3SOF

from: http://www.marketwire.com/mw/release.do?id=793981

SRA Begins Commissioning Mill at Gordonsville
TORONTO, ONTARIO--(Marketwire - Nov. 16, 2007) - Strategic Resource Acquisition Corporation ("SRA" or the "Company) (TSX:SRZ)(TSX:SRZ.NT) is pleased to report on restart progress at its Mid-Tennessee zinc mining complex (MTM).

Structural rehabilitation of the mill has been completed and all crushing and grinding circuits and process pumping have been installed. Systematic commissioning of the mill components has begun, commencing with the test running of motors, conveyors and water flows to pumps. Preliminary training for mill operations is underway on a one shift per day basis.

The Gordonsville mine, now totally dewatered, has been rehabilitated to the skip level and shaft bottom where rehabilitation of the crushers and production shaft is being completed. Blasting has begun in development headings and ore is being stockpiled underground in preparation for crushing and hoisting. All mining equipment required for production startup is now on site and training of mining crews is well underway. Development drifting and definition drilling are targeting 2008 production areas.

At the Cumberland mine, production and service shafts have been dewatered ahead of schedule. Foundations are being poured to enable shaft work to proceed. New controls are being installed and the equipment is all on-site to begin rehabilitation. The work deck is expected to be installed this month.

At the Elmwood mine, pumping is proceeding on schedule. As a result, pumping of the South Carthage area will commence soon. The tailings dam certification was obtained from the Safe Dams Division of the State of Tennessee.

As recently announced, agreements in principle have been entered into with three major smelters for the sale of a predominant portion of projected zinc production in the first five years. The Company expects to be producing its first concentrate in December.

SRA has also accomplished its near term goal of optimizing the valuable germanium and gallium by-products by retaining the bulk of the residue. It is currently evaluating recovery alternatives for the estimated annual contained 80-90 tonnes of germanium and gallium to be returned from the zinc smelting process enabling it to be a dominant producer of each metal in the world.

Today opinion: Support 3.1667, Resistance 4.0267, Pivot Point 3.5967

Strategic Resource Acquisition Corporation (SRA) is involved in exploring, developing and mining base material projects.SRA Corporation is focused on the development of the MTM zinc project in the State of Tennessee. The MTM mining and milling complex is located approximately 80 kilometers east of Nashville. The Company's wholly owned subsidiary, Mid-Tennessee Zinc Corporation (MTZ) holds Middle Tennessee Mines assets located at Gordonsville, Tennessee. As at June 30, 2007, the Company is not in production on any of its assets.

Quote from: setravis on October 02, 2007, 03:53:43 PM
Press Release Source: Genesis Technology Group, Inc.

Thank you, I applaud

Hi

today opinon: Price  0.8300, Support 0.6633, Resistance 0.9633 BUY

from: http://sev.prnewswire.com/oil-energy/20070828/NYTU13128082007-1.html

Falcon Oil & Gas Ltd. Releases Review From the Scotia Group
BUDAPEST, Hungary, Aug. 28 /PRNewswire-FirstCall/ -- Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon" or the "Company"), today released a copy of a review completed by the Scotia Group, an independent, third party consultant to Falcon. The document provides a review of Falcon's operations and accomplishments, and provides recommendations for the Mako Trough.

The Scotia Group conducted its review in accordance with standards set out in the Canadian Oil and Gas Evaluation Handbook (the "COGE Handbook") prepared jointly by the Society of Petroleum Evaluation Engineers (Calgary Chapter) and the Canadian Institute of Mining, Metallurgy & Petroleum (Petroleum Society).

    Below please find the full content of the review.

    24 August 2007

    Mr. Marc A. Bruner
    President, Chairman & CEO
    Falcon Oil and Gas, Ltd.
    1601 Blake Street
    Suite 505
    Denver, Colorado 80202

    RE Mako Trough, Hungary Operations Review

    Dear Mr. Bruner:

    INTRODUCTION

Falcon Oil and Gas Ltd. (Falcon) and TXM Hungary, a division of Falcon, have requested The Scotia Group, Inc. (Scotia) to conduct a review of their operations in the Mako Trough of Hungary. The review is focused as follows:

    -- Processes utilized to date in the evaluation
       -- Operational and geologic
    -- Accomplishments to date
    -- Recommended alterations for improvement
    -- Recommendations as to the next steps

Scotia was contracted by Falcon in June 2006 to conduct a resource assessment of certain properties in the Mako Basin of Hungary. The study "Resource Estimate Mako Trough, Effective Date August 15, 2006" found there to be evidence of hydrocarbon resources within the Mako and Tisza exploration licenses controlled by Falcon.

