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ACN Newswirehttp://www.acnnewswire.comACN Newswire press release news - Recent Press Releasesen-usCopyright 2012, ACN Newswirehttp://www.acnnewswire.comACN Newswirehttp://www.acnnewswire.comACN Newswire press release newshttp://www.acnnewswire.net/images/logos/acn_logo.gif8831Canadian Orebodies (TSXV:CO) Receives Initial Buy Recommendation from eResearch Corp - Video Summary of Report Posted on www.investmentpitch.comWed,23 May 2012 01:07:52 +0000Vancouver, British Columbia, May 22, 2012 - Toronto based eResearch Corp. has initiated coverage on Canadian Orebodies (TSXV:CO), giving the company a speculative buy recommendation with a 12 month target price of $0.70, a healthy premium to the $0.18 price on the day the report was issued.
InvestmentPitch.com has produced a "video news alert" based on this report. If this link is not enabled, please visit www.investmentpitch.com and enter "Orebodies" in the search box.
The company is a junior natural resource exploration and development company with its flagship Haig Inlet iron ore project located in Nunavut, Canada. eResearch believes this project is a hidden gem in the Canadian iron ore sector.
The 2,700 hectare project is relatively unknown, but it already has more than 500 million tonnes @ 35% iron in a NI 43-101 compliant mineral resource. This resource will likely increase to more than 1 billion tonnes as a result of the planned exploration of three new targets in 2012 - 2013.
In 2011, Orebodies staked new claims that are to the north and the west of the property and cover 22,700 hectares of Municipal Land.
The project's location on the Belcher Islands in Hudson Bay is favourable compared to the locations of many of its more well-known domestic peers. Since the Belcher Islands are close to Quebec, the project may be able to capitalize on some of the infrastructure commissioned under Quebec's Plan Nord. The climate on the Belchers is generally more favourable than for many of the Nunavut-based iron ore projects. Most importantly, the deposit is located at tidewater and will not need a costly railroad or a pipeline to get to port.
A Preliminary Economic Assessment for Haig Inlet is expected in early 2013. eResearch believes a favourable Preliminary Economic Assessment could be the catalyst to attract a strategic partner, which is the most likely route of development for the company.
Increased international interest, particularly from China, in the Canadian iron ore industry in the last two years has led to more than $10 billion in investment in iron ore projects in Nunavut and the Labrador Trough in Quebec.
eResearch cautions that if the scenario of barging ore to a port in Quebec does not materialize, the company will have to build a power plant, processing facilities, and oceanic port facilities on the Belchers.
The company has interests in 11 mining exploration properties located in Canada, and is in the process of spinning out its other 10 properties into a separate company, which will allow the company to brand itself as a pure-play iron ore company.
The shares trade at $0.18 and with approximately 108 million shares outstanding the company is capitalized at $19.5 million.
For more information on the company, please visit their website at www.canadianorebodies.com, or contact the company's president & CEO, Gordon McKinnon at 705-268-9000.
The company's investor relations is handled by First Canadian Capital Corp. Please contact Jason Monaco at 416-742-5600 or email jmonaco@firstcanadiancapital.com.
For a copy of the report, contact eResearch at www.eresearch.ca. While on their site, sign up for their free reports.
InvestmentPitch.com is a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals. InvestmentPitch.com specializes in producing three minute videos based on news releases and research reports.
CONTACT:
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Barry Morgan, CFO
604-684-5524
bmorgan@investmentpitch.com

