The Traders Digest

2012-02-27T06:41:00.000-08:00

Featured Video

2012-02-25T11:48:00.010-08:00

ON THE INCA ONE TRAIL IN PERU

I just returned from a trip through the amazing country of Peru. Its been a few years since I have had a chance to visit Lima and I was so impressed to see how the economy is thriving. The new construction and growth have been partially fuelled by a friendly approach to foreign investment and this can be a huge opportunity for the mining sector. Inca One Site

Throughout history the world has known of the wealth of gold in the countries mountains. The explorations for gold, silver and copper are in full swing and those companies astute enough to meet the challenge will reap great rewards. There are some challenges to doing business in Peru. The country is willing to work with new companies but does demand some key hurdles be dealt with before moving forward. As one analyst said to me,"in reality they seem to be asking to be treated with fairness and dignity. You can't fault them for that." This could be from a combination of some companies slick entry approach in the past with little regard for sustainability left behind for the communities effected by the exploration and mining. As well as witnessing environmental disasters in countries around the world due in part to fast track permitting. While in Lima I found a local newspaper stating "The government of Peru wants to push ahead with $50 billion in mining projects, saying they are crucial to stoke expansion in one of Latin America's fastest-growing economies."

Ed Kelly the CEO of Inca One knows how to approach the government with a solid plan that works closely with the communities so that their will be an economic benefit to everyone involved. While leaving the smallest ecological footprint on the land itself. CEO video interview.

San Ignacio is a small town in the north of Peru, just south of the border with Ecuador. After taking a small plane into the north there is still a long drive to get to this community that looks untouched for the past 50 years. The people do not have an easy life and the lure of wealth can blind even the most conservative person. As you drive into the mountains you can see evidence that the government is living up to its promise of better roads and the new pavement should extend all the way to Ecuador this year. This provides easy access to the Inca One property, the Las Huaquillas property in northern Peru is Inca One's principal asset. The project consists of 9 mineral concessions totaling 3,700 hectares in size. On May 2, 2011, the company entered into an option agreement with Rial Minera SAC and its founding shareholders, to acquire a 100% interest in the 37 km2 Huaquillas gold property, located in the Department of Cajamarca of Northern Peru. Historic drilling to date has identified the Los Socavones epithermal zone and two potentially large porphyry copper-gold zones (Cementerio and San Antonio).

The region is full of coffee growers and while hiking through the area you encounter families steeped in traditional coffee growing. The family pride in their crops and the simple life and pleasure of providing for their family on their terms. The current Peruvian government promised a Social Inclusion Program during the most recent election cycle. As a result, the government of Peru now requires a Sustainability Program to be designed and implemented by the company exploring and developing natural resource assets prior to the issuance of social and drilling permits. In order to meet these requirements and stay on track with the company's established development timeline and goals, Inca One has partnered with Cooperative Agraria Santuario de la Frontera Ltd. located in Peru.The primary goal of the Sustainability Program is to provide education and training with four main components, while the components include increasing coffee production, quality improvement, certification, and education.The Sustainability Program Inca One has committed to will positively impact 800 families who own and operate a combined 1,237 hectares of coffee-growing farms in the area surrounding the company's mineral resource project for the next three years. It will also train more than 1,200 individuals on maximizing coffee yield from their current operations, which will triple their current yield by the third year. The total increase in economic benefit due to higher coffee yields will be approximately US$1.5 million per year once the Sustainability Program has been fully implemented.

The Los Socavones zone is located at the eastern end of a northeast, 2.2-kilometre long, gold-bearing structure which has been tested via diamond drilling along a strike length of 1,000 metres and explored via underground workings along 400 metres of strike length and averaging 100 metres vertically. The deepest drill hole tested the heart of known mineralization approximately 200 metres below the surface. Using more than 20 mineralized intercepts, Sulliden calculated that the Los Socavones zone hosts a historic geological resource of 6.57 million tonnes grading 2.09 g/t Au and 25.2 g/t Ag (1.5 g/t cut-off), for 443,000 ounces of gold and 5.3 million ounces of silver (608,000 gold equivalent ounces), estimate over 500 metres of strike length.

The Cementerio porphyry system measures approximately 1.5 kilometres in diameter and is located immediately due south of the Los Socavones zone. Four holes were drilled, and the most significant intersection to date comes from drill hole LH97-04 that tested an induced polarization anomaly located on the edge of a strongly magnetic zone. This drill hole intersected 99.5 metres grading 0.47% Cu, 0.11 g/t Au and 4.5 g/t Ag and was still in the mineralized zone at the end of the hole.

Socavonesppb Au, and a discrete molybdenum soil anomaly also characterize the zone. Historic diamond drill hole LH97-17, which led to the discovery of this zone, was drilled to investigate the southern portion of the copper soil anomaly. Composed of quartz-magnetite-chalcopyrite-bornite veins and veinlets in a quartz diorite, the most significant mineralized intersection of this hole is 100.7 m grading 0.28% Cu, 0.38 g/t Au and 4.5 g/t Ag. The grades of the 21 metre-section are similar to average grades of the bulk of the world’s largest porphyry copper-gold deposits.

Excluding the porphyry zones, the Los Socavones zone alone might be able to demonstrate the potential for between 0.6 million and 4.6 million gold and gold equivalent silver ounces through future drilling, based on its historic resource estimate and assumed dip and strike length extensions within the current concession boundary.

The comparables I found show an average in-ground valuation of gold exploration companies of approximately US$48 per ounce and an average take-over value of approximately US$116 per ounce. Based on these metrics and assuming resource potential of between 0.6 and 4.6 million ounces of gold, I believe it is reasonable to estimate a share price potential of between Cdn$0.80 and Cdn$3.00 per share and a take-over price of between Cdn$2.00 and Cdn$7.00 per share. This is subject to the company receiving its social and drilling permits and raising sufficient capital for a significant drilling program.

Las Huaquillas lies within the Miocene Metallogenic Belt of central and northern Peru, which stretches over 900 kilometres along the western Cordillera and adjacent high plateau provinces. This belt is host to several economic gold epithermal and porphyry gold-copper deposits including the high-sulphidation Yanacocha gold mine. Las Huaquillas is located on or close to the trend of the Fruta Del Norte (FDN) fault extensions, which cross the border into Peru south of the FDN deposit. In the Ecuadorian portion of the belt, almost all mineral deposits and occurrences are located within a few kilometres of this prominent north-south fault zone and that pattern of discovery is expected to continue in Peru.

Modern exploration on the Ecuadorian side of the border has resulted in the discovery of multiple, significant and world-class gold and base metal-bearing districts, such as Kinross Gold Corp’s Fruta del Norte Gold deposit with an inferred resource of 13.6 million contained ounces of gold averaging 7.23 g/t gold.

I ran into Rodney Stevens,currently at Wolverton, who will be preparing a due diligence report on Inca One. Rodney has established a reputation for picking home-run stock picks, previously as an analyst at Salman Partners, and more recently Peninsula, headed by Sam Magid. Peninsula is renowned recently for its investments in Ventana Gold Corp. and Canaco Resources.

Rodney was good enough to answer some questions on the Inca One project:

TTD/ "Are there any similarities you see between Inca One and Ventana?"

RS/ "Like Ventana, Inca One has an initial high grade resource (although historic in the case of Inca One, and lower grade) and intends to drill off the full potential of the mineralization along strike and at depth (although Inca One has less mineral potential than Ventana)."

TTD/ "What do you think the mineralized potential is of the property?"

RS/ "Currently there is roughly 0.5M ozs at 2 g/t on 25% of the strike length of the property. If the full 2.2km projected strike length of the vein is mineralized, their might be potential for 4 million ounces. If 1/2 is mineralized, then maybe 2 million ounces. Although the mineralization is open at depth, the grade may be declining, possibly not economic at depth."

TTD/ "How would you value these ounces?"

RS/ "$40/oz in ground and $100/oz in a take-over scenario or take-over speculation scenario."

TTD/ "What are the major hurdles?"

RS/ "Currently the shares of Inca One are trading at a discount in the market because it does not have an active drilling program yet and the resources are historic and not 43-101 compliant (despite being drilled by Sulliden in the past). Currently the companies main challenge is receiving its social and drilling permits in a socially sensitive areas of coffee growers and a Mayor who is against mining. However, I have seen that Ed Kelly has made significant strides in drumming up community support and his past experience in the coffee industry does not hurt. I am confident that the company should receive its drilling and social permits within 4 to 6 months, which might shock the financial community."

The process is under way now for Inca One to get permits to drill and confirm what most already know, or at least suspect. The basin itself could host a multiple of Rodney's calculations if the full extent of the Fruta Del Norte extends this far. Its a long trek across the mountain range in the dark but unfortunately for me the rains caused some roads to halt traffic. This meant a nice brisk walk in the jungle with some flashlights. One of the local coffee farmers Martin was waiting along the path for my group to hike towards the tunnels. The caverns themselves were put in by a German company and extend over 1 km into the mountain. I was pretty excited to go through the tunnel system itself and see what I could of the structure itself. This excitement was doused when I noticed some had collapsed in to some degree and due to the time of day it wasn't safe to go in to deep in the dark. I also noticed the local spiders on the cave walls were the size of house cats. Some tunnels will need to be pumped out and word spread that a group was at the tunnels that day so we were quickly joined by former workers on the site. Oddly enough I was standing on an old road that had grown in but this showed how easy access would be to restore for advanced exploration.

*These calculations are based on many factors and you should draw your conclusion after conducting your own due diligence. Some comments in this report are merely my own opinion and I suggest you speak with an investment professional before investing in the markets. This may or may not meet your portfolio needs.

History

Sulliden became involved in the Las Huaquillas project after reviewing the results of work done between 1987 and 1992 by the Cooperación Minera Peruano-Alemana (CMPA). This six-year program resulted in the discovery of the Los Socavones gold-silver epithermal zone which was evaluated to have geological reserves of 2.6 million tonnes grading 2.69 g/t Au, 27.0 g/t Ag, 1.09% Zn, 0.34% Pb and 0.18% Cu (292,000 Au + AgEqAu ozs). Realizing the under-explored potential of this region and more specifically this property, Sulliden initiated the process of optioning the complete land package during the Summer 1996. An option agreement was signed in October 1996 and a US$5 million financing for the project was closed in November 1996.

General Geological Setting

Regionally, the property is located within an important assemblage of Mesozoic and Tertiary volcanic and intrusive rocks. With respect to metallurgy, the property lies in the Miocene Metallogenic Belt of central and northern Peru, which runs for several hundred kilometres along the western Cordillera. This belt has undergone several episodes of deformation and is defined by a large number of hydrothermal mineral deposits of different types that were formed between 6 million and 20 million years.

The belt is divided into two sub-belts. The western belt is named the Quiruvilca-Pierina Sub-Belt, and the eastern belt is called the Michiquillay-El Toro Sub-Belt. According to our interpretation, and taking into account recent discoveries made by other companies working in Peru and Ecuador, the Las Huaquillas property is located in the northern extension of the Michiquillay-El Toro Sub-Belt.

Locally, the property is situated within a major caldera characterized by a concentric and radial fracture pattern. The oldest rocks consist of intermediate volcanics belonging to the Jurassic Oyotún Formation, and were intruded by Cretaceous and Jurassic intrusions of dioritic to granodioritic composition. Approximately 50% of the property is covered by Pleistocene and Cretaceous sediments. During the course of our geological surveys, several conjugate fault systems were mapped. Movement along these faults is interpreted to be reverse, based on the juxtaposition of plutonic rocks over older volcanic rocks. Finally, a ring-dyke structure mapped in the Cementerio sector is indicative of the potential for porphyry mineralization in this sector.

The 1998 Sulliden historic resource estimate was based diamond drilling over a 500 metre section of the 2,200 metre long Los Socavones Zone hosts a geological resource of 6.57 million tonnes grading 2.09 g/t Au and 25.5 g/t Ag (608,000 AuEq ozs), which remains open at depth. This historic resource, based on 10 drill holes and 20 mineralized intercepts, was estimated to a depth of 200 metres. The average true width encountered to date is 20+ metres, with some intercepts more than 75 metres in true width. In the table on the following page, we show three scenarios for the resource potential of Los Socavones. The first scenario is based on the historic resource estimate, the second “base case” scenario assumes that ½ of the projected strike length of the zone is mineralized with depth extensions, and the third “Upside” scenario assumes that the all of the projected strike length of the zone is mineralized with further depth extensions. Although the “Upside” scenario may appear aggressive, it is not out of reach for the company to acquire concessions further along strike if the mineralization appears to extend beyond its concession boundaries.