The resources were found to lie in four prospective horizons: Szolnok, Lower Endrod, Basal Conglomerate, and Synrift Sequence.

The volumes were previously stated in our report entitled "Resource Estimate Mako Trough, Effective Date August 15, 2006."

Falcon's initial phase of exploration was to drill six wells and conduct a 3D survey of the exploration license in an effort to delineate the resource. In addition, Falcon was to conduct extensive testing and evaluation of the exploration wells to gain a better understanding of the rock properties and geologic environment. These objectives have been accomplished.

Scotia, as been Falcon's independent advisor since 2006, is of the opinion that Falcon has been diligent and prudent in its operations to date and, as advisor to Falcon, offers the following observations, comments and recommendations related to accomplishments, improvement considerations and recommendations of next steps and the way forward.

ACCOMPLISHMENTS

Following due diligence by Gustavson, Falcon conducted a 3D survey of the Foldeak region of the prospective area of interest. The survey was completed in late 2004. Following evaluation of the data, Falcon entered an agreement to participate in the Tisza and Mako exploration licenses.

In the later half of 2005, Falcon conducted two further 3D surveys, the Gater and Hod-Szikancs respectively.

Falcon also sought and was granted an extension to the exploration license in December of 2005.

Pusztaszer-1

In late 2005, Falcon began its initial exploration drilling program with the Pusztaszer-1. The well was designed as a delineation well to test the northeastern extent of the Mako Trough. The well was drilled to a total depth of 3,785 meters and encountered Gneiss Basement, the Endrod and Szolnok formations. The Pustaszer was then tested in the Szolnok formation following small fracture stimulation. The well tested approximately 200 Mcfd and 200 bwpd. Although the rate was small, the well established several key points:

    -- The well increased Falcons confidence in the recent seismic survey
    -- The well established the ability to frac the Szolnok at this depth.
    -- The well tested gas establishing the presence of mobile hydrocarbons in
       the Solzonk formation.

The results of the Pusztaszer are very encouraging, especially the fact that the well established the presence of mobile gas in the Szolnok formation.

Szekkutas 1

The next well to be drilled and tested in early 2006 was the Szekkutas 1. The well was designed to test the northwest extension of the Mako Trough and was drilled to a total depth of 3,585 meters. The well encountered the Triassic Basement, Endrod and the Szolnok formations. The well tested 130 Mcfd and 549 bwpd from the Triassic Basement. The Endrod tested gas at an unstabilized rate of 1,577 Mcfd at 50 to 100 ppm hydrogen sulfide and 150 Mcfd at similar H2S concentrations from the Szolnok. The presence of H2S in these concentrations required Falcon to abort the test due to safety considerations; however, the well provided much needed critical information.

    -- Hydrogen sulfide may be present in the objective formations. Reviews of
       the other area wells to date had not encountered H2S in any substantial
       concentration. The Falcon drilling program had not allowed for H2S in
       these concentrations and would have to be modified accordingly.

    -- The well established mobile gas in the northwestern portion of the
       basin in the objective horizons of the Endrod and Szolnok.

The results of the Szekkutas are very encouraging in the further evaluation.

Mako 6

The Mako 6 was the next well in the evaluation program to be drilled and tested. The Mako 6 was drilled to a total depth of 5,692 meters and was the first deep test in the basin. The well encountered the Synrift, Basal Conglomerate, Endrod and Szolnok formations. Petropysical analysis of the log and core data indicated the possible presence of hydrocarbons in all formations, establishing a possible hydrocarbon column of 2 kilometers. A test of the Synrift was attempted which proved tight. An interval at the base of the Basal Conglomerate was tested with initial rates of up to 700 Mcfd with associated H2S of 400 ppm, and improving. The test was aborted when a suspected down-hole failure occurred. The actual cause of the failure is speculative at present but appears to be the movement of a barite plug from below the test interval. The well provided the following information.

    -- Falcon established the ability to drill and complete at depths of 5,600
       meters.
    -- The well tested mobile gas from the Basal Conglomerate.
    -- Established a possible hydrocarbon column of 2 kilometers.
    -- Established the presence of hydrocarbon in the center basin.
    -- Confirmed the presence of H2S in the Basal Conglomerate.

Hod-North 3D Seismic

While conducting drilling operations on the Szekkutas 1 and the Mako 6, Falcon completed its fourth 3D survey in the area, the Hod-North.

