AGORACOM Small Cap TV - November 15th - Highlights
posted on
Nov 15, 2010 10:22AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s November 15th 2010, and we’ve found 6 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
About China ACM
China ACM is a leading producer of advanced, certified eco-friendly ready-mix concrete (RMC) and related technical services for large scale, high-speed rail (HSR) and other complex infrastructure projects. Leveraging its proprietary technology and value-add engineering services model, the Company has won work on numerous high profile projects including the 30,000 km China HSR expansion, the Olympic Stadium Birds' Nest, Beijing South Railway Station, Beijing International Airport, National Centre for Performing Arts, CCTV Headquarters, Beijing Yintai Building and U.S. and French embassies.
Last Trade: 4.6852 W\eek: 7.75 – 2.95Market Cap: 82.24 Million
China Clean Energy Announces Record Third Quarter 2010 Results, Delivers Strong Growth in Revenue, Net Income and EPS
FUQING CITY, China, Nov. 15, 2010 /PRNewswire-Asia-FirstCall/ -- China Clean Energy Inc. (OTC Bulletin Board:CCGY.ob - News) ("China Clean Energy", the "Company"), a producer of biodiesel fuel and environmentally-friendly specialty-chemical products made from renewable resources in China, today reported its financial results for the third quarter ended September 30, 2010.
Third Quarter 2010 Highlights
Nine months 2010 Highlights
About China Clean Energy
China Clean Energy, through its wholly-owned subsidiaries, Fujian Zhongde Technology Co., Ltd. and Fujian Zhongde Energy Co., Ltd, is engaged in the development, manufacturing, and distribution of biodiesel and specialty chemical products made from renewable resources.
Last Trade: 1.2552 Week: 1.365 – 0.368Market Cap: 39.39 Million
China Industrial Waste Management Announces 2010 Third Quarter Financial Results
DALIAN, China, Nov. 15, 2010 /PRNewswire-Asia-FirstCall/ -- China Industrial Waste Management, Inc. (OTC Bulletin Board:CIWT.ob - News) ("China Industrial Waste Management" or the "Company"), a leading environmental services and solutions provider in China, today announced its results for the three and nine months ended September 30, 2010.
Third Quarter Highlights
Nine Month Results
Revenues increased 89.6% to $13.6 million from $7.2 million in the same period last year. Revenues from service fees increased 82.3% to $8.9 million, or 65.3% of total revenues, from $4.9 million, or 67.9% of total revenues, in the prior year period. Sales of recycled commodities increased 105.2% to $4.7 million, or 34.7% of revenues, compared to $2.3 million, or 32.1% of revenues, in the same period last year.
Gross profit increased 85.0% to $8.1 million from $4.4 million in the same period last year. Gross margin was 59.7% compared to 61.2% in the prior year period.
Income from operations increased 214.3% to $4.7 million from $1.5 million in the prior year period. Operating margin increased to 34.8% from 21.0% in the prior year period.
Net income increased 113.6% to $2.8 million from $1.3 million in the same period last year. Diluted earnings per share increased 85.8% to $0.16 from $0.09 in the same period last year adjusted net income, excluding the impact of the aforementioned one-time, non-cash settlement expense was $3.3 million, or $0.19 per diluted share.
About China Industrial Waste Management, Inc.
China Industrial Waste Management, Inc. is engaged in the collection, treatment, disposal and recycling of industrial wastes principally in Dalian and surrounding areas in Liaoning Province, People's Republic of China through its 90%-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd. ("Dalian Dongtai") and other indirect subsidiaries. Dalian Dongtai treats, disposes of and/or recycles many types of industrial wastes, and recycled waste products used by customers as raw material to produce chemical and metallurgy products.
Last Trade: 1.70 - 52 Week: 3.45 – 1.15Market Cap: 26 Million
TSX: KGN
NYSE Amex: KGN
announce the latest assay results from its Esaase Project drilling program in southwest Ghana.