Disclosure: I am invested in Inca One on the TSX-V.

CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.

2012-02-21T06:16:00.000-08:00

Verisante Technology, Inc. Named Top Technology and Life Sciences Company on the TSX Venture Top 50 2012 Ranking

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 15, 2012) - Verisante Technology, Inc. (TSX VENTURE:VRS)(OTCQX:VRSEF)(PINKSHEETS:VRSEF)(FRANKFURT:V3T) (the "Company" or "Verisante"), a leader in cancer detection technology, announced today that the Company has been named this year's top ranking Technology and Life Sciences Company on the TSX Venture 50.
The TSX Venture Exchange's annual list of its top 50 emerging publicly traded companies is a ranking of the strongest performers from five industry sectors. Verisante ranked number one on the list of top 10 leading Technology and Life Sciences companies for the year. Companies are selected based on four equally weighted criteria - return on investment, trading activity, market capitalization growth, and analyst coverage. The results were obtained from data to December 31, 2011.
As the top ranking Technology and Life Sciences Company, Verisante has been invited to attend the TSX Venture 50 Spotlight event on April 3, 2012 in Toronto, with an opportunity to present to an audience comprised of portfolio managers, investment bankers, research analysts and investment advisors.
"The number one ranking by the TSX Venture Exchange underscores the breakthrough year the Company has had," said Thomas Braun, President and CEO. "The approval of Verisante Aura for use in the key Canadian, European and Australian markets and the industry recognition our technologies have recently received demonstrate that we are moving forward on our commitment to helping healthcare providers save lives through the detection of some of the most common forms of cancer."
Verisante Aura has also recently been awarded Popular Science Magazine's "Best of What's New Award" for 2011, and Verisante Core was named one of the top 10 cancer breakthroughs of 2011 by the Canadian Cancer Society. In addition, the Company was named a finalist for the 2011 Regional Awards for New Technology by the Canadian Manufacturers & Exporters and the National Research Council of Canada.
About Verisante Technology, Inc.
Verisante is a medical device company committed to commercializing innovative systems for the early detection of cancer. The Verisante Aura™ for skin cancer detection and the Verisante Core™ series for lung, colon and cervical cancer detection utilize a proprietary cancer detection platform while the operating software and probe technology are unique to each device. The cancer detection platform was developed by the BC Cancer Agency and tested and refined at the Skin Care Centre at Vancouver General Hospital. This exclusive platform technology allows Verisante to develop and offer a range of compact, non-invasive cancer detection devices that offer physicians immediate results for many of the most common cancers. The Aura™ has been approved for sale in Canada, Europe and Australia. The Core™ has not yet been approved for sale.
Youtube: www.youtube.com/verisante
Twitter: www.twitter.com/verisante
Facebook: www.facebook.com/verisante
Forward Looking Statements
This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of medical devices, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

2012-02-11T20:38:00.000-08:00

Stocks I'm watching next week

Mahdia Gold Corp is moving ahead with planned drilling. I suspect some mine tours and planning will be well under way soon. Guyana has proven to be a hot spot in recent years for gold and one quick trip to the country is a real eye opener. I think this may be a launch point in the market for investors.

The company gets its name from a popular resource rich mining town located in central Guyana. Historically the central Guyanese region was made popular by the Omai gold mine. This mine produced approximately 4.000.000 ounces of gold from two open pits. Having identified the potential of this region, Mahdia Gold Corp. has acquired three compelling gold bearing concessions, namely, Omai, Tiger River and White Creek.

The company's vision is to be an aggregator of world class gold properties in the country of Guyana. This vision includes maximizing shareholder value and Mahdia Gold Corp. being the premier destination for investors looking to invest in the precious commodity known as gold.

Mr. Alan Zaakir reports

APPOINTMENT OF JOHN REYNOLDS AS CO-CHAIRMAN OF MAHDIA GOLD CORP.

John Reynolds has joined the board of Mahdia Gold Corp. as co-chairman. Mr. Reynolds brings a vast amount of experience to the company, which will greatly benefit Mahdia.

As a director of two natural resources producers, Mr. Reynolds is experienced in the business of exploration and mine development around the world. His involvement in resources, including gold, nickel and chromium in countries, such as Kazakhstan, Australia, Ghana and South Africa, is of obvious value and importance to Mahdia.

His career includes substantial experience in venture capital development, consumer products marketing, resource sector development and elected political office, both federal and provincial. Mr. Reynolds began his career in the sales and marketing field, was western sales manager for Rust Craft Greeting Cards, joined Ethicon Sutures Ltd. (a subsidiary of Johnson & Johnson), and at that time was the youngest manager ever appointed by that company. Mr. Reynolds's political career began in 1972, when he was elected to the House of Commons as a Progressive Conservative Member of Parliament for the B.C. riding of Burnaby-Richmond-Delta. He was re-elected in the 1974 general election. During his time as an MP (from 1972 to 1977), he served on numerous standing committees: health and welfare, sport and fitness, transportation, and justice and legal affairs. He chaired the Progressive Conservative caucus committee responsible for the Department of Supply and Services. Following his tenure as an elected official, Mr. Reynolds pursued work in the private sector, which included directorships on the boards of numerous public companies, including International Corona Resources, one of the largest gold discoveries in North America.

Verisante Technology has been the right company in the right space. Now is it the right time? Some feel its about to have a bounce as the CEO puts together a plan for sales. Everyone is anxious to see the first units delivered to dermatologists around the globe. The beauty of the Verisante Aura is anyone with some training can operate it. Its set up for quick and easy operation. The company has a lot of cash push production and once institutional investors take a more active position this will be the market darling once more.

This exclusive platform technology allows Verisante to develop and offer a range of compact, non-invasive cancer detection devices that offer immediate results for many of the most common cancers.

Verisante is ISO 13485:2003 certified as a medical device manufacturer.

Inca One had a huge day of volume on Friday and a good healthy price increase. The CEO Ed Kelly has been working hard at advancing their new acquisition in Peru and the government there seems eager to open the doors to new business. This could see a break out in the coming days IMHO. The market seems to have caught onto this new exciting play in Latin America.

Inca One Resources Corp. (TSX-V: IO) is a Canadian resource company focused on acquiring and advancing properties in the South American country of Peru.

Peru, which was home to the Inca Empire, is currently the largest gold producer in South America, hosting mines which produced up to 26 million ounces of gold. A highly mineral-rich country, Peru is the largest producer of silver and 2nd largest producer of copper worldwide as of 2009.

Inca One is advancing its principal asset, the Las Huaquillas Property in northern Peru. The project consists of 9 mineral concessions totaling 3,700 hectares in size.

CardioComm Solutions, Inc has been a very active issue and this week investors will see if the love affair is over or is it about to switch gears and head over $1 a share. Its a fun stock to watch and read about as investors are weighing in on the companies future.

CardioComm Solutions, Inc provides technically and clinically innovative software solutions for information management systems in cardiovascular medicine and telemedicine.

CardioComm's patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

The Company's software enables electrocardiography (ECG) data to be transmitted, received and managed anywhere in the world using standard computers, wireless devices, enterprise networks, telephones, or the Internet.

Monster Mining announced a private placement for their project in the Yukon. Monster Mining Corp. is a mineral exploration company working in the Keno Hill area located in the Yukon territory, Canada. Silver Exploration continues to be the focus at the Keno Hill area, while additional efforts in the area have uncovered great potential for gold as well. The history of this area dates back over 100 years and provides detailed accounts of widespread mineral production surrounding Keno City.

The compelling history plus recent work done in the area has driven Monster Mining to option over 330 claims in the area with the right to acquire100% of these claims (subject to net smelter royalty payments).

The company has demonstrated its dedication to the success of this region by assembling a management team and Board of Directors built on a foundation of strength and experience. This team will systematically explore and evaluate this project in an efficient and timely manner.

2012-02-10T20:39:00.000-08:00

How is value determined in the health care sector?

Over the years I have followed a lot of bio-tech stocks. From Parkinson's drugs to Cancer treatments and diagnosis to alternate delivery systems crossing the brain barrier. It all gets a bit confusing for even the most savvy investor. How can we expect to be experts in mining, tech and now the medical field? There are a lot of factors to consider when making investments. Make sure you know what to expect and have reasonable time lines on milestones set up by the company. Keep your own timetable as well since companies can stray from time lines.Try to understand all aspects of your investment and ask yourself what drove you to choose this company above others.

The fundamental choices we make in everyday investing determine our long term growth and without starting off right the end result is doomed from the start.If you are determined that health care is the next break out area of investing then look at who's making headlines and try to find those gems that may be flying under the radar. No one likes waiting out clinical trials so I always avoid early stage trial companies that eat through cash like a kid on spring break. Find one that is just getting approvals or is about to get approved. Once companies start to prove the product is in demand and it has been approved; the moment product starts to move you may see a break out.

Innovation is the name of the game. If everyone is rushing to put the same product out your gains may be short lived. Although if your company has a market advantage and is backed by medical studies from industry leaders you may find you have the key to success within your grasp. I have been watching some recent moves in the market for some medical related companies and sometimes I have to stand back and applaud the guys who promoted the company. Its strange how an FDA approval barely moves the market yet the next time around Health Canada approval makes it jump 500%. Amazingly enough a lot of these types of companies don't actually have the ability to produce and perhaps its not their plan to even go in that direction. Some may just hope for "proof of concept" and that a big pharma will see it and move in for a buy-out. That's a tough call though since so many companies want to fight for the same space.

Thomas Braun has been ticking off the milestones at Verisante Technology.

-Health Canada approval

-Verisante Aura Clinical Study Data Analysis Presented at SPIE

-Canadian Cancer Society names Verisante Core a Top 10 Cancer Breakthrough of 2011

-Verisante Starts FDA Approval Process and Provides Operational Update

-Verisante Obtains Australian Approval

-Popular Science Honors Innovative Verisante Aura™ Skin Cancer Detection Device with “Best of What’s New” Award

The audience is there but alas the market is a hungry beast. I think once clients start to take delivery of The Aura then the story will become real for investors. Its easy to get pulled into the herd mentality and once the climate is right then this will be a strong growth story IMHO. The seeds of doubt are still there when companies still have a burn rate and when talk of production still seems like talk. I have met with Thomas Braun and its easy to share in the excitement surrounding this story. I went to do my due diligence and found there are a lot of sources to choose from. I have listed a few just so that you have something to look over. We have all been touched by cancer and I feel good reading about the goals and the milestones of Verisante Technology.

Verisante Media Link

2012-02-09T18:14:00.000-08:00

Medical stocks are heating up

If you are an active trader you have probably noticed the recent rush on medical stocks. I don't think this broad concept of one size fits all works here but some specific sectors within the medical field seem to be enjoying some exposure and the investors have fallen in love. The beauty is these are not effected by the price of gold or the turmoil in Europe. The world needs drugs and they have to diagnose these diseases as well.

Three companies have come onto my watch list and I feel they have been overlooked until now that is. These all have a rather attractive share structure IMHO and an active participation by institutions and insiders. They all have recent news and have been ticking off milestones as promised. What more could you ask for in today's economy?

These are stocks I am keeping a close eye on in the days and weeks to come. Remember some similar medical stocks have enjoyed huge runs on their share price in days.

Verisante Technology Inc VRS.V

http://www.verisante.com/news/media/

The Verisante Aura™ for skin cancer detection and the Verisante Core™ series for lung, colon and cervical cancer detection utilize a proprietary cancer detection platform while the operating software and probe technology are unique to each device. The cancer detection platform was developed by the BC Cancer Agency and the University of British Columbia and tested and refined on approximately 1,000 lesions at the Skin Care Centre at Vancouver General Hospital.

This exclusive platform technology allows Verisante to develop and offer a range of compact, non-invasive cancer detection devices that offer immediate results for many of the most common cancers.

Verisante is ISO 13485:2003 certified as a medical device manufacturer.