Mako 7

The Mako 7 was the next evaluation well to be drilled and was designed to be a second deep basin test. The well was drilled to a total depth of 6,085 meters and encountered the Basal Conglomerate, Endrod and Szolnok formations. Petrophysical analysis indicates the possible presence of hydrocarbon in all formations encountered, but no testing has been accomplished to date. If the well tests hydrocarbons it may indicate the presence of a 2.5 kilometer hydrocarbon column.

Magyarcsanad 1

The next well in the evaluation program to be drilled was the Magyarcsanad 1. This well was designed to test the southern end of the Mako Trough. The well was drilled to a total depth of 4,272 meters and encountered the Endrod and Szolnok formations. The well tested oil from the Endrod formation at unstabilized rates of 360 bopd and 1,100 Mcfd, declining to 65 bopd and 137 Mcfd without stimulation.

This is very encouraging in that it establishes the presence of mobile high gravity oil in the Endrod formation. In addition, it indicates the Endrod in the area of the wellbore to be a naturally fractured reservoir capable of delivering hydrocarbon. If future analysis and testing establishes the Endrod to contain a pervasive natural fracture system, charged with hydrocarbon and capable of transmissibility of the hydrocarbon, this could significantly add to hydrocarbon resources of the basin.

The Endrod formation was recently frac'd to evaluate the effectiveness of fracture stimulation to this play.

Mako 4

The next evaluation well drilled was the Mako 4, designed to test the Szolnok formation in the southern portion of the basin. The well was drilled to a total depth of 4,011 meters. The well encountered the Szolnok formation and is suspended pending completion of the current Geologic and Operational review.

Szekkutas and Mako-Kelet 3D Seismic

The first half of 2007, Falcon completed its largest 3D survey acquisition of 870 square kilometers. This completes 1,149 square kilometers of seismic acquisition, covering almost all the BCGA in Falcon's License area. All the seismic surveys are being combined and reprocessed into a single data set for interpretation and analysis.

Licenses Conversion

In May 2007, Falcon achieved a significant milestone with the conversion of a major portion of the exploration licenses to a 245,775 acre production license.

SUMMARY OF ACCOMPLISHMENTS

The successful development of BCGAs in the United States is the result of the recognition of the nature of the unconventional resource and the development of advanced technology for gas recovery. Falcon assembled some of the most noted experts in the field of geology and operations to bring that technology to the Mako Basin. To that end, Falcon has be diligent in acquiring the appropriate knowledge and technology.

In summary Scotia is encouraged by the results to date achieved by Falcon. The company has accomplished the following:

    -- Established the presence of hydrocarbon in all intervals tested to
       date, no significant negative test have occurred in the prospective
       horizons.
    -- Proven the existence of a BCGA in the Mako Trough of Hungary.
    -- Produced evidence of a possible BCOA within the Mako Trough.
    -- Established the company's ability to effectively operate in a HP/HT
       (high pressure/high temperature) H2S environment in a prudent effective
       manner.
    -- Established the company's ability to manage and maintain relationships
       with the Mining Authority of Hungary.

RECOMMENDATIONS

Each new basin has its own characteristics. Falcon has recognized that in addition to tight reservoirs in a BCGA, there are likely other non- conventional reservoirs, including those involving adsorbed gas and natural fractures. Scotia has held extensive advisory discussions with Falcon regarding the recognition and characterization of a wide range of unconventional and conventional reservoir that may occur in the Mako Basin.

While encouraged by the results to date, Scotia recommends the following be undertaken as the company proceeds with the evaluation of the area of interest.

    -- Falcon should conduct a review both technical and operational of all
       activities to date. The objective of this review will be to produce
       improvement recommendations as to data quality, data preservation, data
       integration, operational improvements, HS&E standards and improvements,
       emergency response and preferred and required improvements in drilling
       design.
    -- Falcon should take the time to fully integrate the current geologic
       data set. This would include all 3D surveys, petrochemical,
       petrophysical and well test data. Scotia would further recommend that
       Falcon slow, if not suspend, current evaluation activities until this
       integration and interpretation is completed.
    -- All future well designs must consider H2S and CO2 in the selection of
       tubular, wellhead and down hole equipment.
    -- All well site activity and procedures must consider the presence of H2S
       and CO2.
    -- Falcon should develop, in conjunction with the proper Hungarian
       authority, an Emergency Response Plan.
    -- In the technical and operational review, particular attention needs to
       be paid to the mineralogy of the core samples and their compatibility
       to various completion and drilling fluids.
    -- The company should investigate the feasibility and value of utilizing
       massive hydraulic fracture stimulations in future wells.
    -- The company should investigate the value of utilizing horizontal and/or
       multi-lateral wells in conjunction with under-balanced drilling,
       especially in the Endrod.
    -- Target conventional reservoirs at the top of overpressure similar to
       those seen in the western basins of the United States.  These are
       likely to provide production while the deep basin is explored.
    -- Consider that there might be adsorbed gas similar to that associated
       with coal and shale gas and conduct on-site sample degassing
       experiments if such conditions are indicated.
    -- Carefully examine cores for natural fractures.
    -- Develop regional geological models for the origin of natural fracture
       systems, including jointing (expansion) and associated with faulting.
    -- Utilize seismic impedance data to identify contrasts in impedance that
       might be tied to natural fractures.
    -- Used 3-D visualization methods with stratigraphic datum impedance data
       to identify geobodies related to fracturing and overpressure.

