Stocks to Watch: Bancroft Uranium Inc (OTC BB: BCFT), Silver Dragon Resources Inc. (OTCBB: SDRG), Allos Therapeutics Inc. (Nasdaq: ALTH), ABC Funding, Inc. (OTC BB: AFDG), BPI Energy Holdings, Inc. (AMEX:BPG)
Featured Stock: Bancroft Uranium Inc
(OTC BB: BCFT)
Current Price (0.85)
http://www.smallcapstockanalyst.com/
Analyst Reports Market Capitalization Could Approach $90 to 92 million, or $2.00 Per Share
Scottsdale AZ, May 27, 2008 ---- Bancroft Uranium Inc. (OTCBB: BCFT) (“Bancroft” or the “Company”) today wishes to announce that Francis Gaskins of IPODesktop.com has issued an independent third party analyst report on the Company. Based on the report's growth assumptions, Francis Gaskins believes the market capitalization could approach $90 to 92 million, or $2.00 per share. The public is free to review this report at http://www.gaskinsco.com/linkto-bcft.shtml
About Francis Gaskins:
“Francis Gaskins, a seasoned financial analyst, is noted as the Internet's most experienced, analytical web cast producer and interviewer. Often quoted, his scope of influence includes editor (IPOdesktop), Talk Radio, Internet TV, and Video Productions, plus numerous articles and opinions published in the nation's financial media.
As the IPO Desktop editor, Gaskins is one of the leading provider of independent IPO research for professional money managers and individual investors. One of “Forbes Best IPO Sites”, he is widely quoted by the IPO media including the Wall Street Journal, Dow Jones Business News, Dow Jones Newswires, Reuters, USA Today, TheStreet.com, CBS MarketWatch. IPOdesktop editors are quoted by The Wall Street Journal, Dow Jones Newswires, MarketWatch, Reuters, USATODAY, and others.
IPO Hardball!, the weekly podcast, is hosted by Gaskins at Streetiq.com. Gaskins himself often appears as a guest IPO commentator for CNBC and Bloomberg Television. On the internet, Gaskins is Co-host for the weekly IPO Hardball! Internet radio show, also broadcast from CBS Marketwatch. Mr. Gaskins holds a Harvard University Master of Business Administration (Finance) and from Princton, a degree in Economics. He has extensive experience in sales, marketing, pre-IPO financial analysis and valuations, fund raising, forecasting and budgeting, strategic modeling, general ledger and preparation of financial statements and market research.”
ABOUT BANCROFT URANIUM INC. (OTCBB: BCFT)
Bancroft Uranium Inc. is an exploration Company which intends to develop Uranium assets in North America. Bancroft’s initial asset, the Monmouth Uranium Project is envisioned to have the potential of a low cost, open pit uranium producer located close to infrastructure and end product buyers.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our uranium properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
Bancroft Uranium Inc.
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P. L. Hammond, C.A.
President and Chief Executive Officer
To find out more about Bancroft Uranium Inc. (OTCBB: BCFT), visit our website at www.bancrofturanium.com.
Public and Media Information: 1-877-544-7336
Shareholder and Investor Information: 1-866-860-2995
Source: Bancroft Uranium Inc.
For an in-depth analyst report, please visit: http://www.smallcapstockanalyst.com/
Silver Dragon Resources Inc.
(OTCBB: SDRG)
Current Price (0.14)
www.SmallCapStockAnalyst.com
BEIJING, May 27, 2008 -- Silver Dragon Resources Inc. (OTC BB:SDRG.OB - News) is pleased to announce the discovery of 23 Ag-Pb-Zn mineralized bodies at the Liangdi Silver Project (``Liangdi'') located in the Erbahuo Silver District in Northern China. Silver Dragon has been implementing a comprehensive exploration program at Liangdi including trenching and tunneling. The tunnel has progressed to 60 meters and revealed four parallel mineralized bodies with their thicknesses ranging from 1.4 to 2.5 meters. Silver Dragon Resources Inc. is a mining and metal company focused on the exploration, acquisition, development and operation of silver mines in proven silver districts globally. Silver Dragon's objective is to acquire silver mining assets that contain promising exploration targets, have highly leveraged, out-of-the-money silver deposits, and/or are producing properties with significant untapped exploration potential. It is management's objective to grow Silver Dragon into a significant silver producer by developing the Cerro las Minitas and the Erbahuo projects in Mexico and China. For more information, please visit the Company's website at: www.silverdragonresources.com (now available in Chinese).