Verisante Technology, Inc. focuses in the commercialization of systems for the early detection of cancer. The Company’s initial focus is skin cancer, including basal cell carcinoma, squamous cell carcinoma, and melanoma. The Company has licensed a technology developed by the BC Cancer Agency for in vivo, real-time, non-invasive skin measurements. This platform technology may also be applied to early detection systems for other types of cancer, including lung, GI, colorectal, and cervical cancers. Verisante’s skin cancer detection device is a multimodality imaging and spectroscopy system designed to aid in the early detection of skin cancer. This system uses a technology to scan lesions and provides instant, real-time results. This system will help to automate the process of skin cancer diagnosis.

MIRACULINS INC MOM.V

http://www.miraculins.com/the_miraculins_advantage.aspx

Miraculins focuses on in-licensing/acquiring and developing both cancer and non-cancer diagnostic opportunities that have completed early stage research and address unmet clinical needs.
Miraculins’ internal research program has lead to the discovery and identification of prostate cancer biomarkers, the lead marker of which is called Prostate Secretory Protein or PSP94. Miraculins also acquired several biomarkers in the areas of Gastric, Colorectal, and Pancreatic Cancer and are in the process of moving those programs further through the pipeline.
With the experience gained from developing its first assay, and the addition of a strong scientific team, Miraculins has developed a process and criteria for evaluating technologies as potential licensing targets.
Once Miraculins has determined that a specific technology meets its criteria the Company adds value to the early stage research by developing a clinical grade assay, confirming the diagnostic potential of the technology and moving the test through to regulatory approval and commercial sales.
Miraculins therefore bridges the gap between early stage research, completed at the university/institution level, and clinical grade commercial assays.
Under its new business model, Miraculins has acquired a panel of Preeclampsia biomarkers from Mount Sinai Hospital and partnered the program with Inverness Medical Innovations (NYSE:IMA), one of the world’s largest diagnostic companies.

Abattis Biologix FLU on the CNSX
http://www.abattis.com/s/home.asp

Abattis Biologix is a specialty biotechnology company engaged in the licensing, marketing and formulation of unique and proprietary botanical, vitamin, and mineral products in several high growth natural health categories. The Company owns patent pending rights tested and proven formulas to a method of preventing and treating avian influenza in humans The company also owns Patent pending IP to a METHOD OF COMPOSITION FOR PREVENTING AND TREATING AVIAN INFLUENZA IN POULTRY. This IP is being licensed to countries around the world which will enable the company to focus on formulation and innovative delivery systems in the areas of Women's and Children's Health and MicroNutrient Fortification, Cognitive Health, Histamine and Anti-Inflammatory Solutions.

Abattis Biologix Corporation (the "Company") was founded in 2009 and assembled a team of people who shared a vision of making a difference and helping. We all feel that there is a growing global need for a nature-based solution to viral infection. We seek to give back and offer aid through the commercialization of two latter stage highly effective natural botanical antiviral products. These antiviral formulations have been tested and the tests show that the products seem to have significant effect against the effects of viral infections such as influenza (the "Flu") and it's many mutated forms; Swine, Bird and SARS are a few common examples.

CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.

2012-02-05T08:31:00.000-08:00

Short Squeeze Helping Propel January Rally

http://blogs.wsj.com/marketbeat/2012/01/31/short-squeeze-helping-propel-january-rally/
By Kyle Stock
Pessimism isn’t paying on Wall Street these days.
Relatively bullish U.S. stock markets are pulling along shares of some of the most criticized companies. Nine of the 10 most shorted stocks are up for the year thus far and up fairly big.
Those firms — which include Diamond Foods, Coinstar and LinkedIn — closed yesterday at prices 12.3 percent higher, on average, than the levels that they started trading at the beginning of the month. Only one has declined in January, ATP Oil & Gas Corp.
In comparison, the Dow Jones Industrial Average has climbed only 3.5 percent in that time.
As they say on Wall Street, the shorts are getting squeezed.
“You can have stocks that have a tremendous amount of momentum and just keep going,” said Robert Sluymer, a managing director in charge of U.S. technical research at RBC Capital Markets. “I think for many traders it’s been frustrating.”
A short sale is a bet that the stock price of a company will fall. To execute the strategy, traders borrow shares, sell them and then hope to buy them back at a lower level. The difference in the price at which they sell and the price at which they buy is profit, assuming the stock had declined.
The danger in shorting is that potential losses are not capped, which is why most short positions are held by fund managers and affluent institutional investors.
The short-squeeze may also be chalked up to something traders call the January effect, according to Pankaj Patel, a managing director in charge of quantitative research at Credit Suisse. Fund managers concerned about publicly posting their portfolio holdings at the end of the year or in need of a loss for tax purposes are more likely to sell a risky stock in October and buy a shaky share in January.
Indeed, the companies that are being bet against the most were dogged by bad press and poor results throughout last year. Diamond Foods, for example, has been the target of an accounting probe. Although almost half of its shares are on loan to short-sellers, the company’s stock climbed 11.2 percent in January.
LinkedIn’s business model has been under attack since its May public offering. Though it still trades well below its day one peak, the company surged 14.1 percent in January.
In short, there are quite a few investors who feel that these pilloried companies are finally undervalued.
“Right now, the short traders have a headwind,” Patel said. “But those who started shorting three months ago they are probably still in the money … And generally speaking, longer-term shorts are right.”
Kyle Stock is a business reporter at The Daily, which is published by News. Corp., the owner of The Wall Street Journal.

2012-02-03T09:35:00.000-08:00

VOLUME ALERT:

INT.V-INTERTAINMENT MEDIA INC CURRENTLY UP APPROXIMATELY 30% ON OVER 11 MILLION SHARES TRADED ON THE TSX-V AND THE ALPHA

WITH THE FACEBOOK IPO ON THE MINDS OF SO MANY INVESTORS THIS COULD SEE TRACTION FROM SEVERAL SOURCES IN THE COMING WEEKS IMHO.

2012-02-01T08:23:00.000-08:00

Forum Identifies Heavy Rare Earth Potential on the Kipawa West Project

Forum Uranium Corp. (TSX VENTURE:FDC) is pleased to announce results from its 2011 prospecting and sampling program this past autumn on its Kipawa West project under option from Aurizon Mines Ltd., which adjoins Matamec's Kipawa Rare Earth Deposit near Val D'Or, Quebec. Matamec recently announced a positive Preliminary Economic Assessment for average annual production of over 5,000 tonnes of a mixed Total Rare Earth Oxide (TREO) concentrate. Forum focused its exploration over a 1.8 kilometre by 3.5 kilometre area to follow-up on rare earth mineralized boulders ranging in grade from 1.3% to 16.7% TREO and Heavy Rare Earth Oxide (HREO) to TREO ratios ranging from 0.8% to 57% (see Forum News Release dated July 14, 2011). Forum's prospecting, rock geochemical and soil geochemical program confirmed the high heavy rare earth values previously reported on the property and isolated a target area of 1 km by 1 km for further investigation. Forum is currently conducting mineralogical studies of the prospecting samples and is making application for permitting of a summer surface exploration and drilling program.
Forum's area of investigation is located along the northwest extension of the Kipawa Alkalic Complex in Forum's West Block of claims optioned from Aurizon Mines Ltd. (see Figure 1: http://media3.marketwire.com/docs/fdc-0201-fig1.pdf). The Kipawa Complex occurs at the contact between the basement rocks of Archean age to the northeast and the rocks of Proterozoic age to the southwest. Outcrops of the Kipawa Complex have been mapped along the road at the western end of the prospected area.
Thin glacial till from 0 to 5 m thick, covers most of the area, except in the south where sand of probable lacustrine origin is present. A total of 352 soil samples were collected at 50 m intervals along lines 200 m apart perpendicular to the southwest trending glacial direction. The distribution of rare earth elements, yttrium and zirconium generally replicates the underlying bedrock as identified by mapping. The soils in the west part of the study area reflect higher values of total rare earth elements (TREE) in the Kipawa Alkalic Complex.
The rock samples show a similar pattern for TREE, yttrium and zirconium as the soil samples, with higher values in the west and northwest of the study area, within the area mapped as Kipawa Alkalic Complex. Figure 2 (http://media3.marketwire.com/docs/fdc-0201-fig2.pdf) shows the location of rock samples in boulders and outcrop analyzed for TREE from Aurizon's 2010 prospecting program and Forum's 2011 prospecting and sampling program. Table 1 (http://media3.marketwire.com/docs/fdc-0201-table1.jpg) shows boulder rock sample results from Forum's program. Several anomalous soil samples collected up-ice from these three boulder rock samples are highly anomalous in rare earth elements, yttrium and zirconium as well. It is interpreted that a 1km by 1km area that is up ice from this boulder cluster is the likely source of heavy rare earth mineralization on Forum's property.
Daniel Beauchamp, P.Geol., geo., is the qualified person who has reviewed and approved the contents of this news release.
Option Agreement with Aurizon Mines Ltd.
Forum can earn a 50% interest by completing $200,000 in exploration as a firm commitment within 12 months and a further $150,000 in exploration, including a minimum of 1,000 metres of drilling, within 24 months of the date of the agreement. Forum has the option to earn a further 15% interest, totaling a 65% interest in the project by establishing an NI 43-101 resource estimate on the property within four years of the agreement date. Forum is Operator during the earn-in period. Upon completion of its earn-in, Forum and Aurizon will form a Joint Venture with Forum as Operator.
About Matamec's Kipawa Rare Earth Deposit
Matamec reports an NI 43-101 compliant resource of 15,161,000 indicated tonnes grading 0.434% TREO and 3,843,000 inferred tonnes grading 0.403% TREO at a cut-off of $72.24 per tonne. Rare earth minerals in this deposit include eudialyte, mosandrite, and britholite. The Kipawa deposit is a good source of heavy rare earth oxide through the production of a mixed TREO concentrate grading 1.11% TREO. Matamec reported its Preliminary Economic Assessment in a news release dated January 30, 2012.
About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium and rare earth projects. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries and proactive community consultation. The Company has a strategy to discover near surface mineral deposits nearby existing infrastructure by exploring on its 100% owned properties and through strategic partnerships and joint ventures.
ON BEHALF OF THE BOARD
Richard J. Mazur, P.Geo., President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT: Forum Uranium Corp. Matt Terriss Director, Corporate Affairs 604-638-3947 info@forumuranium.com www.forumuranium.com

INVESTORS WEIGH IN AS MILLIONS OF SHARES TRADE HANDS

2012-01-27T14:14:00.000-08:00

Geologix's Tepal Drilling Continues to Extend South Zone at Depth With Higher Grade Interval of 1.45 g/t Gold and 0.44% Copper Over 104.8 Metres

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/12 -- Geologix Explorations Inc. (TSX:GIX)(FRANKFURT:GF6)(BERLIN:GF6)(MUN:GF6)(STUT:GF6) (the "Company") is pleased to announce the results of the remaining South Zone drill assays from the recently completed resource expansion and infill drilling program at its 100% owned Tepal property in Michoacan state, Mexico. Results from the last 17 holes from a total of 37 holes drilled at the South Zone have now been received.
The latest results indicate the presence of a higher grade system being encountered at depth in the southeast portion of the South Zone. Substantial depth extension intervals of gold grades up to three times greater than the South Zone's resource average (see April 2011 PEA mine plan) have been encountered, and remain open at depth. Highlights from the latest batch of results include hole TEP-11-026 which intersected 104.80 metres (m) grading 1.45 grams per tonne (g/t) gold and 0.44 percent (%) copper, within a broader interval of 188.80m of 1.04 g/t gold and 0.40% copper to a drill depth of 498.00m, extending the mineralization approximately 200m below the bottom of the model pit used in the April 2011 PEA mine plan (see news release dated April 11, 2011). Similarly, holes TEP-11-128 and TEP-11-130 also encountered encouraging gold and copper mineralization well below the bottom of the PEA pit outline (extending 150m and 100m deeper respectively). This higher grade mineralization remains open in multiple directions and appears to be plunging moderately to the south. See drill section and plan map at the Company's website (www.geologix.ca).
Details of the highlight holes from the latest South Zone drilling include:

----------------------------------------------------------------------------
                                    Interval                                
Hole ID        Zone    From      To      (m)  Au g/t  Cu %  Ag g/t   AuEq(i)
----------------------------------------------------------------------------
TEP-11-026    South  309.20  498.00   188.80    1.04  0.40     2.7      1.84
----------------------------------------------------------------------------
Including     South  317.20  422.00   104.80    1.45  0.44     1.3      2.30
----------------------------------------------------------------------------
Significance: Extends depth of mineralization nearly 200m below PEA pit     
 outline. Au grades 3x greater than resource avg. Cu grades double resource 
 avg.                                                                       
----------------------------------------------------------------------------
TEP-11-043    South  152.00  294.55   142.55    0.91  0.35     1.3      1.59
----------------------------------------------------------------------------
Including     South  162.00  274.00   112.00    1.04  0.38     1.2      1.77
----------------------------------------------------------------------------
Significance: Extends mineralization below PEA pit outline. Au and Cu grades
 approximately double resource avg.                                         
----------------------------------------------------------------------------
TEP-11-128    South  316.00  437.40   121.40    0.72  0.18     2.1      1.09
----------------------------------------------------------------------------
Including     South  318.00  401.00    83.00    0.89  0.20     2.3      1.30
----------------------------------------------------------------------------
Significance: Extends depth of mineralization 150m below PEA pit outline. Au
 grades more than double resource avg.                                      
----------------------------------------------------------------------------
TEP-11-130    South  149.75  253.70   103.95    0.22  0.12     2.5      0.49
----------------------------------------------------------------------------
And           South  284.25  439.20   154.95    0.41  0.24     1.2      0.88
----------------------------------------------------------------------------
Significance: Extends depth of mineralization nearly 100m below PEA pit     
 outline.                                                                   
----------------------------------------------------------------------------
Au = gold, Cu = copper, Ag = silver, (i)AuEq g/t = gold equivalent based on 
metal prices of $1,000 Au, $2.75 Cu, and $16 Ag.