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http://trone.acnnewswire.com/us-press-release/50728/Canadian Orebodies (TSXV:CO) Receives Initial Buy Recommendation from eResearch Corp - Video Summary of Report Posted on www.investmentpitch.comhttp://trone.acnnewswire.com/us-press-release/50728/Canadian Orebodies (TSXV:CO) Receives Initial Buy Recommendation from eResearch Corp - Video Summary of Report Posted on www.investmentpitch.comVatic Ventures Corp (TSXV:VCV) Receives Initial Buy Recommendation from eResearch Corp - Video Summary of Report Posted on www.investmentpitch.comTue,22 May 2012 11:33:31 +0000Vancouver, British Columbia, May 22, 2012 - Toronto based eResearch Corp. has initiated coverage on Vatic Ventures Corp (TSXV:VCV), giving the company a speculative buy recommendation with a 12 month target price of $0.48, a healthy premium to the $0.095 price on the day the report was issued.
InvestmentPitch.com has produced a "video news alert" based on this report. If this link is not enabled, please visit www.investmentpitch.com and enter "Vatic" in the search box.
The company has significantly expanded its footprint by signing a strategic Option Agreement to buy Yamana Gold's La Silla gold property in Mexico. The La Silla gold-silver property is completely surrounded by the La Silla West property, which Vatic previously acquired from KJ Gold Canada. The La Silla West property is located approximately 65 kilometres north of Mazatlan in the State of Sinalo.
eResearch believes this is an enormous coup for little Vatic Ventures, and that the company is about to embark on an exciting phase of its brief history.
Yamana, through its Minera Meridian subsidiary, has done considerable work on the property, having drilled 99 holes and identified 31 gold-bearing veins. The property's drill-inferred resource inventory is almost 500,000 ounces gold. eResearch believes that Vatic could be sitting on a resource of at least 1.5 million ounces gold because the property is less than 50% explored, the unexplored areas exhibit gold mineralization that is similar to mineralization in explored areas, and drilling at the explored veins has been insufficient.
Still, the company has its work cut out to prove up the resource, as it is required to spend $8 million on exploration over a four-year period following the closing of the Agreement in order to gain ownership of La Silla. In addition to the exploration costs, Vatic must pay $400,000 and issue 6.5 million shares to earn a 70% interest. To earn the remaining 30%, Vatic must pay another $750,000 and issue another 3 million shares.
In entering into this Agreement, Vatic will have an on-going relationship with Minera since Minera has the right to participate in any of Vatic's future fundings to maintain a maximum 15% ownership in Vatic. Minera also retains a 2% NSR on commercial production, and may, at its sole option, nominate one director to Vatic's Board of Directors.
The company other project, the BM Property near Merritt, BC in the Spences Bridge Gold Belt, was the company's qualifying transaction in January 2011. For more information on the BM Property, please refer to the NI 43-101 Technical Report on Sedar.com.
The shares trade at $0.095 and with approximately 16 million shares outstanding the company is capitalized at $1.5 million.
eResearch believes that if Vatic is successful in its La Silla gold endeavour, the shares should be in for a good ride.
For more information on the company, please visit their website at www.vaticventures.com, or contact the company's president Nasim Tyab at 604-566-9399 or email info@vaticventures.com.
For a copy of the report, contact eResearch at www.eresearch.ca. While on their site, sign up for their free reports.
InvestmentPitch.com is a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals. InvestmentPitch.com specializes in producing three minute videos based on news releases and research reports.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
604-684-5524
bmorgan@investmentpitch.com

Osisko Mining, Standard Graphite, Price of Gold, Colossus Minerals Discussed on BNN's Market Call

About BNN:

BNN - Business News Network is Canada's only all business and financial news channel.
The Network was licensed by the Canadian Radio-Television Telecommunications Commission in 1996 and began broadcasting in 1999.
BNN's studios are located in downtown Toronto.
BNN maintains a Calgary bureau and features live interviews with CEOs, as well as financial and market professionals across North American and around the world.

About Midas Letter Opportunity Fund;The Midas Letter Opportunity Fund is a Luxembourg "Sicav-Fis" (Special Investment) fund for high net worth and institutional investors who want to gain access to Canadian publicly traded resource companies representing only the most premium opportunities.
In Canada, Contact:Midas Letter Financial Group Ltd.Attention: James West183 Wellington Street West, Suite 4304Toronto, ON M5V 1A0(416) 598-9181In Switzerland,Contact:Midas Letter Portfolio Advisors AGAttention: Tobias TretterCommodity Capital AGTalacker 35Postfach 2435CH 8022 Zürich+41 76 238 2267midasletter@midasletter.comhttp://www.midasletter.com

Verde Potash CEO Cristiano Veloso Discusses Potash in Brazil on Midas Letter Money

The full transcript of the interview is available here: http://www.midasletter.com/index.php/verde-potash-ceo-cristiano-veloso-discusses-potash-in-brazil-on-midas-letter-money/About Verde Potash.Verde is a fertilizer exploration and development company; it was founded and is led by Brazilians. Verde is developing the Cerrado Verde project in Brazil, a source of potash-rich rock from which the Company plans to produce a potash fertilizer product. Founded as Amazon Mining Holding Plc in 2005, the Company changed its name to Verde Potash Plc in April 2011 to better reflect its core business.About Midas Letter MoneyMidas Letter Money is the show about commodities, energy, and natural resources and the public companies who seek for and develop them. Hosted by James West and distributed to 450,000 installed subscribers to the Thomson Reuters Insider platform, the show is available at insider.thomsonreuters.com or at http://www.midasletter.comContact: James Westmidasletter@midasletter.com http://www.midasletter.com(416) 598-9181