 that intersected 4.0 meters of 35.5 g/t gold and 17.0 g/t silver below this level.
Paramount's ongoing drill program has intersected potentially economic grades of gold, silver, lead and zinc mineralization in 30 of the last 33 drill holes reported to date.
Highlights include:
SJ-01, 5.0 meters of 0.0 g/t gold and 263.6 g/t silver
SL-02, 4.0 meters of 35.5 g/t gold and 17.0 g/t silver
SJ-03, 5.0 meters of 0.1 g/t gold and 873.6 g/t silver
SJ-04, 6.5 meters of 0.0 g/t gold and 552.9 g/t silver
SJ-05, 19.7 meters of 0.0 g/t gold and 263.0 g/t silver
SJ-06, 6.6 meters of 0.0 g/t gold and 354.0 g/t silver
LU-01, 16.4 meters of 0.7 g/t gold and 225.0 g/t silver with 0.85%
lead and 0.83% zinc
LU-02, 17.6 meters of 1.6 g/t gold and 279.0 g/t silver with 0.26%
zinc
LU-09, 105.4 meters of 0.26 g/t gold and 28.0 g/t silver with 0.52%
lead and 1.45% zinc
LU-11, 101.5 meters of 0.08 g/t gold and 13.5 g/t silver with 0.66%
lead and 1.93% zinc
Trench highlights
ZSA-04 18.6 meters of 0.0 g/t gold and 198.5 g/t silver
ZSA-05 17.1 meters of 0.0 g/t gold and 180 g/t silver
ZSA-06 5.6 meters of 0.0 g/t gold and 597.0 g/t silver
ZLU-01 66.0 meters of 0.03 g/t gold and 105.0 g/t silver
About Paramount Gold
Paramount Gold Mining Corp. is a precious metals exploration and development company. It is management's objective to grow Paramount into a significant gold and precious metals producer by developing the San Miguel and Linda projects in Mexico and Peru, and the Andean Gold Alliance with TeckCominco in South America and by acquiring other advanced-stage projects and/or producing mines in the most prolific precious metal districts in the world. The Company trades on the OTC market under the symbol "PGDP" and on the Frankfurt Exchange under the symbol "P6G". For more information, please visit the Company's web site at: www.paramountgold.com (now available in the following languages: English, German, French, Spanish, and Mandarin).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact:
Investor Relations Contact:
Skyline Communications, 613-226-9881
Toll-free: 1-866-481-2233
--------------------------------------------------------------------------------
Source: Paramount Gold Mining Corp.
zero - I followed you over here from MOMO's board - what do you think about TIXC for a long-term play?
TIA
IceWEB CEO Featured in Exclusive Interview With WallSt.net
Tuesday December 5, 7:00 am ET
NEW YORK, Dec. 5 /PRNewswire/ -- On November 30, John Signorello, Chief Executive Officer for IceWEB, Inc. (OTC Bulletin Board: IWEB - News) updated the investment community in an exclusive interview with www.wallst.net . Topics covered in the interview include an overview of the Company and the markets it serves, recent press releases, current capitalization, upcoming strategic and financial milestones.
To hear the interview in its entirety, visit www.wallst.net , and click on "Interviews." Interviews require free registration, and can be accessed either by locating the respective company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the respective company's ticker symbol in the Search Archive window.
About IceWEB, Inc.:
IceWEB, Inc. utilizes a hosted software services model that brings technologies normally reserved for large corporations to the small business customer. Small businesses can now have the benefits of these more advanced software systems for a low monthly subscription price instead of large up- front capital expenses. IceWEB also provides network infrastructure solutions services to our enterprise and Government customers with a specific focus on network security, authentication, and PKI encryption systems. Founded in 2000, IceWEB is headquartered in Herndon, VA, and serves customers in the public and private sectors. For more information, please visit http://www.IceWEB.com or http://www.IceMAIL.com .
About WallSt.net:
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The website is a leading provider of financial news, media, tools and community-driven applications for investors. www.wallst.net offers visitors free membership to its in-depth executive interviews, exclusive editorial content, breaking news, and several proprietary applications. In addition to its website, WallStreet Direct organizes investor conferences, publishes a newspaper, and provides multimedia advertising solutions to small and mid-sized publicly traded companies. We are expecting to receive two hundred eighty dollars from IceWEB, Inc. for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp .
(Logo: http://www.newscom.com/cgi-bin/prnh/20050927/LATU121LOGO )
--------------------------------------------------------------------------------
Source: WallStreet Direct, Inc.