In summary, Falcon has made significant progress in the evaluation of the prospective acreage in a relatively short period of time. The results to date are positive and very encouraging. All objective formations of the basin have tested hydrocarbons, thus proving the existence of mobile oil and gas within the objective horizons. Falcon's data collection and analysis efforts appear to be both comprehensive and advanced as is appropriate for the setting.

As is often the case, the analysis of collected data often does not keep pace with drilling. As of the summer of 2007, Falcon is at the peak of its efforts to complete the analysis of available seismic, petrophysical and well test data and integrate it to formulate reservoir models to aid in efforts to drill and test according to the geology. Plans for future operations will take full advantage of what has been learned to date.

Falcon must now position itself both technically and financially for the next phase of evaluation. The geologic model and interpretation must be advanced utilizing the data gained from Phase I of the exploration activity. The drilling, testing and completion programs need to be redesigned based upon the HP/HT and H2O and CO2 environment encountered.

QUALIFICATIONS AND LIMITATIONS

Independence and Conflict of Interest

This report has been prepared by The Scotia Group. Scotia is an independent oil and gas advisory firm headquartered in Dallas, Texas. All evaluations performed by Scotia are strictly fee-based and Scotia has not and will not receive any benefit which may be regarded as affecting its ability to render an unbiased opinion on the petroleum interests held by Falcon.

Use of This Report

This report was prepared exclusively for Falcon, and should not be duplicated or distributed to any third parties without the express written consent of Falcon and The Scotia Group, except as required by law. The Scotia Group authorizes Falcon to publicly disclose this Report and the information contained within in the Falcon conference of August 29, 2007.

Available Data

This study was based on data supplied by Falcon, on public domain information and on nonproprietary data from in-house files. The supplied data was reviewed for reasonableness from a technical perspective. As is common in oil field situations, basic physical measurements taken over time cannot be verified independently in retrospect. As such, beyond the application of normal professional judgment, such data must be accepted as representative. While we are not aware of any falsification of records or data pertinent to the results of this study, Scotia does not warrant the accuracy of the data and accepts no liability for any losses from actions based upon reliance on data which is subsequently shown to be falsified or erroneous.

We carried out our review in accordance with standards set out in the Canadian Oil and Gas Evaluation Handbook (the "COGE Handbook") prepared jointly by the Society of Petroleum Evaluation Engineers (Calgary Chapter) and the Canadian Institute of Mining, Metallurgy & Petroleum (Petroleum Society).

Professional Qualifications

Scotia personnel who prepared this report are degreed professionals with the appropriate qualifications and experience to complete the project brief. Scotia and its staff do not claim expertise in accounting, legal and environmental matters, and opinions on such matters do not form part of this report.

Scotia is pleased to aid Falcon in the evaluation of the Mako Trough. We hope you find our independent view of your operations and activities within the region constructive. We look forward to discussing these recommendations in detail at your convenience.

    Sincerely,

    THE SCOTIA GROUP, INC.
    Lonnie J. McDade, P.E.
    Vice President

    Contact:
    Weber Shandwick Worldwide
    Peter Duda /JJ Rissi
    +1 (212) 445-8213 / +1 (212) 445-8224

Falcon's discovered resources are not reserves. Only those quantities of oil and gas that are anticipated to be economically recoverable from discovered resources are classified as reserves. Until such time as Falcon's discovered resources are proven to be reserves, there is a risk that Falcon may not achieve ongoing operations from which it may generate significant revenue.

