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ThursdayJun 07, 2007 3:25 pm

Hemis Corporation (HMSO.OB) Drilling at the El Tigre Project in Eastern Sonora, Mexico

Hemis Corporation (HMSO.OB) recently reported the start of drilling at its El Tigre Project in eastern Sonora, Mexico. Cabo Drilling Corporation of Vancouver has been awarded a contract for 3,500 meters of diamond drilling at El Tigre. The drilling is being conducted by its Mexican subsidiary, Cabo Drilling de Mexico S.A. de C.V. Surface exploration at El Tigre has discovered multiple zones of gold- bearing breccias. Dr. Douglas Oliver, Chief Geologist for Hemis states, "The intent of the drilling is to understand the three-dimensional geometry of these breccia zones. Naturally, we also want to know if the potentially ore-grade mineralization at the…

ThursdayJun 07, 2007 1:16 pm

Morning News Thursday June 7th 2007

General News: - News of the day: The 10-year Treasure Note yield is above 5%. The cross above this psychological number spells trouble for stocks. - Jobless claims fell 1,000 to 309,000. However a fall to 312,000 was expected. Continuing claims rose to 2.535 million. Only 2.5 million was expected. - Mortgage company, Freddie Mac, reported that the 30-year, fixed-rate mortgages averaged 6.53 percent this week, a 10-month high, which is up sharply from 6.42 percent last week. - Philadelphia Media Holdings L.L.C. is interested in joining a bid for the Dow Jones & Co., publisher of The Wall Street…

ThursdayJun 07, 2007 12:02 pm

American Security Resources Corporation (ARSC.OB) KeepAmerican Security Resources Corporation s Investors Informed, Acquires New Hydrogen Technology

American Security Resources Corporation (OTCBB: ARSC) went up 9 percent today after the company announced that it's CEO, Frank Neukomm, would be appearing in a "series of interviews" on a number of online financial news Web sites this afternoon.While Neukomm was not available at press time for an interview because of this busy schedule, Bob Farr, the president of American Security Resources, did take some time to discuss what the company and some of its holdings have been doing lately. For starters, the recent announcement that the company was taking fuel cell orders ignited interest in many industrial entities, although…

ThursdayJun 07, 2007 12:02 pm

Haber (HABE.PK) Announces Processing Trials

Scientific research and development company Haber Inc. (Pink Sheets: HABE) recently announced it made successful bulk production runs in its Massachusetts gold-processing facility, recovering over 36 ounces of gold from both electronic scrap (e-scrap) and mine ores.According to its latest press release, the company had performed a number of processing trials at its Massachusetts facility during the last four months, resulting in the recovery of around 300 pounds of Ghanaian ore with an amazing 99 percent extraction and recovery rate. In addition, the gold recovered from these trials proved 96 percent pure. In other words, the trials proved not only…

ThursdayJun 07, 2007 12:02 pm

Crystal International (CINT.OB) Caters to Leisure, Frequent Travelers

U.S. passenger and cargo airline operations burned nearly 20 billion gallons of jet fuel in last year, according to Air Transportation Association. For every penny tacked on to the price of each gallon of jet fuel, an additional $190-200 million are needed in annual fuel costs - if the price rose a dollar higher over the duration of just one year, operating costs would shoot up about $20 billion.While the price airline passengers pay for tickets may inflate slightly, airlines recognize the demand for "elastic" pricing. If you've paid only $200 roundtrip to a certain destination last year, would you…

ThursdayJun 07, 2007 12:02 pm

Top Closers with Big News

Top Closers with Big News « H E » MN1 Exclusive :: email posted Thursday, 7 June 2007 MN1 Staff Writer Every public company loves to put out good news and see the reflection in its stock price. The following three companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.Phytolab Solutions Inc. (OTCBB: PYTL) shares were up 35 cents, or 58 percent, to 95 cents, on volume of 468 thousand at the market's close today. Shares climbed steadily throughout the day after the company announced a competition for…

ThursdayJun 07, 2007 12:02 pm

PhytoLabs (PYTL.OB), Rhino Marketing Launch $20,000 Consumer Challenge

Shares of PhytoLabs Inc. (OTCBB: PYTL), a life science company focused on global expansion of its patented and over-the-counter health products, came to life today, soaring 35 cents, or 58 percent, to 95 cents on volume of 714,647 after the announcement of a marketing partnership with Rhino Marketing Inc. and the launch of a unique competition that will allow consumers to create the name and brand for its new product. Did I mention the winner gets at least $15,000?The company chose Rhino Marketing to manage its worldwide marketing of PhytoLab products. Per the agreement, Rhino will work with PhytoLabs and…

ThursdayJun 07, 2007 12:02 pm

Towerstream (TWER) Selling $40M of its Stock to Expand WiMAX Network

Towerstream Corp. (Nasdaq: TWER), one of the first companies to utilize WiMAX technology has agreed to sell $40 million of its stock at a 32 percent discount to Tuesday's closing price of $5.87.Ten million Towerstream shares will be sold below-market value at $4 per share - the company said it intends to use the proceeds to increase operations in larger markets. "The proceeds from this offering will provide us with the capital to build out our target markets and solidify our position as a WiMAX leader," the company said in a statement. Towerstream, a Worldwide Interoperability for Microwave Access (WiMAX)…

ThursdayJun 07, 2007 12:02 pm

Enigma (ENGM.OB) Shares Balloon on Subscriber Numbers

Shares of Enigma Software Group Inc. (OTCBB: ENGM) ballooned up the charts today, rising 18 cents (58 percent) to 49 cents per share on volume of 136,800. I personally think the stock took such a jump because the man in charge is named "Colorado," but really it probably has to do with the company's steady increase in subscribers over the past month.Since May 15, 2007, ENGM has announced over 9,000 new, renewal and third party subscribers. The company's featured product SpyHunter V.2.9 is priced at $30, which would equate to over $270,000 in revenue for the past three weeks. These…

ThursdayJun 07, 2007 12:02 pm

Early Gainers with Big News

Every public company loves when they put out good news and see the reflection in its stock price. The following four companies released positive news of some kind either this morning or late yesterday and have seen their stock prices soar so far today.Shares of Paincare Holdings Inc. (AMEX: PRZ) were up 6 cents, or 19 percent, to 39 cents on volume of 326,700 in early Thursday trading. This morning the company announced the completion of a "key transaction" regarding the company's comprehensive financial restructuring plan. PainCare reported it sold its Maryland-based Center for Pain Management to its original shareholders…

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Hemis Corporation (HMSO.OB) Drilling at the El Tigre Project in Eastern Sonora, Mexico

Morning News Thursday June 7th 2007

American Security Resources Corporation (ARSC.OB) KeepAmerican Security Resources Corporation s Investors Informed, Acquires New Hydrogen Technology

Haber (HABE.PK) Announces Processing Trials

Crystal International (CINT.OB) Caters to Leisure, Frequent Travelers

Top Closers with Big News

PhytoLabs (PYTL.OB), Rhino Marketing Launch $20,000 Consumer Challenge

Towerstream (TWER) Selling $40M of its Stock to Expand WiMAX Network

Enigma (ENGM.OB) Shares Balloon on Subscriber Numbers

Early Gainers with Big News

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