Keegan has encountered significant gold intercepts (greater than 10 g/t meter grade) in four different areas,
1) down dip extensions of the current resource (KEDD872, 33.2 m @ 2.31 g/t Au and KEDD878, 176.9 m @ 1.2 g/t Au),
2) the D-1 Abuabo zone (KERC885, 32 m @ 1.66 g/t Au)
3), a step out hole on the of the D structure 2 km south of existing mineralization (KERC890, 6 meters of 11.42 g/t Au and
4) a newly discovered structure located between the D structure and the main zone (KERC 897, 11 meters of 1.44 g/t Au).
About Keegan Resources
Keegan is a junior gold company offering investors the opportunity to share ownership in the rapid exploration and development of high quality pure gold assets. The Company is focused on its wholly owned flagship Esaase project (2.28 Moz indicated resources with an average grade of 1.2 g/t Au at a 0.4 g/t Au cutoff and 1.65 million ounces in an inferred category at an average grade of 1.2 g/t Au applying a 0.4 g/t Au cut-off for a total inferred and indicated resource of 3.93 Moz) as well as its Asumura gold project, both of which are located in Ghana, West Africa, a highly favorable and prospective jurisdiction.
Last: 8.72
Range: 8.94-4.92
Market Cap: 46 million
Prophecy Resource Corp.: Detailed Environmental Impact Assessment Approved for 600 MW Pit-Mouth Powerplant by Prophecy's 1.2 Billion Tonne Chandgana Coal Project, Mongolia
TSX VENTURE: PCY
reports that a Detailed Environmental Impact Assessment (DEIA) pertaining to the construction of a pit-mouth 600MW coal fired power plant by Prophecy's 1.2-billion-tonne Chandgana Coal Project has been approved by the Mongolian Ministry of Nature and the Environment.
The DEIA is a 139 page document that was prepared for Prophecy by the leading independent Mongolian environmental consulting firm. The DEIA considered social and labour issues, climate and environmental circumstances representative of the proposed power plant. The approved study concluded that there are no major impediments to the project and provided recommendations on best practices for conservation of the environment and the community.
According to the preliminary plan of construction as outlined in the DEIA, the 600MW power station will be built and put into operation within 20 months and supply electricity through connection of 220 KW electricity transmission lines from the power plant to the Central Energy System (150km away) and Eastern Energy System (60km away). 2 x 220 kV Central Electricity System (CES) transmission lines power 90% of Mongolian electricity demand. Furthermore, Chandgana is right on the path of a Government approved future CES grid extension.
About Prophecy Resource
Prophecy Resource Corporation is an internationally diversified company engaged in developing energy, nickel and platinum group metals projects. The company controls over 1.4 billion tons of open-pittable thermal coal in Mongolia (839 Mt Measured, 579 Mt Indicated). Prophecy's Ulaan Ovoo coal deposit in Mongolia is in production. In Canada Prophecy owns Wellgreen PGM Project in Yukon, Lynn Lake Nickel Sulphide Project in Manitoba, and a 10% equity stake in Victory Nickel. Mineral resources that are not mineral reserves do not have demonstrated economic viability.
Last: 0.93
Range: 1.19-0.26
Market Cap: 66 Million
Fronteer Gold (TSX:FRG)(NYSE Amex:FRG)
reports that ongoing drilling has returned the best intercept to date at its wholly owned Long Canyon gold deposit in Nevada. Mineralization at Long Canyon continues to be 100% oxidized and remains open in all directions.
New results, largely concentrated to the northeast of the current resource area, include:
ABOUT FRONTEER GOLD
We intend to become a significant gold producer. Our financial strength and solid operational team give us the ability to advance our key gold projects to production. Our future potential production platform includes our Long Canyon, Sandman and Northumberland projects - all located in Nevada, one of the friendliest gold-mining jurisdictions in the world. Additionally, we have 100% ownership of Aurora Energy Resources Inc, developer of one of the world's largest uranium deposits, based in Labrador, Canada. For further information on Fronteer Gold visit www.fronteergold.com.
Last; 8.74
Range: 9.84-3.88
Market Cap: 150 Million