In the interests of providing Company shareholders and potential investors with information regarding the Company, including the Company's assessment of its and its subsidiaries' future plans and operations, certain statements included in this press release may constitute forward-looking information or forward-looking statements (collectively, "forward-looking statements"). All statements contained herein that are not clearly historical in nature are forward-looking, and the words "anticipate", "believe", "expect", "estimate" and similar expressions are generally intended to identify forward-looking statements. Similarly, forward-looking statements in this press release include, but are not limited to anticipated developments of the Company's drilling project in Hungary and the timing thereof, the Company's drilling project in Romania and the timing thereof, capital investment levels and the allocation thereof, pipeline capacity, government royalty rates, reserve and resources estimates, the level of expenditures for compliance with environmental regulations, site restoration costs including abandonment and reclamation costs, exploration plans, acquisition and disposition plans including farmout plans, net cash flows, geographic expansion and plans for seismic surveys. In addition, please note that statements relating to "reserves" or "resources" are deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described can be profitably produced in the future. Such statements represent the Company's internal projections, estimates or beliefs concerning, among other things, an outlook on the estimated amounts and timing of capital expenditures, anticipated future debt levels and incentive fees or revenues or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. These statements are only predictions. Actual events or results may differ materially. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievement since such expectations are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company and the foregoing list of important factors is not exhaustive. These forward-looking statements are made as of the date hereof disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. Company shareholders and potential investors should carefully consider the information contained in the Company's filings with Canadian securities administrators at www.sedar.com before making investment decisions with regard to the Company.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Hi

today opinon: Price  0.9200, Support 0.8467, Resistance 0.9667 BUY

Hi

Opinion: Price  5.25, Support 4.36, Resistance 5.74 SELL

from: http://www.smallcapinvestor.com/articles/small_cap_news/news/08/24/2007/friday_delta_financial_orchids_paper_products_and_bsd_medical_lead_smallcap_percentage_gainers

Friday: Delta Financial, Orchids Paper Products and BSD Medical lead small-cap percentage gainers

Will Atkinson  |  Aug 24, 2007 3:17pm EDT  |  User Rating N/A

Delta Financial Corp. (Nasdaq: DFC), Orchids Paper Products Co. (AMEX: TIS) and BSD Medical Corp. (AMEX: BSM) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $500 million.

Hi

from: http://www2.barchart.com/news.asp?sym=GTEC

Press Release Source: Genesis Technology Group, Inc.


Genesis Technology Group Releases Third Quarterly Report Showing Net Assets of $7.6 Million, An Increase of 47.5 Percent
Tuesday August 21, 6:30 am ET


BOCA RATON, Fla., Aug. 21, 2007 (PRIME NEWSWIRE) -- Genesis Technology Group, Inc. (OTC BB:GTEC.OB - News) has released its third quarterly report for the period ended June 30, 2007. Net assets were approximately $7,608,000 compared to $5,221,000 on September 30, 2006, an increase of 45.7 percent.
CFO Adam Wasserman summarized: ``For the nine months ended June 30, 2007, we reported revenues of $3,035,000 as compared to $13,333 for the nine months ended June 30, 2006 which was attributable to a Share Exchange Agreement closed on June 29, 2007 by Speedhaul Holdings, Inc., Inc., a publicly-trading company (OTC BB:SPEH.OB - News), whereby GEP, our 51 percent-owned subsidiary, received 16,750,000 restricted common shares of SPEH for services performed in helping Gold Horse International and the Jin Ma Companies facilitate the merger with SPEH and for other business development services. For the nine months ended June 30, 2007, we reported net losses of $1,763,459 as compared to net income of $308,800 for the nine months ended June 30, 2006. At June 30, 2007, our net assets were approximately $7,608,000 compared to $5,221,000 at September 30, 2006, an increase of 45.7 percent.''

CEO Gary L. Wolfson added: ``Our immediate focus is completing the third private-to-public program for another Chinese partner company. If we can achieve this success in the coming six weeks, Genesis could boast of completing three such transformations in a 12-month period, quite an achievement. Genesis partner companies, attaining public company status in the U.S., would be Lotus Pharmaceuticals (OTC BB:LTUS.OB - News), Gold Horse International, and the new Green Power Technologies. Our current business model, although subject to burdensome regulations both in the U.S. and China, is effective and rewarding.''

Opinion: Price 0.0980, Support 0.0947, Resistance 0.1047 HOLD

Hi

from: http://www.canadianminingjournal.com/issues/ISArticle.asp?id=72757&issue=08262007

GOLD MINING - Barrick boosts Porgera holding

PAPUA NEW GUINEA - Toronto's BARRICK GOLD has boosted its stakeholding in the Porgera gold mine to 95% from 75%. The additional 20% was acquired from EMPEROR MINES in consideration of US$250 million in cash (plus adjustments).

Porgera produced approximately 542,000 oz of gold in 2006 and has proven and probable reserves of 9.42 million oz (100% basis). Barrick acquired its original 75% interest in Porgera through its acquisition of Placer Dome in January 2006.

More information about Porgera is available at www.Barrick.com.