Dunham Craig, President & CEO stated, "Once again, we are very pleased with the progress being made through this latest drill program. Not only do these results expand the depth of mineralization with elevated gold and copper grades, but the large footprint and steadily increasing grade at depth give us an opportunity to consider adding an underground bulk mining element in to the mine plan, which would be a positive add-on to the current open pit mining schedule. Given that these extension intervals coarsely define an area, below the pit bottom, measuring 200m x 200m x 100m, this additional discovery has potential to add considerably to the Tepal project's economics."
Additionally, the 13 other holes being reported in this batch returned assay results consistent with South Zone mineralization and provide necessary infill drill data. A complete table of all 17 drill holes being reported, as well as previously reported assay results, along with drill sections and plan maps, can be found on the Tepal Project page of the Company's website (www.geologix.ca).
A total of over 30,000 metres and 160 holes were drilled in the latest drill program. Additional assay results from 96 holes, from both the North and Tizate zones, are still pending and will be reported as they become available. Upon receipt of all assays, and completion of data compilation, a new resource estimation (to a Measured and Indicated category) will be prepared as part of the pre-feasibility study work that is currently underway.
Geologix's Resource Geologist, Andrew Hamilton, B.Sc., P. Geo., a 'qualified person' for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Properties of the Canadian Securities Administrators, has verified the data (including sampling and analytical data) and prepared the information contained in this news release. All samples were collected from the project by ALS-Chemex, and taken to their sample preparation facility in Guadalajara, Jalisco State, Mexico, with the analytical work being completed at their North Vancouver, B.C. laboratory. A QA/QC program has been implemented to ensure all core and sample handling procedures are in accordance with the best possible practices. The assay protocol includes the insertion of standards, blanks and duplicates into the sample stream.
Geologix Explorations Inc. is a mineral exploration company focused on acquiring, exploring and developing mineral resource opportunities with the potential to host world class mineral deposits. The Company's primary focus is the Tepal Gold-Copper Porphyry Project in Michoacan state, Mexico, where the Company has completed a Preliminary Assessment study ("PA") of the existing resource and is continuing to aggressively explore for additional gold and copper mineralization in an effort to expand the size of the resource and scale of the possible future mining operation.
To view the maps accompanying this press release, click on the following link: http://media3.marketwire.com/docs/g116g.pdf
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Geologix Explorations Inc.
Dunham Craig
President & CEO
604.694.1742 or Toll Free: 1.888.694.1742
dcraig@geologix.ca

Geologix Explorations Inc.
Jeffrey Wilson
VP Corporate Communications
604.694.1742 or Toll Free: 1.888.694.1742
jwilson@geologix.ca
wwwgeologix.ca

FEATURED VIDEO

2012-01-26T20:08:00.000-08:00

1,000-Lesion Data Publication:
The article has been submitted for publication and is currently in the peer-review process.

Verisante is a medical device company committed to commercializing innovative systems for the early detection of cancer. The Verisante Aura™ for skin cancer detection and the Verisante Core™ series for lung, colon and cervical cancer detection utilize a proprietary cancer detection platform while the operating software and probe technology are unique to each device. The cancer detection platform was developed by the BC Cancer Agency and tested and refined at the Skin Care Centre at Vancouver General Hospital. This exclusive platform technology allows Verisante to develop and offer a range of compact, non-invasive cancer detection devices that offer physicians immediate results for many of the most common cancers. The Aura™ has been approved for sale in Canada, Europe and Australia. The Core™ has not yet been approved for sale.
Youtube: www.youtube.com/verisante
Twitter: www.twitter.com/verisante
Facebook: www.facebook.com/verisante

VOLUME ALERT

2012-01-26T09:31:00.001-08:00

Catalyst Paper gains additional support for recapitalization

RICHMOND, BC, Jan. 25, 2012 /PRNewswire/ - Catalyst Paper Corporation (TSX: CTL) announced that it has gained additional support for the proposed recapitalization transaction and now has the support of holders of approximately 69.8% of the company's 11% senior secured notes due 2016 (the Senior Secured Notes) and holders of approximately 40.1% of the company's 7 3/8% senior notes due 2014 (the Senior Notes were issued under the company's former name, Norske Skog Canada Limited). Holders of the Senior Secured Notes and Senior Notes who are parties to the Restructuring and Support Agreement (the Agreement) (or have signed joinder agreements) have agreed to vote in favour of and support the recapitalization transaction. The company will continue to solicit and expects further support for the recapitalization by January 27, 2012 (the early consent deadline under the Agreement).
Details of the recapitalization will be provided in an information circular expected to be distributed to shareholders and holders of the Senior Secured Notes and Senior Notes in February, 2012. The recapitalization is expected to close by March 31, 2012.
Further information concerning the recapitalization, please refer to the filings of the company available on SEDAR (www.sedar.com), EDGAR (www.sec.gov and the company's web page www.catalystpaper.com). Investors who have questions about the recapitalization may contact Nancy Turner of Perella Weinberg Partners, the financial advisor for Catalyst Paper, at 415-671-4550.
Catalyst Paper manufactures diverse specialty mechanical printing papers, newsprint and pulp. Its customers include retailers, publishers and commercial printers in North America, Latin America, the Pacific Rim and Europe. With four mills, located in British Columbia and Arizona, Catalyst has a combined annual production capacity of 1.9 million tonnes. The company is headquartered in Richmond, British Columbia, Canada and its common shares trade on the Toronto Stock Exchange under the symbol CTL. Catalyst is listed on the Jantzi Social Index® and is ranked by Corporate Knights magazine as one of the 50 Best Corporate Citizens in Canada.
Forward-Looking Statements
Certain matters set forth in this news release, including statements with respect to implementation of the recapitalization and the benefits to the company of the recapitalization, are forward looking. These forward-looking statements reflect management's current views and are based on certain assumptions including assumptions as to future operating conditions and courses of action, economic conditions and other factors management believes are appropriate. Such forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in these statements, including failure to obtain court and stock exchange approvals, failure to obtain the support of the holders of at least two-thirds in principal amount of the Senior Secured Notes and the Senior Notes, failure to obtain any required approvals of Catalyst's securityholders, failure by any union locals at Catalyst's Canadian mills to ratify the new labour agreement and those risks and uncertainties identified under the heading "Risks and Uncertainties" in Catalyst's management's discussion and analysis contained in Catalyst's annual report for the year ended December 31, 2010, and our third quarter interim report available at www.sedar.com.
SOURCE Catalyst Paper Corporation

Source: PR Newswire (January 25, 2012 - 5:48 PM EST)

2012-01-23T06:28:00.000-08:00

Verisante Aura Clinical Study Data Analysis Presented at SPIE

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2012) - Verisante Technology, Inc. (TSX VENTURE:VRS)(OTCQX:VRSEF)(PINKSHEETS:VRSEF)(FRANKFURT:V3T) (the "Company" or "Verisante"), a leader in cancer detection technology, today announced the results of the statistical analysis completed by the University of British Columbia ("UBC") on data from a clinical study in which the Verisante Aura was used.

The Aura(TM) is a non-invasive optical system designed as a tool to aid medical professionals in the assessment of suspect skin lesions for diagnosis as either skin cancer or a benign disorder. It uses Raman spectroscopy to biochemically analyze the skin, providing immediate results.

In the study, measurements on over 1,000 lesions were acquired from 848 patients. The analysis presented here is focused specifically on malignant melanoma, squamous cell carcinoma, basal cell carcinoma, actinic keratosis, and benign conditions that can visually mimic skin cancer. The final dataset thus consisted of 518 validated lesions from 453 subjects. The results of the analysis showed that Aura had a sensitivity of 99% with a specificity of 17% in differentiating all major skin cancers from benign lesions. At a sensitivity of 95%, Aura's specificity increased to 41%. For melanoma versus benign lesions, Aura had a sensitivity of 99% with a specificity of 15%. At a sensitivity of 95%, specificity increased to 38%.

The FDA has previously required an endpoint sensitivity of 95% for a device that detects melanoma. An earlier Australian study that found that the clinical diagnosis of skin cancers and pre-cancers was associated with a sensitivity of 63.9% for basal cell carcinoma, 41.1% for squamous cell carcinoma, and 33.8% for malignant melanoma.

"Real-time Raman spectroscopy can distinguish malignant from benign skin lesions with strong diagnostic accuracy when compared to clinical examinations and other optical-based methods," said Dr. Harvey Lui, MD, FRCPC, Director of the Skin Care Centre at Vancouver General Hospital, Dermatologic Oncologist at the BC Cancer Agency, Professor and Head, Department of Dermatology and Skin Science, UBC, and one of the inventors of the Aura. "The results demonstrate the benefits of using the Aura as an objective tool to assist medical professionals in diagnosing skin cancer."

Dr. Haishan Zeng, senior scientist in the Integrative Oncology Department (Imaging Unit) at the BC Cancer Agency and Associate Professor of Dermatology and Skin Science at UBC, presented the results and analysis as an invited keynote speaker on January 22, 2012 at SPIE, an international society advancing an interdisciplinary approach to the science and application of light. The analysis notes numerous studies show a dramatic range of biopsy ratios to rule out melanoma. An Australian study estimated that if all atypical pigmented lesions were to be biopsied to rule out melanoma, the biopsy ratio would be as high as 200:1. Using the Verisante Aura, the biopsy ratio for cancerous versus benign lesions is 1.03 biopsies for each cancerous lesion found.

"Our evaluation of the statistical analysis by UBC is that the Aura will save lives and save money," said Thomas Braun, President and CEO, Verisante. "Even using the most rigorous statistical methods, the results indicate that using the Aura to assist in guiding clinical evaluations could potentially reduce the number of unnecessary biopsies by 50% to 100%. These clinical results show that Aura will make a statistically significant difference in the detection of skin cancer and will support our marketing and distribution efforts in Canada, Europe and Australia. There are over 22,000 dermatologists and over half a million general practitioners in these markets."

Early detection is key to saving the lives of melanoma patients and saving healthcare costs. When melanoma is diagnosed and treated in the earliest stages, the survival rate is 99% and it costs about $1,800 to treat it. In the late stages, the survival rate decreases to 15%, while the cost to treat it increases to $170,000.

Approved for sale in Canada, Europe and Australia, Verisante Aura(TM) is indicated for use for the evaluation of skin lesions that may be clinically suspicious for melanoma, squamous cell carcinoma and/or basal cell carcinoma when a medical professional chooses to obtain additional information to rule out one of the above conditions before making a final decision to biopsy.