LOGC => loaded some Friday and a bunch more today... takes a couple of days for word to get out on these undiscovered kind of plays after great earnings. Could easily see $5+ by years end IMO.
watch PYCT!!! monday morning
PayChest Announces Products and Services Launch
10:20p ET December 1, 2006 (Market Wire)
PayChest, Inc. (PINKSHEETS: PYCT) today announced the launch of its online payment gateway products: PayChest ACHnet, PayChest E-Check, PayChest RD21 and PayChest Credit Card Processing.
Through multiple agreements with regional banks, card processors and payment technology integrators, PayChest can now deliver a true e-commerce solution to online merchants and simultaneously provide a fully integrated electronic payment gateway.
The PayChest electronic suite of payment products enhances PayChest's commitment to delivering electronic merchant and consumer payment solutions.
In addition, PayChest will offer a turnkey online solution for prospective e-commerce business, comprising the setup of a website, an e-commerce shopping cart, web hosting, email server solutions, and merchant services.
This bundled package will be offered at an affordable rate and is expected to attract a range of online business from home based to larger business.
PayChest RD21 offers a remote depositing solution suitable for kiosks, check cashers and business with remote deposit needs. The PayChest ACHnet allows online money transfer between business and consumers nationwide via the federal ACH network.
These online services will be restricted to the United States until further notice. The credit card processing services will be provided globally. PayChest will launch these services on December 20th, 2006.
PayChest's CEO, Mr. Lawson Pillay, stated, "I am pleased with the progress achieved to date. These services mark the beginning of a solid foundation for PayChest's valuation and future growth."
CONTACT: Investor Relations info@paychest.com
SOURCE: PayChest, Inc.
mailto:info@paychest.com
LOGC--Great day Great earnings!....LOGC can see over $5.00 by years end! LOGC trades on the big boards and Wall-Street loves Growth....keep your shares and let it ride.
LOGC--Nice call Z! Thanks for everything that you do to help novice investors! i made a killing thus far on LOGC. Holding for more Monday!
They just had news.
Coke and Caribou to sell iced coffees
Thursday November 30, 3:02 pm ET
ATLANTA (Reuters) - Coca-Cola Co. (NYSE:KO - News) said on Thursday it will link up with Caribou Coffee Co. Inc. (NASDAQ:CBOU - News) to sell a line of ready-to-drink iced coffees in the United States next summer, moving into a category that is currently dominated by rival PepsiCo Inc. (NYSE:PEP - News) in North America.
Caribou is the No. 2 U.S. specialty coffee company behind Starbucks Corp. (NASDAQ:SBUX - News). Starbucks has been selling bottled coffee drinks for years in a partnership with PepsiCo. Caribou's shares rose nearly 13 percent in afternoon trading.
Coca-Cola said the Caribou agreement marked the sixth product initiative launched by its North American unit in the coffee, tea and "indulgent beverage" category. Coke and PepsiCo are branching out into noncarbonated drinks as consumers move away from sugary sodas.
Coke spokesman Ray Crockett said the world's largest soft-drink maker had a big presence in ready-to-drink coffee internationally, selling such beverages in countries such as Japan, Thailand and India.
"The ready-to-drink coffee business in the U.S. is still very small but growing," said John Sicher, editor of industry newsletter Beverage Digest. He said products in the PepsiCo-Starbucks partnership dominate this segment with a 90 percent share.
This year, Atlanta-based Coca-Cola launched a chocolate-coffee drink in the United States called Godiva Belgian Blends under a partnership with Godiva Chocolatier.
"Between Godiva and Caribou, Coke is planting its flag in this category," said Sicher.
Caribou Coffee, based in Minneapolis, has coffee cafes in 17 states, mainly in the upper Midwest, Mid-Atlantic and Georgia. It also sells products to grocery stores and other commercial customers.
With the Coke deal, "the Caribou brand has the potential to be introduced to customers in markets that it isn't currently in with retail stores," said Jennifer Milan, vice president of equity research at Ryan Beck & Co.
"This could be the tip of the iceberg in terms of the opportunity that it could open up" for branded products, she added.
Coca-Cola shares were up 18 cents to $46.82 on the New York Stock Exchange, while Caribou shares were up $1.03 to $9.00 on Nasdaq.