Today opinon: price 33.12, Support 32.09, Resistance 33.77 BUY

from: http://www.marketwire.com/mw/release.do?id=764066

Kodiak Energy, Inc.

OTC Bulletin Board: KDKN


Aug 27, 2007 02:05 ET
Kodiak Announces Reciept of New Engineering Report on Its Northwest Territories Little Chicago Project
CALGARY, ALBERTA--(Marketwire - Aug. 27, 2007) - Kodiak Energy, Inc. (OTCBB:KDKN) is pleased to announce that it has received the new engineering report on its Little Chicago project. The abridged report will be announced shortly and posted on the company's website.

Kodiak Energy, Inc. is a Calgary based oil and gas company focused on creating a portfolio of North American assets that offer not only immediate production and cash flow but growth through exploration. The Company has lease holdings in Montana, South eastern Alberta, North eastern Alberta and an agreement to purchase mineral rights both in the Northwest Territories and Northeast New Mexico.

This press release contains forward-looking statements. The words or phrases "would be", "will allow", "intends to", "will likely result", "are expected to", "will continue", "is anticipated", "estimate", "project", or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the Company's proposed oil and gas related business. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statements.

today opinon: Price 2.75, Support 2.49, Resistance 2.91 - BUY

Hi

from: http://www.rttnews.com/sp/breakingnews.asp?date=06/19/2007&item=109&vid=0

Nuvelo Says RNAPc2 Reduces Duration Of Ischemia [NUVO]

6/19/2007 2:51:09 PM Tuesday, Nuvelo Inc. (NUVO) said that higher dose of its anticoagulant protein c2 or rNAPc2 reduces the incidence and duration of ischemia and did not statistically significantly increase bleeding in patients.

These results of the Phase 2 proof-of-concept data from the ANTHEM or Anticoagulation with rNAPc2 To Help Eliminate MACE/TIMI 32 clinical trial were published in the June 26th issue of the Journal of American College of Cardiology.

The ANTHEM/TIMI 32 trial consisted of two stages. The first stage was a double-blind, placebo-controlled, dose escalation study, which investigated the safety of rNAPc2 in combination with other antithrombotics in 203 patients with NSTE-ACS. The second stage was an open-label study evaluating the efficacy and safety of rNAPc2 in combination with half-dose or no unfractionated heparin in 52 patients. The company said rNAPc2 achieved the primary goals of both the stages.

The rNAPc2 is a recombinant anticoagulant protein that has been shown to have a potential anticoagulant effect.

NUVO is currently trading at $3.44, down 20 cents or 5.49%.

Today: support 3.31, resistance 3.63, opinion BUY

Hi

from: http://www.rttnews.com/sp/breakingnews.asp?date=06/19/2007&item=98&vid=0

JED Oil Reveals Order Of Court Of Queen`s Bench Of Alberta; Guides Q3, Q4, FY08 [JDO]

6/19/2007 1:47:46 PM JED Oil Inc. (JDO) announced the Order granted by the Court of Queen's Bench of Alberta on June 14, 2007 regarding JED's previously announced offer to Caribou Resources Corp. (CBU.V) to acquire all of its shares and settle with its creditors.

Under the under the Companies' Creditors Arrangement Act (Canada) or CCAA Plan the secured creditors whose security ranks behind JED's will share in the net proceeds from 1.8 million of the JED common shares and the unsecured creditors will share in the balance of the cash and JED common shares.

As a result of this combination with Caribou, JED expects to have combined production of about 1,500 barrels of oil equivalent per day ("BOE/d"). Current estimates for 2007 year-end production is approximately 2,900 BOE/d. The current capital base and the significant reduction in debt, the forecasted exit rate for first quarter of 2008 is expected to be about 4,100 BOE/d and the second quarter of 2008 exit rate is expected to be 4,500 BOE/d.

Funds provided by operating activities before changes in operating assets and liabilities on a combined basis for the third quarter of 2007 are expected at about $2.9 million and $8 million for fourth quarter.

Funds from operations for first quarter of 2008 are expected at about $13 million with $26.5 million expected for the first six months of 2008.

JED believes that it can exit 2008 at a production rate of about 5,900 BOE/d while significantly reducing its debt.

For the full year of 2008, the company expects revenue to be $92 million.

Today: support 1.99, resistance 2.33, opinion BUY

Hi
from: http://www.rttnews.com/sp/breakingnews.asp?date=06/13/2007&item=109&vid=0

DepoMed Begins Dosing Patients In Phase 2 Trial For Gabapentin GR - Update [DEPO]

6/13/2007 5:15:27 PM DepoMed Inc. (DEPO), a specialty pharmaceutical company, on Wednesday said it has begun dosing patients in Phase 2 trial for Gabapentin GR indicated for the treatment of menopausal hot flashes.