The device will help to automate the current process of diagnosis, allowing rapid scanning of the 20 to 40 skin lesions on at-risk individuals, improving patient outcomes and comfort.

About Verisante Technology, Inc.

Verisante is a medical device company committed to commercializing innovative systems for the early detection of cancer. The Verisante Aura(TM) for skin cancer detection and the Verisante Core(TM) series for lung, colon and cervical cancer detection utilize a proprietary cancer detection platform while the operating software and probe technology are unique to each device. The cancer detection platform was developed by the BC Cancer Agency and tested and refined at the Skin Care Centre at Vancouver General Hospital. This exclusive platform technology allows Verisante to develop and offer a range of compact, non-invasive cancer detection devices that offer physicians immediate results for many of the most common cancers. The Aura(TM) has been approved for sale in Canada, Europe and Australia. The Core(TM) has not yet been approved for sale.

Youtube: www.youtube.com/verisante

Twitter: www.twitter.com/verisante

Facebook: www.facebook.com/verisante

Forward Looking Statements

This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of medical devices, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

2012-01-23T06:08:00.001-08:00

Forum Uranium Corp.: Drill Program Commences on Northwest Athabasca Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2012) - Forum Uranium (TSX VENTURE:FDC) -
Key Point Summary

4,000 metre drill program to test fifteen discrete targets defined by gravity and electromagnetic surveys, gravity survey to continue.
Drill targets include unconformity type and basement hosted mineralization, both which currently exist on the project
Property hosts the 1.5 million pound Maurice Bay uranium deposit

Forum Uranium Corp. (TSX VENTURE:FDC) and Mega Uranium Ltd. (TSX:MGA) announce commencement of a 4,000 metre, 16 hole drill program on the Northwest Athabasca property. Eight high priority targets were defined from a gravity survey completed by Forum and Mega in 2011, and are augmented by an additional seven untested targets from electromagnetic surveys completed by Cameco in the period 2005 to 2007. The first drill targets to be tested will be in the area of the Maurice Bay deposit (historical resource* of 1.5 million pounds uranium grading 0.6% U₃O₈). Of particular interest is Zone 2A, which previously returned grades of up to 5.68% U₃O₈ over 8.5 metres, indicative of high grade Athabasca unconformity-style mineralization. Another attractive aspect of this property is that the target depths of the unconformity are shallow, ranging from 0 to 200 metres.
The project is located in the western Athabasca Basin where significant deposits are located, such as UEX's Shea Creek deposit hosting 88 million pounds uranium grading 1.4% U₃O₈ (Indicated and Inferred Resource, UEX website) and Areva's decommissioned Cluff Lake mine which produced 62.5 million lbs of uranium (Cameco website).
Prior work on the Northwest Athabasca project was completed in the late-1970s and early-1980s and concentrated on areas with surface expressions of radioactivity. Recent advances in geophysical techniques and modern theories of unconformity-style uranium deposition are only now being applied to this property.
Forum and Mega Uranium have entered into a 50/50 Joint Venture Agreement to manage the exploration program during the earn-in period with Forum as initial Operator. Forum and Mega can earn a 60% interest from Cameco Corporation on the NW Athabasca project by completing $4 million in exploration over four years and making cash payments of $400,000 over three years of which $60,000 has been paid. This property is surrounded by Forum's 100% owned Maurice Point project which has identified drill targets adjacent to the NW Athabasca property.
Ken Wheatley, P.Geo. (Saskatchewan, Alberta, Nunavut), Vice President, Exploration is the Qualified Person who has reviewed the contents of this news release.
*Historical resource for the Maurice Bay deposit, as reported by Saskatchewan Industry and Resources, Miscellaneous Report 2003-7, has not been calculated or classified under the specifications of National Instrument 43-101 and should not be relied upon.
To view Figure 1 please visit the following link: http://media3.marketwire.com/docs/ForumMap120.pdf
About Forum Uranium
Forum Uranium Corp. is a Canadian-based energy company with a focus on the acquisition, exploration and development of Canadian uranium and rare earth projects. Forum has assembled a highly experienced team of exploration professionals with a track record of mine discoveries for unconformity-style uranium deposits in Canada. The Company has a strategy to discover near surface uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut by exploring on its 100% owned properties and through strategic partnerships and joint ventures. The Company is also evaluating North American rare earth prospects.
ON BEHALF OF THE BOARD
Richard J. Mazur, P.Geo., President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Source: Marketwire Canada (January 23, 2012 - 7:00 AM EST)

In the spotlight

2012-01-21T11:44:00.000-08:00

The Guyana Gold Rush

The Omai district was considered one of the largest in Latin America. Cambior reported production of about 3.7 million ounces including the Fenell pit with 2.37 million ounces with an average grade of 1.5 g/t to a depth of 250 meters. The peak annual production was 354,000 ounces

When I arrived in Georgetown, Guyana I was not sure what to expect. It has the same feel of the Caribbean Islands but you don't see the modern influence of investment in tourism that is seen in some other countries.The people are very happy to deal with foreign investors and they can see that the true strength and future for Guyana is through these relationships.

I spent the first day meeting with the team from Mahdia Gold Corp and some of the local political figures including the Attorney General and the head of the opposition party. Its great to see how they are available to speak on issues regarding the opening of the Omai Mine. I can honestly say that all of the people I spoke with were 100% behind the opening of the mine, The jobs it will create will affect the communities surrounding the mine. I took a small plane and visited the town of Mahdia and could see how a major mining operation could indeed change the landscape of the region in a positive way. Although the roadways were in need of repair there was no lack of new 4x4 trucks throughout the town from small miners who either work along the river bank or had used sluice boxes near the Omai pits. It felt like a town in the midst of a gold rush.

The Omai Mine is in the heart of the Guyana Gold Shield so its not hard to see gold operations peppered along key areas with access for locals. A small sluice operation can yield a couple of ounces a day for one or two workers to share in. I even heard a group of six men dug a trench on a hill side near the Omai camp and with an 8 inch hose they washed the loose soil down to a group near the base who then filtered out 100 ounces over 5-7 days.

On day three in Guyana I jumped on a small plane with some Mahdia Gold Corp crew who were flying in for an event on the site. We were followed in by local officials, Mahdia Gold executives and some well know people in the game of high finance. I did not get a chance to ask them to sign-off for using their names in the article so it may be best to leave it at that. I can say that a quick Google of some of the players on the ground at the Omai would impress you.

We arrived and toured all of the grounds and buildings and I found most were in great shape. A couple of windows were broken on some of the housing units but with little effort these could easily be used. When you stand on the edge of the pits that are now full of water you get a feel for the size of the operation and what still lies in waiting for the crew to discover. While driving around the site we climbed onto a massive hillside that was actually ore taken out of the pits and stockpiled. There could be upwards of 40-50 million tons of it just sitting there. This was the site where Alan Zaakir and David Bending decided to have the ribbon cutting. There was no brass band and fanfare but to the group of approximately 20 standing there we knew we were part of a historical event at that moment.

But the company only has a current market cap of approximately $30 million. This is where the disconnect comes in as far as the price of gold and those who have it. Even if we looked at a bottom end of $50 an ounce in the ground then its a steal IMHO. Although official numbers have not been calculated or released the specualtion has the local communities buzzing.

This will no doubt be a series of articles that captures the progress on site as well as the ongoing work at other Mahdia Gold Corp projects. The company wants to create value and finance in stages on an as needed basis so that they don't dilute the float at lower levels. There is a good game plan here and I think more people will find out as this moves forward. You can definitely feel the excitement not only at the mine site but in the towns and even the capital. One Mahdia employee told me he has had thousands of job applications as people are anxious to work on the site and provide a better life for their family.

The company plans on executing a safe and environment friendly approach to the methods used to extract the gold and the storage of any waste. I couldn't help but get wrapped up in the excitement and the strong work ethics by the team and the geologist leading the whole thing. David Bending is truly living the dream. He wants to be the one to find that next elephant district and if Mahdia Gold Corp expands into the jungle along the the same trend this could be just a start.

The Mahdia team is currently reviewing 62,000 meter of of drilling through the project archives. There could be an opportunity to further expand the current 7282 acre Omai Prospecting License.Three key areas are Wenot West, Wenot Deep and the Fenell Deep targets. Approximately 5 kms of the Wenot trend are unexplored but could represent a high quality opportunity.

Working with AMEC the team is proceeding with a 10,000 meter diamond drill program using three drilling rigs starting in January of 2012. A detailed powerpoint presentation will be on the Mahdia Gold web site and it could be worth the time to go over the details and the plan moving forward. The possibilities have been identified by the team and looking at the current global gold prices Mahdia Gold corp may kick start a modern day gold rush in the country of Guyana. I suspect we will see companies flock to the area so they can stake a claim close to the highly anticipated Omai Mine.

Disclosure: I hold shares in Mahdia Gold Corp, MGD on the CNSX. I may add to my position or sell my position in the future according to my investment needs. This company may not fit your risk level and you should always consult an investment professional before making any decisions to invest money in stocks.

This article should not been seen as an endorsement to buy or sell shares in Mahdia Gold Corp and the use of this blog is dictated by certain conditions as listed on the Traders Digest site. All comments are the opinions of the writer who is not a broker or investment professional as defined by the stock exchanges in the USA or Canada. I was not compensated for writing this article on Mahdia Gold Corp.

2012-01-14T15:53:00.000-08:00

Mahdia Gold gets licence to reopen Omai Mines

January 12, 2012 | By KNews | Filed Under News

Full story link

Mahdia Gold Corporation (MGC) has received approval from the Guyana Geology and

Part of the compound at Omai.

Mines Commission (GGMC) to prospect for gold and precious metals in the Omai Mines, Region Seven.
This was announced Tuesday in a media release by the company. With its prospecting licence, Mahdia Gold will now be able to open the Omai Mines site and begin work on the property.
With the price of gold skyrocketing, the opportunities for the Mahdia Gold Corp could be lucrative. The Mahdia Gold executive team plans to visit the Omai Mines site within the next two weeks to begin activity on the property.
Further exploratory drilling into the bottom of an open pit suggested that there could be an additional deposit of 1.4 million ounces of gold still available for mining by the company.
This is data which was derived from just one pit while the other areas on the mining concession remain to be evaluated.
According to Mahdia Gold Corp, the company is looking forward to a long term successful programme at Omai and is hopeful that the exercise will result in increased yields.
Mahdia Gold is currently reviewing a draft of the ‘geological report.’ A final version will be published immediately upon completion. This report focuses on the Omai mines and will review past performance, current conditions and future potential.
The geological report will serve as a guide to Mahdia Gold as it commences operations on the Omai Mines.
Omai Gold Mines has had a colorful history. Commissioned in 1993, Omai Gold Mines Limited was a consortium between a Canadian company and the government of Guyana. They carried out operations at the Omai Gold Mines with funding from the World Bank and International Monetary Fund.
Located in the Essequibo region, Omai was one of the largest open pit gold Mines in the world. In 1995, however, waste from the mines overflowed the retention dam, and over five days released four million cubic meters of cyanide-bearing tailings into the river that eventually ended up in the Essequibo River.
During that crisis former President Cheddi Jagan declared a stretch of 50 contaminated miles of the Essequibo River as an environmental disaster zone.
The mining company eventually shut down its operations in 2005 and its holdings passed from Cambior Resources to IAMGOLD before it was placed into the hands of MGC.
http://thetradersdigest.blogspot.com/2011/12/what-i-will-be-watching-in-2012.html

Disclosure: I am invested in Mahdia Gold Corp and may add to my position or sell my position depending on my investment needs in 2012.
CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.

2012-01-13T06:46:00.000-08:00

Synchronica Announces Estimated Revenue For 2011

ROYAL TUNBRIDGE WELLS, Jan. 13, 2012 /CNW/ - Synchronica plc ("Synchronica" or "the Company") (AIM: SYNC) (TSX Venture: SYN), the international provider of next-generation mobile messaging services, announces the following trading update for the year ended 31 December 2011.

Synchronica expects to report full year 2011 revenues of approximately US$23 million, which is marginally ahead of market expectations, and represents an increase of some 111 percent when compared to the same period in 2010 (FY 2010: US$10.9m).

Furthermore, according to unaudited data from its internal management reports, Synchronica also announces that subsequent to the significant cost-reduction initiatives recently implemented, the Company was profitable at the EBITDA level for the months of November and December 2011.