Paid Inc. Reports Third Quarter 2006 Results and Business Update: Revenue Increases 204% over 2005
Wednesday November 15, 9:05 am ET
WORCESTER, Mass.--(BUSINESS WIRE)--Paid, Inc. (OTCBB:PAYD - News) today announced results for the third quarter and nine-months ended September 30, 2006. Revenue for the third quarter of 2006 was $1.5 million, an increase of 204% compared to revenue of $492,000 for the same period in 2005. Revenue for the nine months ended September 30, 2005 was $4.9 million, compared to revenue of $2.0 million for the same period 2006, an increase of 147%.
"We were pleased with our revenue growth that is due to the continued growth of our celebrity services business," said Greg Rotman, Paid CEO. "With projects already under way, we believe that our revenue will continue to grow in the fourth quarter to make it one of our best quarters to date."
During the third quarter, Paid derived 89% of its revenue from sales of fan club memberships, merchandise, and fan experiences related to tours of performing artists, 8% from sales of the Company's own product and fees from buyers and sellers through the Rotman Auction operations and 3% from sports marketing. Fan experience, Fan club membership and related merchandise sales revenues were $1,338,300. Management anticipates increases from fan club memberships, merchandise, and fan experiences from tours, products and services related to several performing artists during the fourth quarter of 2006.
Paid derived greater revenue related to fan club memberships, merchandise, and fan experiences of $1,185,200, offset by revenue decreases in sports marketing services of $4,600 and sales of Company owned product of approximately $169,500 compared to the same period in 2005. Gross profit from Company owned product sales for third quarter 2006 was $71,900, $61,300 more than in 2005. Gross profit margin increased as a result of a management decision during the third quarter of 2005 to liquidate slower moving inventories while in 2006 goods were being sold at more normal margins.
Operating Expenses -- Total operating expenses for the third quarter of 2006 were $1,096,300 compared to $1,108,100 in third quarter 2005, a decrease of $11,800.
Sales, general and administrative ("SG&A") expenses for the third quarter 2006 were $942,900, compared to $969,300 for third quarter 2005. The decrease of $26,400 in SG&A costs includes decreases in depreciation and amortization of $206,500, as certain assets became fully depreciated during 2006 and 2005 and other costs of $43,300, offset by increases in payroll and related costs, professional fees, rents, travel, postage and shipping, and credit card fees totaling $223,400. The travel, credit card commissions and postage and shipping increases are all principally attributable to tours of performing artists.
Interest Expense -- In third quarter 2006, Paid incurred $6,600 of interest charges, a decrease of $73,800 from the comparable 2005 period attributable to settlement of convertible debt during the second quarter of 2006.
Other Expense -- Other expense for third quarter 2006 includes $266,300 of realized and unrealized depreciation in the fair value of call options received in the 2005 settlement.
Net Loss -- Paid realized a net loss for third quarter 2006 of $913,600 compared to a net loss of $1,018,300 for the comparable quarter in 2005. Net profit for the third quarter was less than $.01 per share while the net loss for third quarter 2005 was $.01 per share. The net loss for the nine months ended September 30, 2006 was $1,141,100 compared to a net loss of $2,459,300 for the comparable 2005 period.
Patent Status Update -- In May 2005, Paid received from the U.S. Patent and Trademark Office (USPTO) a verbal notification of allowance. Paid has not received the formal notification of allowance or been granted the patent for Paid's patent application for online shipping calculation processes. Paid and its attorneys at Hunton & Williams, LLP, continue to work with the USPTO to move the patent application forward. Pending receipt of the formal written notice of allowance of the Company's patent application, the Company will pursue a variety of possible revenue streams from its "AuctionInc" platform and patent which hosts a suite of management tools and enhanced shipping calculator solutions for ecommerce enterprises.
Paid's 10-QSB filing is available in its entirety at www.sec.gov.
About Paid, Inc.
Paid, Inc.'s celebrity services provides celebrities and organizations with official Web sites and fan club services that include e-commerce storefronts, ticketing and fan experience packages, and Web site content, such as news, polls, message boards, contests, biographies and custom features to attract tens of thousands of visitors daily, as detailed on its Web site, www.paidcelebrity.com. The Company also sponsors autograph signing events and other sports marketing services for sports clientele. Using proprietary patent-pending technology, Paid's innovative AuctionInc brand shipping calculation and auction management software and services are utilized to streamline online auctions, ecommerce and Web site development and hosting. The Company's common stock is traded on the Nasdaq OTC Bulletin Board under the symbol PAYD. For further information, visit http://www.paid.com.
