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PENNY STOCKS IN PLAY (CANADIAN)
4:52 EST - TAG Oil Ltd. : announced that the drilling of the Cheal A6
well reached a total depth of 1930 meters on June 26th, 2008. The well
intercepted an oil bearing MM3 Formation as planned at approximately 1818 meters
measured depth, but the net sand interval was interpreted as thinner than
prognosed and would be uneconomic to complete. The Cheal A6 and A6ST wells were
targeting a separate lobe of sand from the main Cheal "A" Pool while Cheal A7 is
a step-out well targeting an extension of the same pool containing the
successful Cheal A3 and A4 wells. TAG Oil Ltd.
(TSX
VENTURE:TAO) shares closed up $0.02
at
$0.175. Shares closed up 13 per
cent on the day.
4:55 EST - Nortec Ventures Corp. : announced the commencement of Phase
III 3000 metre diamond drilling program on the Kaukua Platinum - Palladium -
Gold (PGE + Au) - Nickel - Copper Property in Northeastern Finland. The Company
has the option to increase the drilling by another 5000 metres. Highlights of
the drilling program so far include hole Kau08-013 intersecting 31.0m at 2.30g/t
PGE + Au, 0.21% Copper, 0.12% Nickel from 141.5m, including 5.5 metres at
6.26g/t PGE + Au, 0.53% Copper, 0.22% Nickel. Nortec Ventures Corp.
(TSX
VENTURE:NVT) shares closed up $0.025 at
$0.31.
11:54 EST - Noront Resources Ltd. : announced the results of an
initial resource estimate by P&E Mining Consultants Inc. on its recently
discovered Eagle One Cu-Ni-PGE Deposit, lying within the Double Eagle Project
located in the James Bay Lowlands, northeastern Ontario. Significant sulphide
mineralization was outlined on nominal 50-metre spaced sections over dip lengths
of up to 225 metres that can be projected to 200 metres of strike length. The
identification of significant high grade massive and disseminated sulphide
resources at Eagle One clearly demonstrate that systematic exploration of other
targets in the Ring of Fire area will be the most significant creator of value
for Noront. Noront Resources Ltd.
(TSX
VENTURE:NOT) shares are trading even
at
$2.70.
11:57 EST - Mill Bay Ventures Inc. : announced that the Company has
received a priority comfort letter from the Ministry of Energy and Resources of
Saskatchewan with regards to two of four township applications made on May 22,
2008 on behalf of Mill Bay encompassing 18,432 hectares (45,545.47 acres) of a
total of 36,864 hectares (91,090.94 acres) ground west of Hudson Bay,
Saskatchewan. The Company has been encouraged by the recent coal discovery in
the area by Goldsource Mines Inc. which confirms the regional potential for coal
deposits and suggests a much larger coal system. In the event the applications
are successful, Mill Bay plans to diligently explore the acreage.. Mill
Bay Ventures Inc.
(TSX
VENTURE:MBV) shares are trading up $0.025 at
$0.125. Shares are trading up 25
per cent on the day.
YESTERDAY'S PENNY STOCKS IN PLAY
4:42 EST - OPEL International Inc. : announced that it was awarded an
initial trial order from Dass Tech Co. Ltd., and Taiho Solar Co., Ltd. of South
Korea, leading developers and manufacturers of high efficiency solar inverters
that are deployed in South Korea, Eastern Asia and Europe. This 10kW order is
for the initial phase of planned solar power grid field deployments in South
Korea that are currently expected to exceed 10MW. Further out, Dass Tech and
Taiho Solar are planning solar grid field deployments in their other existing
markets in Asia and Europe. OPEL International Inc.
(TSX
VENTURE:OPL) shares closed down $0.02
at
$0.68.
4:44 EST - Opsens Inc. : announced its quarterly financial results for
the three and nine-month periods ended May 31, 2008. The Company generated
$890,000 in sales for the three-month period ended May 31, 2008, compared to
$187,000 for the three-month period ended May 31, 2007, registering an increase
of 376%. The growth in sales for the three-month period ending May 31, 2008, was
due to organic growth within the medical instrument, and scientific and military
laboratory sectors, as well as in the high-power electrical transformer
industry. Also responsible was the acquisition of a wholly-owned oil and gas
subsidiary company, based in Edmonton. Opsens Inc.
(TSX
VENTURE:OPS) shares closed even at
$1.05.
11:34 EST - Bard Ventures Ltd. : announced an update of the 2008
exploration activities on its 3,155 hectare Lone Pine Molybdenum Property.
Drilling highlights included 240m of 0.06% Molybdenum in BDQ-08-01 including 42m
of 0.10% Molybdenum and 8m grading 2.02g/t Gold in BDQ-08-02 and 22m of 0.09%
Molybdenum. Bard Ventures Ltd.
(TSX
VENTURE:CBS) shares are trading even
at
$0.135.
11:38 EST - VMS Ventures Inc. : reported on its ongoing exploration
program at the Reed Lake Discovery Zone near Snow Lake, Manitoba. Reed Lake
drill hole highlights included frill hole RD-08-41 intersecting 33.46 metres
(109.78ft) of 10.36% Copper including 18.08 metres (56.04ft) of 13.03% Copper
including 5.00 metres (16.40ft) of 16.30% Copper. VMS Ventures Inc.
(TSX
VENTURE:VMS) shares are trading up $0.15 at
$0.76. Shares are trading up 25
per cent on the day.
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PENNY STOCKS IN PLAY (AMERICAN)
The U.S. stocks markets are closed today for the
Independence Day Long Weekend
YESTERDAY'S PENNY STOCKS IN PLAY
11:43 EST - Zynex Medical Holdings, Inc. : announced an increase in its
orders of 171% for June of 2008 compared to the same month last year. Zynex
received 1,930 orders in June 2008 versus 713 orders twelve months ago and 1,731
orders in May 2008. Zynex has not yet finalized its results for the second
quarter of 2008, including the impact of increased orders. Zynex will state
these results in the Form 10-Q for the quarter. Zynex Medical Holdings,
Inc.
(OTCBB:ZYNX)
shares are trading up $0.23 at
$1.98. Shares are trading up 13
per cent on the day.
11:45 EST - Pricester.com, Inc. : announced that it’s Genesis Electronics
subsidiary has unveiled its first consumer product release, the SunBlazer™. The
SunBlazer™ is a wearable, holster-type cell phone case that utilizes solar
energy to maintain the cell phone’s battery at peak charge. The SunBlazer™
eliminates the need to re-charge the battery with time-consuming ”plug-in”
methods. Plus, by continuously charging the battery, SunBlazer™ vastly increases
the talk-time available to the user. Genesis holds a U.S. patent for the
technology. Pricester.com, Inc.
(OTCBB:PRCC)
shares are trading down $0.001 at
$0.017.
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