It is expected that full audited results will be released to the market during March 2012.

About Synchronica

Synchronica plc is a leading developer of standards-based, next-generation mobile messaging solutions for mobile operators and device manufacturers. The Company's flagship product - Synchronica Mobile Gateway - provides pre-RCS push email, synchronisation, instant messaging (IM), and social networking services to any mobile phone currently in use. Synchronica's patented transcoding technology uses advanced streaming to download email attachments and dramatically reduce the consumption of wholesale network bandwidth by as much as 90 percent.

Synchronica's white-labelled products are licensed by more than 90 mobile operators and eight device manufacturers from emerging and developed markets, delivering mass market messaging services across the entire customer base, providing competitive advantage, diversifying revenues, and reducing churn.

Synchronica is headquartered in the United Kingdom and has a regional presence in Canada, as well as the USA, Hong Kong, Spain, and Dubai. Synchronica also operates dedicated development centres in Germany and the Philippines. A public company, Synchronica is traded on the AIM list of the London Stock Exchange (SYNC) and the Venture Exchange of the Toronto Stock Exchange (SYN). For further information, please visit www.synchronica.com

Cautionary Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of Synchronica. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from Synchronica's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by Synchronica with the TSX Venture Exchange and securities regulators. Synchronica does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

For investor relations enquiries, please contact:

Walbrook PR Ltd +44 (0) 20 7933 8780	Investor Enquiries, UK	Paul Cornelius paul.cornelius@walbrookir.com

TMX Equicom +1 416 815 0700 Ext 290	Investor Enquires, North America	Craig MacPhail cmacphail@equicomgroup.com

For corporate information, please contact:

Synchronica plc +44 (0) 1892 552 720	Chief Executive Officer	Angus Dent

Northland Capital Partners +44 (0) 207 796 8800	Nominated Advisor Corporate Broker	Shane Gallwey; Rod Venables Katie Shelton

Walbrook PR Ltd +44 (0) 20 7933 8780	Media and Analyst Enquiries, UK	Paul McManus paul.mcmanus@walbrookpr.com

TMX Equicom +1 416 815 0700 Ext 290	Media and Analyst Enquiries, North America	Craig MacPhail cmacphail@equicomgroup.com

Canada Newswire

January 13, 2012 - 7:40 AM EST

Stocks to watch

2012-01-12T16:41:00.000-08:00

Golden Fame Resources Corp. Reports Drill Core Assays Up to 26.53 g/t Au, 171.75 g/t Ag and 0.98% Cu Over 1.75 Meters at Algun Dia

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/12/12 -- Golden Fame Resources Corp. (TSX VENTURE:GFA)(FRANKFURT:6GF) ("Golden Fame" or the "Company") is pleased to report that it has received the results of the first three diamond drill holes from their on-going diamond drill program at the Algun Dia multi-element, epithermal vein prospect located near the city of Guanajuato, in the State of Guanajuato, Mexico.
Included in these first holes, of what will be a much larger program consisting of at least 20 holes as a first phase, is a high-grade, gold-silver-copper interval in hole GFAD002: 73.2 g/t gold over 0.6 m (or 26.53 g/t gold over 1.75 m); 348 g/t silver over 0.6 m (or 171.75 g/t silver over 1.75 meters); and 0.98% copper over 1.75 meters between 99.4 and 101.15 meters core length. This anomalous intersection is contained within a 10.15 meter wide interval which assays 4.77 g/t gold, 52.24 g/t silver, and 0.59% copper. Additionally, highly-anomalous copper values, ranging up to 4.07% over a core length of 1.1 meters (GFAD003), with additional highly-anomalous copper zones forming much wider intervals occur throughout the first three holes.
All geochemical anomalies and high-grade assays were returned from the San Cayetano structure, the same structural zone which hosts copper-gold-silver mineralization exploited on a small scale from a 300 meter-long near-surface adit. The structure has a true width of close to 15 meters in drill hole GFAD002 and over 24 meters in GFAD003, significantly thicker than the 10-12 meter true width measured in the adit. The drill hole intersections described below report the geochemical characteristics of the down-dip extension, towards the south, of the 60 to 70 degree dipping vein-structure system. The objective of the drilling program is to determine the lateral and vertical extents, as well as the average grades of copper, silver and gold, from this strongly-developed, multi-elemental hydrothermal system.
Examples of anomalous intervals from the first three holes, all drilled from the same drill location, are described briefly below. Thus it must be kept in mind that the first three holes reported in this press release represent a very spatially restricted panel of the entire, potentially mineralized system. Management considers the fact that highly-anomalous values of copper, gold and silver have been returned from the first three holes, while lacking knowledge of the morphology, especially the plunge, of the system, to be highly-encouraging and worthy of aggressive follow-up drilling.

--------------------------------------------------------------------
                                                        San Cayetano
                                                         mineralized
Drill Hole           Pad     Azimuth         Dip   structure (m) (i)
--------------------------------------------------------------------
GFA001              0+00          72         -70                 8.9
--------------------------------------------------------------------
GFA002              0+00          20         -50                14.8
--------------------------------------------------------------------
GFA003              0+00          20         -70               30.15
--------------------------------------------------------------------
GFA004              0+00          20         -90      Assays pending
--------------------------------------------------------------------
                                                                            
                                              (i) apparent thickness

Hole GFAD001: 21.0 meters averaging 0.17 g/t gold, 14.53 g/t silver, and 0.64% copper between 107 and 128.0 m; including 7.0 meters averaging 9.83 g/t silver and 0.85% copper between 107.0 and 114.0 meters; and including 6.0 meters averaging 0.49 g/t gold, 31.6 g/t silver and 0.97% copper. The most significant precious metals interval was 3.0 meters averaging 0.89 g/t gold, 53.03 g/t silver and 1.47% copper between 124 and 127 meters, including 2.0 meters averaging 1.2 g/t gold, 48.55 g/t silver and 0.78% copper between 125 and 127 meters.
Hole GFAD002: 16.65 meters averaging 2.95 g/t gold, 36.50 g/t silver, and 0.48% copper between 84.5 and 101.15 meters, including 7.5 meters averaging 6.44 g/t gold, 64.29 g/t silver, and 0.74% copper between 93.65 and 101.15 meters, and including 1.75 meters averaging 26.53 g/t gold, 171.75 g/t silver, and 0.98% copper between 99.4 and 101.15 meters. The highest silver grades occur in the 10.15 meter interval between 91.0 and 101.15 meters, where the mineralization averages 4.77 g/t gold, 52.24 g/t silver, and 0.59% copper.
Hole GFAD003: Within the main San Cayetano structure a 2.95 meter intersection between 101.85 and 104.8 meters averaged 0.61 g/t gold, 51.71 g/t silver, and 1.21% copper. This is contained within a larger interval of 24.25 meters, between 92.9 and 117.15 meters, which averages 0.24 g/t gold, 20.94 g/t silver, and 0.42% copper. Higher in the hole, at 77.15 - 78.25 meters, a 1.1 meter interval assayed 0.17 g/t gold, 34 g/t silver and 4.07% copper.
"We are very excited to have shown that the mineralization which occurs at surface and in the very limited underground workings near surface, continues down the dip of the San Cayetano vein-structure and that the thickness of the structure remains robust," stated Graham Clark, CEO of Golden Fame. "These results are from just the first three holes of what is planned to be a 10,000 meter first phase drill program which will be ongoing into at least the end of the first quarter of 2012. The Company will be providing news on a timely basis as our drilling program continues and geochemical results are returned."
The San Cayetano structure is a zone of intense silicification and brecciation which can be traced on surface for approximately 1 km. Multiple periods of structural preparation, quartz veining and mineralization can be documented. Chalcopyrite (copper) mineralization appears to have been introduced earlier, with gold and silver introduced later.
The San Cayetano structure, which hosts the geochemically anomalous gold, copper and silver, varies between 9 and 30 meters in thickness and has been intersected only to a maximum depth of 110 meters below the surface in these first three holes.
All three holes were drilled from a single site. Hole GFAD001 was oriented east-northeast at a bearing of 070 degrees to twin a historic drill hole for which verifiable data was not available. Holes GFAD002 and GFAD003 were oriented at 020 degrees, approximately perpendicular to the strike of the surface-outcropping, historically small-scale mined, copper-gold-silver mineralized epithermal system. These latter two holes intersected the down-dip extension of the surface mineralization beginning at 86.4 and 87.4 meters, respectively.
These initial results, the first to be returned, are considered highly encouraging by Golden Fame management and verify that the surface mineralization continues at depth. The first phase of drilling will test surface-exposed Cu-Ag-Au mineralization which has a known strike length of approximately 1,300 meters to a depth of up to 200 meters below surface. The limited historical underground excavations have demonstrated that the main, mineralized structural zone (the San Cayetano Zone) has a true thickness of over 10 meters, and dips at a moderate angle to the southwest. Intersections from the first three holes indicate that the mineralized structure has a width of between 9 and 30 meters and is comprised of multiple pulses of quartz veining, silicification, the development of crackle breccias and visible, widespread chalcopyrite mineralization.
Below are the individual assay values used to calculate the weighted average intersections reported in this press release, as well as a list of the weighted average intersections themselves.

-------------------------------------------------------------------------
Raw Assays - Holes GFAD001, GFAD002, GFAD003                             
-------------------------------------------------------------------------
                   From        To    Length        Au        Ag          
Hole ID              (m)       (m)       (m)      ppm       ppm      Cu %
-------------------------------------------------------------------------
GFAD001           104.3       105       0.7      0.03      11.1      0.16
GFAD001             105       106         1     0.009         3      0.16
GFAD001             106       107         1     0.009       2.4      0.31
GFAD001             107       108         1     0.009       6.2      1.76
GFAD001             108     108.8       0.8      0.01         4      0.39
GFAD001           108.8     109.6       0.8      0.01       3.8      0.01
GFAD001           109.6     110.6         1      0.01       9.7      0.62
GFAD001           110.6       112       1.4     0.009       6.3      0.30
GFAD001             112     112.8       0.8     0.009       8.5      0.19
GFAD001           112.8       114       1.2      0.04      25.9      2.24
GFAD001             114       115         1     0.009       4.8      0.20
GFAD001             115       116         1     0.009       1.5      0.02
GFAD001             116       117         1      0.39       4.1      0.06
GFAD001             117       118         1     0.009       9.9      0.78
GFAD001             118       119         1     0.009       1.9      0.03
GFAD001             119     120.1       1.1     0.009       1.8      0.03
GFAD001           120.1       121       0.9      0.01      22.8      0.58
GFAD001             121       122         1     0.009       2.1      0.06
GFAD001             122       123         1      0.01       8.5      0.49
GFAD001             123       124         1      0.22      15.9      0.39
GFAD001             124       125         1      0.28        62      2.84
GFAD001             125       126         1      1.22      57.9      1.24
GFAD001             126       127         1      1.18      39.2      0.32
GFAD001             127       128         1      0.02         6      0.53
GFAD001             128       129         1      0.01       4.1      0.17
-------------------------------------------------------------------------
GFAD002            84.5      85.3       0.8       0.5      49.8      0.95
GFAD002            85.3        86       0.7      0.01       1.5      0.10
GFAD002              86     86.35      0.35      0.01       1.1      0.02
GFAD002           86.35     86.65       0.3      0.01       3.6      0.12
GFAD002           86.65        87      0.35      0.06      17.8      0.26
GFAD002              87     87.46      0.46      0.01         4      0.39
GFAD002           87.46      88.5      1.04      0.17      12.3      0.59
GFAD002            88.5        89       0.5      0.02       4.6      0.25
GFAD002              89        90         1      0.08       4.4      0.07
GFAD002              90        91         1      0.04       7.5      0.06
GFAD002              91        92         1      0.07      30.6      0.24
GFAD002              92      92.9       0.9      0.01       3.9      0.06
GFAD002            92.9     93.65      0.75      0.03      18.6      0.17
GFAD002           93.65     94.65         1      0.33      78.2      1.57
GFAD002           94.65        95      0.35      0.35      16.5      0.94
GFAD002              95      96.1       1.1      0.02       8.9      0.24
GFAD002            96.1      96.4       0.3      0.53      33.9      0.87
GFAD002            96.4        97       0.6      0.22      20.4      0.42
GFAD002              97        98         1      0.02      18.2      0.28
GFAD002              98        99         1      0.94      43.7      0.73
GFAD002              99      99.4       0.4      0.43       8.8      0.46
GFAD002            99.4       100       0.6      73.2       348      1.56
GFAD002             100    101.15      1.15      2.18      79.8      0.67
-------------------------------------------------------------------------
GFAD003            92.9      93.3       0.4      0.01         4      0.14
GFAD003            93.3        94       0.7      0.02         4      0.12
GFAD003              94     94.85      0.85      0.04        12      0.12
GFAD003           94.85      95.2      0.35      0.15        55      1.87
GFAD003            95.2      95.6       0.4      0.33        55      0.32
GFAD003            95.6     95.85      0.25      0.02        31      0.68
GFAD003           95.85        96      0.15      0.05         6      0.04
GFAD003              96        97         1      0.02         3      0.14
GFAD003              97      97.6       0.6      0.01         4      0.11
GFAD003            97.6        98       0.4     0.009         2      0.03
GFAD003              98        99         1      0.11        19      0.33
GFAD003              99       100         1      0.14        47      0.56
GFAD003             100     100.5       0.5      0.05         8      0.09
GFAD003           100.5       101       0.5      0.03         8      0.15
GFAD003             101    101.85      0.85      0.07         8      0.26
GFAD003          101.85     102.2      0.35      0.12        71      2.42
GFAD003           102.2       103       0.8      0.01         6      0.16
GFAD003             103     103.7       0.7      0.01         9      0.37
GFAD003           103.7     104.8       1.1      1.59       106      2.13
GFAD003           104.8     105.7       0.9     0.009         2      0.03
GFAD003           105.7    106.45      0.75      0.15        16      0.55
GFAD003          106.45    106.95       0.5      0.07        27      0.56
GFAD003          106.95     107.2      0.25      0.06        53      1.26
GFAD003           107.2       108       0.8      0.19        25      0.82
GFAD003             108       109         1      0.18         6      0.25
GFAD003             109       110         1      0.06        11      0.24
GFAD003             110       111         1      0.04         7      0.23
GFAD003             111       112         1      0.01         2      0.08
GFAD003             112       113         1      0.03         5      0.19
GFAD003             113       114         1      0.22        12      0.29
GFAD003             114     114.9       0.9      0.06         5      0.11
GFAD003           114.9       116       1.1      0.21        17      0.35
GFAD003             116    117.15      1.15      1.92        67      0.45
-------------------------------------------------------------------------
                                                                         