Forward Looking Statements:
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events, including matters related to the Company's operations and expectations about celebrity programs and fan club activities. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent filings, including Form 10-QSB with the Securities and Exchange Commission.
Contact:
Paid, Inc.
Kristen Kuliga, +1-617-861-4102
or
Accentuate PR
Julie Shepherd, +1-815-479-1833 (Media)
Julie@paid.com
Knobias.com Comments on IceWEB 300% Growth Revenue Projections
Thursday November 30, 1:33 pm ET
HERNDON, Va.--(BUSINESS WIRE)--IceWEB, Inc., www.iceweb.com (OTCBB:IWEB - News), a leading provider of Hosted Microsoft Exchange services, enterprise software and network security infrastructure services, announced today that Knobias.com has published an article commenting on IceWEB's November 29th press release entitled "IceWEB Provides Forward Looking Guidance".
The Knobias.com article is included in its entirety below:
IWEB: Guides for 300% Revenue Growth for FY07
Wednesday, November 29, 2006 14:09ET
By Fain Hughes, fhughes@knobias.com
IceWEB, Inc. (IWEB) announced that it anticipates revenues for the
Fiscal Year 2007 will be approximately $15,000,000, up 300% from the
approximately $5,000,000 in Fiscal Year 2006.
VP of Corporate Development, Gary Dunham, told Knobias on Wednesday,
"We are already seeing significant benefits from our recent
acquisition of the True North Solutions Federal Systems Group (TNS
Group). The acquisition provided us with key sales people, a client
base and sales opportunities that were already in development."
The TNS group, which had 2005 sales to the federal government of
approximately $28,000,000, was acquired for a cash purchase price of
$350,000.
Dunham continued, "TNS Group is bringing in solid numbers, and we
expect that to increase as we further leverage that group's vendor
relationships with companies like F5 Networks, Secure Computing
RSA/EMC and others."
IceWEB provides network infrastructure solutions services to
enterprise and government customers with a specific focus on network
security, authentication, and PKI encryption systems. The Company's
IceMAIL product is compatible with either Blackberry, Goodlink or
ActiveSync enabled devices and operates on the most widely used
cellular networks including, Cingular, Verizon, and Sprint/Nextel.
IceMAIL is being distributed by CompUSA at many of its locations and
also at Simply Wireless.
Mr. Dunham concluded, "We firmly believe that our IceMAIL subscription
service will pick up speed in terms of a growing subscriber base as
we add new offerings to that service. We intend to extend our network
security expertise and integrate that into the IceMail offering. This
will allow subscribers to ensure that they can easily and robustly
implement Messaging Security that meets both Federal/State
regulations, as well as corporate security policy on both inbound and
outbound emails and instant messages."
In any event, with the recently acquired TNS group having reported
$28,000,000 in revenue for 2005, one would have to think that
guidance of $15,000,000 for 2007 might be a bit conservative. With a
preliminary revenue number for the fourth quarter of $1.8M having
already been reported, investors themselves can follow the name to
check this company's history of under promising and over delivering.
Interested parties who would like to view the Knobias.com article directly can do so by clicking on the following hyperlink: http://www.knobias.com/story.htm?eid= 3.1.aa524857ebe04e720d69303481c9734d96468775546f9a179d447c65c7ee7ec9 (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
To be added to our investor relations email list please go to: http://www.iceweb.com/investor_relations/email_alerts.asp or call investor relations at 703-964-8000 ext 0961.
About IceWEB
IceWEB, Inc. (OTCBB:IWEB - News), utilizes a hosted software services model that brings technologies normally reserved for large corporations to the small business customer. Small businesses can now have the benefits of these more advanced software systems for a low monthly subscription price instead of large up-front capital expenses. IceWEB also provides network infrastructure solutions services to our enterprise and Government customers with a specific focus on network security, authentication, and PKI encryption systems. Founded in 2000, IceWEB is headquartered in Herndon, VA, and serves customers in the public and private sectors. For more information, please visit http://www.IceWEB.com or http://www.IceMAIL.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the computer industry and general economy, competitive factors, and other risks detailed from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The Company does not undertake any obligation to update forward-looking statements.
All trademarks and brand names are the property of their respective companies.
Contact:
IceWEB, Inc., Herndon
Editorial Contact:
Gary Dunham
Email: gdunham@iceweb.com
Tel: 703-344-0951
or
Investor Contact:
Email: investor@IceWEB.com
Tel: 703-964-8000 or 800-964-8850 ext 0961
--------------------------------------------------------------------------------
Source: IceWEB, Inc.