The Phase 2 trial is a double-blind, placebo-controlled, multi-center study, involving about 108 menopausal women experiencing recurrent moderate to severe hot flashes.

The primary endpoint of the trial is the frequency and severity of hot flashes, relative to baseline. Secondary endpoints include the efficacy of Gabapentin GR relative to placebo based on changes from baseline to the end of each treatment period, average daily frequency and severity score of hot flashes and sleep quality.

Gabapentin GR is an investigational, extended release formulation of gabapentin, an FDA-approved drug for the treatment of seizures and postherpetic neuralgia.

DEPO closed Wednesday's regular trading session at $4.46, up 15 cents or 3.48%.

Today: support 4.23, resistance 4.61, opinion BUY

from: http://new.marketwire.com/2.0/release.do?id=741683&sourceType=1
Kodiak Energy, Inc.

OTC Bulletin Board: KDKN


Jun 13, 2007 00:05 ET
Kodiak Starts Initial Work for New Mexico Siesmic Program
CALGARY, ALBERTA--(Marketwire - June 13, 2007) - Kodiak Energy, Inc. (OTCBB:KDKN), is pleased to announce that initial work has started on the planned seismic program for the New Mexico properties. Kodiak expects to initiate and complete the seismic program by end of Q3, 2007.

As per the Farm in on the Thunder River and its Subsidiary's New Mexico Properties, Kodiak will perform a seismic program to earn and undivided 12.5% working interest in all the existing leases held on these prospects.

The properties are located in Northeast New Mexico and compromise approximately 50,000 acres. The Thunder River prospects offer Kodiak the potential of finding substantial economical oil, gas, CO2 (and possible helium) reserves in the near term.

In subsequent earnings, for drilling and casing, or abandonment, of each of the three test wells and the re-entry of an existing borehole on the Thunder River properties, Kodiak shall earn a 100% working interest in each well, on a well by well basis, (being an 84% net interest) before payout for that well and a 50% working interest after payout. Prior to payout Thunder will retain a standard sliding scale (5% to 15%) royalty on oil and 15% on natural gas and after payout the royalty shall convert to a 50% Working Interest on a well by well basis.

In further consideration of drilling and casing, or abandonment, of each of the three test wells and the re-entry of the existing borehole, Kodiak shall earn a sliding scale working interest of up to 3200 acres.

For fulfilling its obligation to drill the wells described above, Kodiak will earn an option to continue to drill additional wells and to earn an undivided 50% working interest in the petroleum and natural gas rights for the applicable after earned acreage amounts.. The exact timing of such rolling options is to be mutually determined by Kodiak and Thunder River.

Unless otherwise agreed by all parties, Kodiak shall be the sole operator of all wells drilled pursuant to this letter and Thunder River shall act as an advisor.

In the event of a commercial discovery, Thunder River will participate in any follow-up drilling and development of these prospects.

Kodiak will also have the right to participate with Thunder River in the acquisition of surrounding leases covering the initial prospects, and in addition, Kodiak will have the right to participate in future Thunder River New Mexico prospect lease acquisitions.

The Thunder River New Mexico properties demonstrate the presence of oil, natural gas and CO2, and potential helium resources at shallow depth (2000-6000' KB). These properties are located near existing infrastructure and offer the possibility of dynamic short term growth and significant near term cash flow.

Kodiak Energy, Inc is a Calgary based oil and gas company focused on creating a portfolio of North American assets that offer not only immediate production and cash flow but growth through exploration. The Company has lease holdings in Montana, South Eastern Alberta, North Eastern Alberta, an agreement to purchase mineral rights both in the Northwest Territories and Northeast New Mexico.

This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the Company's proposed oil and gas related business. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.

Today: support 3.1233, resistance 3.2833, Opinion BUY

Hi

from: http://money.cnn.com/news/newsfeeds/articles/primenewswire/120923.htm

TOUSA Announces Closing of Dallas Division Sale

HOLLYWOOD, Fla., June 6, 2007 (PRIME NEWSWIRE) -- TOUSA, Inc. (NYSE:TOA) announced today that it completed the sale of substantially all of the assets of its Dallas Division to Wall Homes. Proceeds from the transaction will be used to reduce debt to strengthen the Company's balance sheet and improve its liquidity.

"We are pleased to complete the Dallas Division sale and continue the execution of our asset management strategy," said Antonio B. Mon, President and Chief Executive Officer of TOUSA. "This is one accomplishment among several key balance sheet initiatives, and we are committed to the further execution of these initiatives to correctly position TOUSA for the current challenging housing market and the eventual market recovery."