                                                                         
-------------------------------------------------------------------------
Weighted Average Intersections - Holes GFAD001, GFAD002, GFAD003         
-------------------------------------------------------------------------
                   From        To    Length        Au        Ag          
Hole ID              (m)       (m)       (m)      g/t       g/t      Cu %
-------------------------------------------------------------------------
GFAD001              63        67      4.00      0.04     15.75      0.29
GFAD001             107       128     21.00      0.17     14.53      0.64
GFAD001   inc       107       114      7.00      0.01      9.83      0.85
GFAD001   inc       122       128      6.00      0.49     31.58      0.97
GFAD001   inc       124       127      3.00      0.89     53.03      1.47
GFAD001   inc       125       127      2.00      1.20     48.55      0.78
-------------------------------------------------------------------------
GFAD002            84.5    101.15     16.65      2.95     36.50      0.48
GFAD002   inc        91    101.15     10.15      4.77     52.24      0.59
GFAD002   inc     93.65    101.15      7.50      6.44     64.29      0.74
GFAD002   inc      99.4    101.15      1.75     26.53    171.75      0.98
-------------------------------------------------------------------------
GFAD003              61        63      2.00      0.02     16.00      0.21
GFAD003              76     78.25      2.25      0.10     18.16      2.09
GFAD003   inc     77.15     78.25      1.10      0.17     34.00      4.07
GFAD003            92.9    117.15     24.25      0.24     20.94      0.42
GFAD003   inc     94.85     95.85      1.00      0.19     49.00      0.95
GFAD003   inc        99       108      9.00      0.26     30.54      0.68
GFAD003   inc    101.85     104.8      2.95      0.61     51.71      1.21
GFAD003   inc     103.7     104.8      1.10      1.59    106.00      2.13
GFAD003   inc       116    117.15      1.15      1.92     67.00      0.45
-------------------------------------------------------------------------

The Company has planned a 10,000 meter drill program, currently underway with two drills, with the objective of proving continuity, both laterally and at depth, and grades of copper, silver and gold within the San Cayetano structural zone.
For details regarding the Algun Dia project, refer to Golden Fame's recent press releases, and the Company's website at www.goldenfameresources.com.
Geochemical sample preparation and analyses of drill core are being performed by ALS Chemex Laboratories located in Guadalajara, Mexico and North Vancouver. Strict sample handling and sample QAQC protocols have been implemented. New core logging and storage facilities have been constructed at site and applications have been submitted for the initiation of underground excavations, which will consist of extending the existing 200 meter-long horizontal adit the full length of the mineralized structure, and the construction of a spiral ramp down the dip of the mineralization. The Company has also established an office near Guanajuato.
The Company also announces that Brian DeBeck was elected as a director of the Company at its Annual General Meeting. Mr. DeBeck most recently held the position of Provincial Representative of the Retail Wholesale Union from 1998 until his retirement in 2011.
Lawrence Dick, Ph.D., P.Geo, a Director of the Company and a Qualified Person as defined by NI43-101, prepared this news release and has verified the data disclosed.
About Golden Fame Resources Corp.
The focus of Golden Fame is to explore historically-productive gold, silver and copper properties and advanced exploration prospects. We believe that prospects identified by Golden Fame will have higher potential to become economically-viable deposits through the application of sound exploration principles, geological imagination and interpretation through years of experience and discovery by our principals, and adequate financing. The Company is well funded, having completed a $7.1 million financing in June 2011.
On Behalf of the Board of Directors,
GOLDEN FAME RESOURCES CORP.
Graham M. Clark Jr., President, CEO and Director
Forward-looking information
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation), including without limitation statements as to the planned 10,000 meter first phase drill program consisting of at least 20 holes. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, the ability to complete the drilling program as currently contemplated and the receipt of successful results as drilling proceeds.
Contacts:
Golden Fame Resources Corp.
Steven Green
VP Exploration
604.688.9588
www.goldenfameresources.com

Marketwire

January 12, 2012 - 9:40 AM EST

Setting a new standard

2012-01-11T21:26:00.000-08:00

Canadian Cancer Society Names Verisante Core a Top 10 Cancer Breakthrough of 2011

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/09/12 -- Verisante Technology, Inc. (TSX VENTURE:VRS)(OTCQX:VRSEF)(PINKSHEETS:VRSEF)(FRANKFURT: V3T) (the "Company" or "Verisante"), a leader in cancer detection technology, announced today that a research study using its Laser Raman Spectroscopy was named as one of the Canadian Cancer Society's 10 research achievements for 2011.
"2011 has been a very exciting year for cancer research," said the Canadian Cancer Society's Sarah Bouma. "Society funded researchers have made tremendous gains, particularly in clinical trials. Research advances across the country are impacting the lives of people living with cancer, their families and caregivers."
In July 2011, Verisante announced the results of a pilot study on lung cancer detection led by Dr. Stephen Lam and Dr. Haishan Zeng and conducted at the Lung Centre at Vancouver General Hospital. Results were published in the Journal of Thoracic Oncology. The study, funded by the Canadian Cancer Society, used the Verisante Core's Laser Raman Spectroscopy System, which was able to detect pre-cancerous lung lesions with 96 percent sensitivity and 91 percent specificity when used in combination with existing methods. The application of the Core could improve early detection of lung cancer and reduce the number of false positives associated with other methods.
The Canadian Cancer Society's recognition comes soon after editors of Popular Science magazine named Verisante's Aura(TM) device for skin cancer detection as a top technology innovation of 2011, receiving one of the magazine's coveted "Best of What's New" Awards.
"The recent accolades from the Society and Popular Science for Verisante technologies reflects our commitment to helping healthcare providers save lives through the early detection of some of the common forms of cancer," said Thomas Braun, Verisante President and CEO.
For further information, please see the Canadian Cancer Society's media release and Top 10 Breakthrough fact sheet.
About Verisante Technology, Inc.
Verisante is a medical device company committed to commercializing innovative systems for the early detection of cancer. The Verisante Aura(TM) for skin cancer detection and the Verisante Core(TM) series for lung, colon and cervical cancer detection utilize a proprietary cancer detection platform while the operating software and probe technology are unique to each device. The cancer detection platform was developed by the BC Cancer Agency and tested and refined at the Skin Care Centre at Vancouver General Hospital. This exclusive platform technology allows Verisante to develop and offer a range of compact, non-invasive cancer detection devices that offer physicians immediate results for many of the most common cancers. The Aura(TM) has been approved for sale in Canada, Europe and Australia. The Core(TM) has not yet been approved for sale.
Youtube: www.youtube.com/verisante
Twitter: www.twitter.com/verisante
Facebook: www.facebook.com/verisante
Forward Looking Statements
This release contains forward-looking statements, including, but not limited to, statements regarding the future commercialization of medical devices, the market demand for these products and the proprietary protections the Company will obtain with regard to the technology, all of which statements are subject to market risks, and the possibility that the Company will not be able to obtain patent protection or obtain sufficient customer demand. These statements are made based upon current expectations and actual results may differ from those projected due to a number of risks and uncertainties.
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Contacts:
Verisante Technology, Inc.
Thomas Braun
President & CEO
(604) 605-0507
info@verisante.com
www.verisante.com

Marketwire

January 9, 2012 - 12:42 PM EST

Heading into production?

2012-01-09T15:23:00.000-08:00

Mahdia Gold Corp.: OMAI Prospecting Licence Approved

TORONTO, ONTARIO--(Marketwire - Jan. 9, 2012) - Mahdia Gold Corp. (CNSX:MGD) ("MGC") is a publicly listed corporation on the Canadian National Stock Exchange ("CNSX") and trades under the symbol MGD. MGC's website can be found at www.mahdiagold.com. The website of the CNSX exchange is www.cnsx.ca.

Mahdia Gold is very pleased to announce that the company has formally received a notice from the Guyana Geology and Mines Commission approving Mahdia Gold's application for a Prospecting Licence for gold and precious metals in the OMAI mine.

Mahdia Gold will now be able to open the OMAI mine site and begin working on the property. The Mahdia Gold executive team plans to visit the Omai mine site within the next two weeks and to soon thereafter begin activity on the property with men and machinery.

Mahdia Gold is looking forward to a long term successful program at the OMAI and is hopeful that this exercise will result in increased yield and value for all our shareholders.

Mahdia Gold is currently reviewing a draft of the AMEC geological report. A final version will be published immediately upon completion. This report focuses on the OMAI mine and will review past performance, current conditions and future potential of the mine. The AMEC geological report will serve as a guide to Mahdia Gold as we commence our operations on the Omai mine.

To view some photos of OMAI mine site infrastructure, please visit the following link: http://media3.marketwire.com/docs/109mgd_photos.jpg

Mahdia Gold Corp currently has 108,304,520 shares outstanding.

NO SECURITIES REGULATORY AUTHORITY OR STOCK EXCHANGE HAS APPROVED OR DISAPPROVED OF THE INFORMATION CONTAINED IN THIS PRESS RELEASE.

Synchronica Expands

2012-01-05T20:27:00.000-08:00

Synchronica Wins Expansion Order from Operator in the Middle East

the international provider of next-generation mobile messaging
Synchronica plc ("Synchronica") (AIM: SYNC) (TSX Venture: SYN),
solutions, has received an expansion order from an existing mobile
operator customer based in the Middle East. This is the third
significant order for Synchronica from the Middle East in just seven
months.
The order for additional Mobile Gateway user licences, with a value of
US$ 740,000, follows an initial US$ 1.5 million order for licences
received in December 2010. Mobile Gateway enables the operator to offer
mass-market messaging services including push email and instant
messaging.
According to a recent study from Effective Measure, a specialist in
online audience measurement, 71 per cent of Middle Eastern mobile
internet users rank email as their most important online activity,
followed by access to social networking services. The Middle East and

Africa region is forecast to attract 53.8 million mobile email users by

2014 according to Gartner, and is expected to achieve revenues of US$

2.5 billion.