Allos Therapeutics Inc.
(Nasdaq: ALTH)
Current Price (6.11)
www.SmallCapStockAnalyst.com
WESTMINSTER, Colo.--May 27--Allos Therapeutics, Inc. (Nasdaq:ALTH - News) announced the pricing of an underwritten public offering of 10,800,000 shares of newly issued common stock at a public offering price of $5.64 per share. The closing of the offering is expected to take place on May 29, 2008, subject to the satisfaction of customary closing conditions. The Company has granted the underwriters a 30-day option to purchase an additional 1,620,000 shares of common stock from the Company to cover overallotments, if any. Allos Therapeutics, Inc., a biopharmaceutical company, engages in the development and commercialization of small molecule drugs for cancer treatments in the United States. The company has three product candidates in development: EFAPROXYN (efaproxiral), PDX (pralatrexate), and RH1. Its lead product, EFAPROXYN (efaproxiral), a synthetic small molecule designed to sensitize hypoxic, or oxygen-deprived, tumor tissue during radiation therapy is in phase III clinical program for brain metastases from breast cancer; Phase I clinical program for non small cell lung cancer with concurrent chemotherapy; and Phase 1b/2 clinical program for cervical cancer. The company’s PDX (pralatrexate), a small molecule chemotherapeutic agent, which is in Phase I clinical program for stage IIIB-IV non small cell lung cancer; Phase 1/2 clinical program for non Hodgkin’s lymphoma and Hodgkin's disease; and Phase II clinical program for peripheral t-cell lymphomas. Its RH1, a small molecule chemotherapeutic agent bioactivated by the enzyme DT-diaphorase, which is in Phase I clinical program for lung, colon, breast, and liver tumors. Allos Therapeutics was founded in 1992. It was formerly known as HemoTech Sciences, Inc. and changed its name to Allos Therapeutics, Inc. in 1994. The company is headquartered in Westminster, Colorado.
ABC Funding, Inc.
(OTC BB: AFDG)
Current Price (0.67)
www.SmallCapStockAnalyst.com
HOUSTON--May 27--ABC Funding, Inc. (“ABC” or the “Company”) (OTCBB:AFDG - News) announced today that it has entered into a definitive Stock Purchase and Sale Agreement (“SPA”) to acquire all of the outstanding capital stock of Voyager Gas Corporation (“Voyager”) for total consideration of $42 million. Such consideration will consist of $35 million in cash (subject to adjustment) and 17.5 million shares of ABC’s common stock, having an agreed upon value of $7 million. ABC will own an approximate 100% working interest in the oil and gas properties of Voyager and will operate all of the properties. The Company expects to close the acquisition on or before August 20, 2008. ABC Funding, Inc. does not have significant operations. It intends to operate in the oil and natural gas industry by making acquisitions or by participating in strategic joint ventures. The company is based in New York, New York.
BPI Energy Holdings, Inc.
(AMEX:BPG)
Current Price (0.39)
www.SmallCapStockAnalyst.com
CLEVELAND--May 27--BPI Energy Holdings, Inc. (AMEX: BPG - News), an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, today announced that the Twentieth Judicial Circuit Court in Perry County, Ill., has granted summary judgment in its favor with respect to the previously announced litigation with ICG Natural Resources, LLC. BPI Energy (BPI) is an independent energy company engaged in the exploration, production and commercial sale of coalbed methane (CBM) in the Illinois Basin, which covers approximately 60,000 square miles in Illinois, southwestern Indiana and northwestern Kentucky. The company currently controls the dominant CBM acreage position in the Illinois Basin at approximately 500,000 acres.
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