TOUSA, Inc. is a leading homebuilder in the United States, operating in various metropolitan markets in 10 states located in four major geographic regions: Florida, the Mid-Atlantic, Texas, and the West. TOUSA designs, builds, and markets high-quality detached single-family residences, town homes, and condominiums to a diverse group of homebuyers, such as "first-time" homebuyers, "move-up" homebuyers, homebuyers who are relocating to a new city or state, buyers of second or vacation homes, active-adult homebuyers, and homebuyers with grown children who want a smaller home ("empty-nesters"). It also provides financial services to its homebuyers and to others through its subsidiaries, Preferred Home Mortgage Company and Universal Land Title, Inc. For more information on TOUSA, please visit our website at www.tousa.com.

The TOUSA, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1821

Wall Homes was established in 2005 to offer homes with a focus on architectural style to discerning buyers. Neighborhoods throughout Dallas, Fort Worth, Houston, Austin, and San Antonio offer a variety of single-family detached and attached homes priced from the $120s to the $500s. Based in Arlington, TX, Wall Homes is on the web at www.wall.com.

Today: support 3.96, resistance 4.54, opinion BUY

Hi

News: from http://sev.prnewswire.com/oil-energy/20070606/NYW11106062007-1.html

Falcon Oil & Gas Ltd. Provides Operational Update on Mako-6 and Magyarcsanad

BUDAPEST, Hungary, June 6 /PRNewswire/ -- Falcon Oil & Gas Ltd. (TSXV: FO) ("Falcon" or the "Company") has issued an operational update as part of its ongoing commitment to public disclosure announcing the following:

Falcon has resumed testing operations on the Mako-6 well in the lowermost part of the Basal Conglomerate, after fracture stimulating ("fracing") this interval in April 2007 with 79,000 pounds of proppant and 3,100 bbls of frac fluid. Prior to this current testing operation, the Company opened the well for flow, had gas flow to surface immediately and, due to the presence of manageable levels of H2S, the well was shut-in to wait for the correct equipment to flow the well safely. The well was then shut-in with frac fluid load still remaining for over a month.

The well is currently being tested through perforations from 5,326 to 5,328 meters in the Lower Basal Conglomerate. The fracced interval being tested is from 5,279 meters to 5,365 meters, a total of 86 meters; 69 meters Basal Conglomerate and 17 meters Synrift. The Basal Conglomerate is 273 meters thick from 5075 meters to 5348 meters. This remaining 204 meters of Basal Conglomerate will be tested following the completed analysis of results from current test. The Company is encouraged with the initial gas shows from this test and believes the gas shows will remain constant or will improve in the upper part of the Basal Conglomerate where rock quality increases and sand packages thicken. Falcon intends to announce details on the gas shows from this test after flow-back of frac fluid and bottom sediment has been completed.

On June 3, 2007, the test was resumed with an 8/64" choke. Within 8 hours of opening the well and recovering 208 bbls of frac fluid, gas surfaced in burnable quantities, which are too small to measure. After flow testing the well for 29 hours and recovering approximately 800 bbls of the frac fluid, it was noted that the flow-back was producing greater than expected quantities of bottom sediment. On June 4, the well was opened up to a 12/64" choke to assist in the clean-up. The well continued to produce gas in burnable quantities through the test separator throughout the day. On June 5, the well experienced a partial to complete tubing plug, which temporarily caused the well to cease flowing. After three hours of no frac fluid recovery, the well unloaded large quantities of bottom sediment, resulting in significant quantities of gas flow in and an 8-foot to 10-foot flare and increased flowing tubing pressures. Falcon will continue to flow test the well, recover as much of the frac load fluid as possible, ensure the tubing and perforations are free and clear of any obstructions, and, if required, assist the well bore unloading process via coil tubing-nitrogen. About two-thirds of the frac load water has been recovered.

Preparations to fracture stimulate the Magyarcsanad well are underway. Falcon is currently rigging up and will commence the well intervention and testing program in the coming weeks. Falcon is engineering a two stage frac that is designed to treat the effective Endrod interval through the existing perforation at 4,060 meters and introduce 4 sets of new perforations. The new perforations will straddle the existing perforations (2 sets above and below). The combined two stage frac will consist of approximately 350,000 pounds of proppant. The treatment is designed to stimulate the entire Endrod formation that is behind casing with a total effective frac height of nearly 300 meters. It is anticipated actual testing operation will commence the end of June.

Today: support 2.8033, resistance 3.2233 Opinion hold