Synchronica CEO, Carsten Brinkschulte comments: "This is the second
significant expansion order to come from the Middle East this year, and
provides a resounding validation of Synchronica's success in the
region. As the market leading product for mobile messaging in emerging
markets, Mobile Gateway provides subscribers with access to their
favourite Internet communities, regardless of the type of mobile phone
they own - an incredibly strong proposition for operators who wish to
provide advanced services to a mass-market low ARPU base."
Synchronica's Mobile Gateway provides push email and mobile
synchronisation services in addition to instant messaging, news feeds
and access to popular social networking sites. Mobile Gateway is based
on industry standards and requires no additional software client to be
downloaded to the handset and enables push email for the broadest range
of handsets, from high-end Smartphones to low-cost, entry-level
devices.
About Synchronica
Synchronica plc is a leading developer of next-generation mobile
messaging solutions. Synchronica's customer base comprises more than 80
mobile operators and eight device manufacturers worldwide (as at 30
March 2011). Synchronica's total addressable end-user market, based on
mobile operator deployments, was 1.3 billion (as at 31 December 2010).
Mobile Gateway, Synchronica's flagship product, provides push email,
synchronization, instant messaging (IM), and social networking services
to any mobile phone currently in use. Synchronica's patented
transcoding engine uses advanced streaming to download email
attachments and can dramatically reduce the consumption of network
bandwidth by as much as 90 percent.
Mobile operators and device manufacturers from emerging and developed
markets rely on Synchronica's white-labelled product for providing mass
market messaging services across the entire customer base, diversifying
revenues and reducing churn.
Headquartered in England, Synchronica also maintains a development
centre in Germany and the Philippines in addition to a regional
presence in Canada, the USA, Hong Kong, Spain, and Dubai. Synchronica
plc is a public company traded on the AIM list of the London Stock
Exchange (SYNC) and the Venture Exchange of the Toronto Stock Exchange
(SYN). For further information, please visit www.synchronica.com
Cautionary Statements
The foregoing information may contain forward-looking statements
relating to the future performance of Synchronica plc. Forward-looking
statements, specifically those concerning future performance or
results, are subject to certain risks and uncertainties, and actual
results may differ materially from Synchronica's plans and
expectations. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the public filings and
announcements made by Synchronica, including those made with AIM, a
market of the London Stock Exchange, with the TSX Venture Exchange or
with securities regulators. Synchronica does not assume any obligation
to update or revise its forward-looking statements, whether as a result
of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained herein.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2011/25/c7030.html

Buy-Out Target?

2012-01-03T08:31:00.000-08:00

Synchronica plc

("Synchronica" or "the Company")

Statement re Possible Offer

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=GB00B5BPX877GBGBXAIM

The Board of Synchronica (AIM: SYNC) (TSX Venture: SYN) announces that it received an approach from a competitor, Myriad Group AG ("Myriad"), regarding a possible offer by Myriad for the Company. The initial approach was rejected, but Myriad has indicated to the Company that they intend to revise the terms of their potential offer and the board of Synchronica considers it appropriate to receive and consider the revised terms before determining whether to terminate discussions.

In accordance with Rule 2.6(a) of the Code, Myriad must, by not later than 5.00 p.m. on 31 January 2012, either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code.

This is an announcement falling under Rule 2.4 of the City Code and does not constitute an announcement of a firm intention to make an offer or to pursue any other transaction under Rule 2.7 of the City Code. Accordingly, Synchronica shareholders are advised that there can be no certainty that a formal offer for Synchronica will be forthcoming.

A further announcement will be made in due course.

For corporate information, please contact:

Synchronica plc +44 (0) 1892 552 720	Chief Executive Officer	Angus Dent
Northland Capital Partners +44 (0) 207 796 8800	Nominated Advisor Corporate Broker	Shane Gallwey; Rod Venables Katie Shelton
Walbrook PR Ltd +44 (0) 20 7933 8780	Media and Analyst Enquiries, UK	Paul McManus paul.mcmanus@walbrookpr.com
TMX Equicom +1 416 815 0700 Ext 290	Media and Analyst Enquiries, North America	Craig MacPhail cmacphail@equicomgroup.com

About Synchronica
Synchronica plc is a leading developer of standards-based, next-generation mobile messaging solutions for mobile operators and device manufacturers. The Company's flagship product - Synchronica Mobile Gateway - provides pre-RCS push email, synchronisation, instant messaging (IM), and social networking services to any mobile phone currently in use. Synchronica's patented transcoding technology uses advanced streaming to download email attachments and dramatically reduces the consumption of wholesale network bandwidth by as much as 90 percent.
Synchronica's white-labelled products are licensed by more than 90 mobile operators and eight device manufacturers from emerging and developed markets, delivering mass market messaging services across the entire customer base, providing competitive advantage, diversifying revenues, and reducing churn.
Synchronica is headquartered in the United Kingdom and has a regional presence in Canada, as well as the USA, Hong Kong, Spain, and Dubai. Synchronica also operates dedicated development centres in Germany and the Philippines. A public company, Synchronica is traded on the AIM list of the London Stock Exchange (SYNC) and the Venture Exchange of the Toronto Stock Exchange (SYN). For further information, please visit www.synchronica.com

Investment Plan?

2011-12-31T08:32:00.000-08:00

THE LOTTERY

I was watching a lottery commercial on TV and I thought about the mixed messages it was sending to the hard working people watching it. They were showing an older couple riding a touring bike through the mountains and in the background you could hear them describe how they won the lottery. So they were showing how they had the financial freedom to tour the country on a motorbike at 60 years of age only because they won the lottery?

This is actually a sad image to me. All these hard working people that are plugging away and slowly adding to a mutual fund may never have that sense of financial freedom then. If this commercial is right then all we can hope for is to win the lottery. I am glad I invest in my own future. I pick the companies that will carve out my pension.

The markets can give you an edge that you can probably only find with a lottery win or a casino jackpot. At one point it was the wealthy in society who went around buying stocks and growing with the demand on certain sectors. Now this power is in the hands of so many and of course with power comes greed. Not all men harness this power well and some let it go to their head thinking everything they touch will turn to gold.

Lets look at what a real lottery win on the markets is all about. When you read about a lottery win on the bullboards the person writing is probably describing a company that could align its business plan and be a 10 or even a 100 bagger. In reality though the odds may not be far off from a true lottery. These lottery picks attract small retail investors who want to short cut all the hard work and just get a big winner now. It could happen, but its more than a long shot if you ask me.

The company has to have all the key ingredients for it to succeed otherwise its counting on its own lottery of random selection. There needs to be a solid business plan that outlines where the value and growth will come from. There needs to be a strong management team in place to put the plan in motion and a seasoned CEO to make sure they are always on the right course.If you are a professional driver in a race you need to identify the curve in the road ahead and plan for your move at the apex and at that precise moment you throw on the gas and launch towards the finish line.Can your company do that?

Search for true value and not for over-hyped stories. As we approach 2012 I have started seeing bullboard posters hyping stock using Nostradamus as the theme in an attempt to show the company as a global event. In reality the effect may be catastrophic in nature as well. These guys have merely polished the old "back up the truck" pump that was used in the past. The intent is to bring excitement and more buyers and not to shed light on the story by presenting facts.

With 2012 so close now have a look back a couple of weeks to my watch list. Some key companies have started to hit that curve in the road and the "Apex" is in sight", the next move could be the one that sets the company apart from all of the others you have read about in recent weeks or months. My wild card picks are almost like lottery picks. The risk is high but the reward can be as well. As for the other 10 companies you should have a look at their recent news again as well as their chart. Don't be the person in that commercial waiting for a lottery ticket to get you into a position of financial freedom. As well you need to do your own due diligence on any investment or seek out the advice of an investment professional. My watch list may not fit into your style or level of risk. I don't stick to one sector and I look for a lot of other key indicators when selecting companies to watch.
http://thetradersdigest.blogspot.com/2011/12/what-i-will-be-watching-in-2012.html

Royal Coal Rebounds

2011-12-28T08:06:00.001-08:00

December 28, 2011 10:49 ET

Royal Coal Reports Coal Sales Contacts for 2012

TORONTO, ONTARIO--(Marketwire - Dec. 28, 2011) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
Royal Coal Corp. ("Royal Coal") (TSX VENTURE:RDA)(FRANKFURT:RLC), a US Central Appalachian producer of high BTU, low sulphur thermal coal, is pleased to announce that it has secured coal sales contracts for 234,000 tons to be delivered over a 12 month period commencing January 2012. These contracts provide for the delivery of run-of-mine coal at an average sales price of US$85/ton with delivery at mine site.
"These contracts are very attractive and give the company a solid foundation of sales for the upcoming year" commented Tom Griffis, Chairman of Royal Coal. "The company is pursuing increased production from its own operations and permits as well as the potential of additional production through the acquisition of new assets. Royal Coal also anticipates new term contacts to be signed over the coming weeks for additional sales in 2012."
About Royal Coal
Royal Coal is a coal exploration and production company, headquartered in Toronto, Ontario, Canada with a regional office in Hazard, Kentucky, U.S.A. whose primary business focus is developing producing surface coal mining operations in the Central Appalachian coal producing region of the United States, which includes parts of West Virginia, Virginia, Kentucky, Ohio, and Tennessee.
This release contains "forward-looking information" that includes information relating to future events and future financial and operating performance. Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. Forward-looking information should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by which, that performance or those results will be achieved. Forward-looking information is based on information available at the time it is made and/or management's good faith belief as of that time with respect to future events, and such information is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking information. Important factors that could cause these differences include but are not limited to: pricing and assumptions and projections concerning reserves and/ or resources in our mining operations; changes in contracted sales, the business of the Company may suffer as a result of uncertainty surrounding the coal market; the Company may be adversely affected by other economic, business, and/or competitive factors; the worldwide demand for coal; the price of coal; the price of alternative fuel sources; the supply of coal and other competitive factors; the costs to mine and transport coal; industry competition; the Company's ability to continue to execute its growth strategies; the Company's ability to complete planned acquisitions; and general economic conditions. You should not put undue reliance on any forward-looking information. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking information, no inference should be drawn that we will make additional updates with respect to those or other forward-looking information. The company cautions readers that forward-looking statements, including without limitation those relating to the company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

2011-12-27T16:11:00.000-08:00

Verisante Operational Update

Brian Marckx, CFA
http://www.zacks.com/stock/news/66924/+Verisante+Operational+Update

Verisante Technology Inc. (VRSEF / V.VRS) provided an operational update last week, offering insight into progress on several fronts. Perhaps the most noteworthy of which is a meeting with the FDA, expected in Q1 2012, for initial discussions on the regulatory approval pathway for Aura. As a reminder, Aura recently was CE Marked for sale in Europe and also just received approval to be marketed and sold in Australia and Canada. As we detailed in our February 2011 initiation report on Verisante, we expect an FDA approval filing will need to be in the form of a PMA, supported with data from additional clinical testing - this pre-IDE meeting with U.S. regulators will hopefully provide guidance on the regulatory pathway as well as what the FDA will be looking for in regards to supporting data/information. Our current (as well as initial) assumptions are that Aura could be on the U.S. market by 2014.
The recent update also notes that;

Verisante is in the process of selecting distributors and expects to launch Aura in Canada, Germany, Austria, Switzerland and Australia in the second half of 2012. This is slightly later than our early 2012 prior estimate, although given that we model only minimal sales in 2012 as a whole, the difference at this juncture is relatively immaterial

Verisante is still awaiting publication of the analysis of the Aura trial data (i.e. – ~1,000 lesion data) and will announce the results when given the green-light

Verisante has begun the registration process to sell Aura in Mexico and Brazil. The company hopes to obtain registration in Mexico in 2012 and Brazil possibly in late 2013

Verisante continues to present at various conferences throughout the world, raising awareness about Aura which will hopefully allow them to hit the ground running when commercial sales commence. We’ll be catching up with Thomas Braun at the J.P. Morgan healthcare conference during the second week of January.
We continue to cover the company with an Outperform rating and $2.60 price target.

Please email scr@zacks.com with VRS as the subject to request a free copy of the full research report.To view our most recent research reports and subscribe to our daily morning email alert, visit http://scr.zacks.com/.
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