Stocks to Watch: Bancroft Uranium Inc (OTC BB: BCFT), GoldSpring, Inc. (OTC BB: GSPG), SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG), Canadian Superior Energy Inc. (AMEX: SNG), Oracle (NASDAQ: ORCL)
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Featured Stock: Bancroft Uranium Inc (OTC BB: BCFT)
Current Price (0.75)
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Bancroft Announces More Drilling Results and Begins Engineering for N.I. 43-101 Report
Scottsdale AZ -- Bancroft Uranium Inc. (OTCBB: BCFT) (“Bancroft” or the “Company”) is pleased to announce the third in a series of drilling results from the Spring 2008 surface drill program conducted at the Monmouth Uranium Project, near Bancroft Ontario. The Company today is releasing assay results from drill holes 08-29 through 08-40 as outlined below.
The Company anticipates having all drilling results by next week to begin calculating the uranium resource at Monmouth. Bancroft is the process of preparing a detailed engineering report on the Monmouth Uranium Project to comply with N.I. Policy 43-101, a recognized world mining standard.
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GoldSpring, Inc. (OTC BB: GSPG)
Current Price (0.02)
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GOLD HILL, Nev., GoldSpring, Inc. (OTC Bulletin Board: GSPG - News), reported today that it has received a Preliminary Interim Resource Report from Telesto Nevada Inc., an independent geology firm. The report provides an estimate as to the contained resource gold ounces currently drill indicated at GoldSpring's Hartford Complex in the Comstock Lode District, which represents less than 5% of the acreage of the Company's overall land holdings. Based on the 38 drill holes completed to date, the report indicates a resource of 4,926,000 tons grading 0.080 ounces per ton gold containing 392,000 ounces at a cutoff grade of 0.030 ounces per ton. Based upon a per ounce gold price of $892 (which was the range of price reported yesterday on http://www.goldprice.org), the mathematical evaluation based upon the resource identified in the Report would be approximately $350 million. The Report excludes hole #40, which was the subject of a press release issued by the Company yesterday, or additional drilling activity that has been conducted subsequent to May 30, 2008. The resource is highlighted by 930,000 tons grading 0.209 ounces per ton gold containing 194,000 ounces of gold using a 0.100 ounces per ton gold cutoff grade.
SpongeTech® Delivery Systems, Inc. (OTCBB: SPNG)
Current Price (0.05)
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NEW YORK -- SpongeTech® Delivery Systems, Inc. (OTC Bulletin Board: SPNG - News) is pleased to announce they are now giving away an additional 10,000 of their cutting-edge, biodegradable quick wash and wax sponges. The FREE give-away is part of SpongeTech®'s strategy to continue their national brand awareness and to 'Thank the Dads' out there. Each biodegradable sponge is designed with their cutting-edge technology and is good for up to 8 or more car washes.
Canadian Superior Energy Inc. (AMEX: SNG)
Current Price (4.52)
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CALGARY, ALBERTA -- Canadian Superior Energy Inc. ("Canadian Superior", the "Company") (Toronto:SNG.TO - News)(AMEX:SNG - News) announced today that it will be presenting today at the Energy Capital Investment Symposium 2008 being held in Houston, Texas on June 11, 2008.
Oracle (NASDAQ: ORCL)
Current Price (22.07)
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BOSTON -- Enterprise 2.0 Conference
Oracle (Nasdaq: ORCL - News) today announced Oracle® Sales Prospector, a new
social CRM application designed to enhance CRM and the productivity of sales professionals. Previewing this week at the Enterprise 2.0 Conference during the Oracle keynote on Wednesday, June 11, Oracle Sales Prospector is the first of a new class of Oracle Social CRM Applications that leverage collective intelligence to give sales professionals qualified leads faster. With an intuitive, Web 2.0-type user experience, Oracle Sales Prospector identifies what to sell to which potential prospects based on buying patterns.
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