AUCAF--67 Wells Drilled to date in 2006 - 77% Successful with an additional 81 Wells Planned in 2007 on ATP-299 - The Largest Onshore Continuous Drilling Program Ever in Australia on ACOR's ORRI
Thursday November 30, 11:04 am ET
CISCO, Texas--(BUSINESS WIRE)--Australian-Canadian Oil Royalties Ltd. (herein called ACOR) (OTCBB:AUCAF - News) reports that the JV partner of ATP-299 has announced that the 2006 $50 Million Dollar - 70 well drilling program on ATP-299 on ACOR's ORRI is considered to be a tremendous success with a 77% success rate from its participation in 69 wells in the block so far this year. The 2006 drilling program is still continuing with the Endeavour 21 well being cased as a new oil producer.
2007 Drilling Program (81 Additional Wells) on ACOR's ORRI
The JV partner is so pleased with the results that they have announced an additional 81 wells are planned to be drilled in 2007 on ATP-299 on ACOR's ORRI, although the program may vary depending on results.
The breakdown of the 81 wells planned to be drilled on ATP-299 are as follows:
Endeavour Oil Field - 22 Wells
Mulberry Oil Field - 20 Wells
Talgeberry Oil Field - 9 Wells
Gimboola Oil Field - 2 Wells
Chancett Oil Field - 1 Well
Tintaburra Oil Field - 27 wells
About The Tintaburra Oil Field:
The 2006 (70 well) Tintaburra drilling program plus the planned 2007 (82 well) drilling program on ACOR's ORRI is the largest continuous oil development and exploration drilling program ever undertaken in Australia with two (2) modern rigs drilling and casing wells at around ten (10) days per well.
The wells to be drilled are designed to achieve additional oil production and to test the extent of the oil pool in the Birkhead 11-77 sand discovered in the Mulberry 1 well.
The Mulberry 1 well, located on ATP-299 was drilled in 2004, and the well came in with an initial potential of approximately 600 barrels of oil per day. ATP-299 is located in the prolific Cooper/Eromanga Basin.
The Mulberry, Endeavour, Talgeberry, Gimboola & Chancett Oil Fields are all part of the Tintaburra Oil Field on ACOR's ORRI under ATP-299 and is estimated to contain around 84 million barrels of proved plus probable oil in place or approximately $5,036,640,000, at current market prices.
ACOR owns .0575 of 1% ORRI under ATP-299.
About Australian-Canadian Oil Royalties Ltd.:
ACOR management draws no cash salary. ACOR has NO LONG-TERM DEBT. ACOR's principal assets consist of 15,440,116 gross surface acres of overriding royalty interest and 8,561,007 gross acres of working interests, located Onshore Australia in the Cooper-Eromanga Basin and Offshore Australia in the Gippsland Basin in the Bass Strait.
ACOR is a publicly traded oil company trading on the NASDAQ OTC Bulletin Board Exchange under the trading symbol "AUCAF."
Summary:
Australia is a "hot spot" for oil & gas exploration and ACOR is positioned for possible "Company-Maker" discoveries. ACOR's working interests and overriding royalty interests are located offshore & onshore in the best producing basins.
Visit our website at www.aussieoil.com.
Disclaimer:
Except for historical information contained herein, the statements released are forward-looking statements that are made pursuant to the provision of the Private Securities Litigation Reform Act of 1955. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
Contact:
Australian-Canadian Oil Royalties Ltd.
Investor Relations, 254-442-2638
acor@classicnet.net
--------------------------------------------------------------------------------
Source: Australian-Canadian Oil Royalties Ltd.
IWEB great news!
IceWEB Issues Forward Looking Guidance
Wednesday November 29, 8:45 am ET
Provides Update on True North Federal Acquisition
HERNDON, Va.--(BUSINESS WIRE)--IceWEB, Inc., www.iceweb.com (OTCBB:IWEB - News) a leading provider of Hosted Microsoft Exchange services, enterprise software and network security infrastructure services, announced today that it anticipates it's sales for the Fiscal Year 2007 will be approximately $15,000,000 up from approximately $5,000,000 in FY-06.
John R. Signorello, Chairman and CEO of IceWEB, said, "Our sales momentum for Q1 FY-07 has picked up appreciably. Much of this growth is materializing as a direct byproduct of our renewed focus on the Federal Government marketplace. In keeping with that federal government focus, on November 2nd, 2006 IceWEB Inc. announced our acquisition of the assets of True North Solutions Federal Systems Group. The TNS group, which had 2005 sales to the Federal Government of approximately $28,000,000 was acquired for a cash purchase price of $350,000." Signorello continued, "The terms of the acquisition allowed us to bring on key salespeople from that organization, their client database, and in-process sales opportunities. They have integrated seamlessly with our existing sales team and are already closing business."
"Our booked revenue and in-progress business opportunity tracking lead us to believe that our FY-07 revenues should conservatively be in the area of $15,000,000. We also continue to gain traction with, and add customers to our IceMAIL Hosted Microsoft Exchange services offering. We expect this growth momentum to continue with these services, and will be announcing other optional paid services and industry partnerships that IceMAIL's clientele will take advantage of thus further establishing the recurring revenue base that this monthly subscription service brings to the company."
To be added to our investor relations email list please go to: http://www.iceweb.com/investor_relations/email_alerts.asp or call investor relations at 703-964-8000 ext 0961.
About IceWEB
IceWEB, Inc. (OTCBB:IWEB - News), utilizes a hosted software services model that brings technologies normally reserved for large corporations to the small business customer. Small businesses can now have the benefits of these more advanced software systems for a low monthly subscription price instead of large up-front capital expenses. IceWEB also provides network infrastructure solutions services to our enterprise and Government customers with a specific focus on network security, authentication, and PKI encryption systems. Founded in 2000, IceWEB is headquartered in Herndon, VA, and serves customers in the public and private sectors. For more information, please visit http://www.IceWEB.com or http://www.IceMAIL.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the computer industry and general economy, competitive factors, and other risks detailed from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The Company does not undertake any obligation to update forward-looking statements.
All trademarks and brand names are the property of their respective companies.
Contact:
IceWEB, Inc.
Editorial Contact:
Gary Dunham
Email: gdunham@iceweb.com
Tel: 703-344-0951
or
Investor Contact:
Email: investor@IceWEB.com
Tel: 703-964-8000 or 800-964-8850 ext 0961
--------------------------------------------------------------------------------
Source: IceWEB, Inc.
I heard today & there's more to follow
when is news coming?
ASWD stock price is going to breakout on news IMO
American Southwest Music Distribution Announces Name Change, Reverse Split
Thursday September 7, 2:21 pm ET
LOS ANGELES--(BUSINESS WIRE)--Sept. 7, 2006--Los Angeles, California independent record label American Southwest Music Distribution, Inc. (OTCBB:ASWD - News) announces its name has been changed from GL Energy & Exploration, Inc. American's stock trades on the OTC Bulletin Board under the new symbol (ASWD). The company completed a merger with GL Energy earlier this year and has successfully formed a relationship with Universal Music, one of the top three music distribution companies in the world, to distribute American's records through their network of distribution channels. Over the next several years, American will cement a solid foundation for success based on their keen eye for talent, managerial expertise in the industry and grass-roots marketing principles.
ADVERTISEMENT
American also announces a 1-for-74 reverse split of its outstanding common stock. "One of our long-term goals is to create value for our shareholders while building a strong blueprint for success," said founder and CEO David Michery. American will continue to seek top Hip-Hop, R&B and cross-over bands in an effort to build their brand while differentiating themselves from competitors. American's newest act Wine-O released a single titled "Pop My Trunk" which is enjoying its 16th consecutive week on Billboard's top 100 R&B singles.
American Southwest Music Distribution is a dynamic growing company formed by music veterans David Michery and Robert Guillerman. Headquartered in Los Angeles, California, the company has formed a niche in the production, marketing and distribution of fresh musical talent via traditional and non-traditional vehicles. Please visit www.aswmd.com for more information and continuous artist updates.
This press release contains certain forward-looking statements, defined by the Safe Harbor Laws of 1933, 1934 and 1995, that involve risk and uncertainties concerning the company's expected performance (as described without limitation throughout the release), as well as strategic operational plans. Actual results may differ materially from the results predicated and reported. Results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's ability to compete with new or existing competitors; risks related to the integration of acquisitions; risks related to the Company's international operations; failure to manage growth and diversification; adverse results in litigation, including intellectual property infringement claims; the Company's ability to protect its intellectual property and the value of its brands; dependence on key personnel; dependence on third parties for technology, services, content and distribution, and general economic conditions.
What does the company do?
*ASWD 1.44, it's that simple , here's the chart that's set to breakout soon.
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