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  • UQM Technologies, Inc. (UQM) PowerPhase® Electric Propulsion System Powers KleenSpeed Electric Race Car To New Record

    UQM Technologies, a producer of powerful and efficient electric drive systems for a variety of applications, is excited to congratulate KleenSpeed® Technologies on setting the record for fastest lap at ReFuel 2012. This is the fourth straight year in which the Kleenspeed team has set a new EV lap record at this event. The UQM PowerPhase Select® 145 electric motor and controller system is the power plant for the record-setting KleenSpeed EV-X11 electric racecar.

    "The KleenSpeed team continues to demonstrate the performance of electric vehicles and advantages of our PowerPhase electric drive systems, providing exceptional power and efficiency with minimal weight," said Eric Ridenour, UQM Technologies' President and Chief Executive Officer. "We congratulate the team on their continued success on the track, as well as the awareness they are bringing to electric vehicle technologies."

    Kevin Mitz of Rennwerks Motorsports drove the EV-X11 in the Open Prototype class during the 4th annual ReFuel event. The EV-X11 beat its own record lap time by turning in a 1 minute, 32.046 second lap on Mazda Raceway Laguna Seca. The KleenSpeed EV-X11 rode this record lap time to a first place finish in its class over a variety of other vehicles, including a Tesla Model S Prototype.

    "The performance of the KleenSpeed EV-X11 electric race car validates the disruptive technology of the KleenSpeed genESSsys(NYSE:TM) Race energy storage systems," said Tim Collins, President of KleenSpeed Technologies. "The UQM PowerPhase electric motor and controller are a great match for our system, making efficient use of the available power and requiring minimal space in the vehicle."

    UQM previously announced that it is also working with KleenSpeed on the company's World KAR platform that made its debut at the Stanford University 2012 Vehicle Concept Showcase. This vehicle uses the PowerPhase Pro(NYSE:R) 100 electric propulsion system.

    For further information, please visit www.aqm.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Tags: UQM
    Jul 13 2:43 PM | Link | Comment!
  • Oraco Resources, Inc. (ORAC) Is “One To Watch”

    Oraco Resources is a development-stage mining company that has accrued a solid operational track record of diamond and gold production by focusing on significant non-core projects that are underneath the targeting range of diamond majors, and which are identified by the company through copious due diligence, as well as rigorous employment of the company's vast array of industry contacts throughout West Africa and elsewhere (from mine owners and end market purchasers, to influential representatives in the acquisition areas). With an emphasis on acquiring projects (mainly diamond and gold, but also other lucrative mineral resources) that have both near-term production potential and a considerable projected lifespan, Oraco is hedging exceptionally well against the obvious shortfalls that will be created as global demand for diamonds and gold continue to increase at a geometric rate, while discoveries and production maintain only a relatively linear rate of increase.

    With an impressive acreage position of prime, well-researched sites already held at various levels of interest in the emergent diamond/gold regions of Sierra Leone, Oraco is well-positioned (especially when taking into account additional potential output from currently targeted acquisitions) to execute on their 25-30k carat/mo target within a 24-36 month window if negotiations pan out favorably. While most juniors in the diamond game are out hunting for new kimberlitic targets (peridotite rock formation type which typically forms/contains diamonds first discovered in Kimberley, Africa), Oraco is squarely focused on stable, near-term productivity vectors like high-grade alluvial/eluvial deposits too small for the majors, as well as projects that call for processing older kimberlite tailings reserves from larger mothballed mines.

    The growth potential of this strategy for putting more metal concentrates (sold to smelters), refined/unrefined bullion bars, as well as unfinished diamonds and gem-quality diamonds (the company cuts and polishes some of the higher end gems before selling them) on a hungry global market's doorstep is evident in relationships like the one formed with New York-based Ozuro Jewelry. The acquisition, distribution, and marketing agreement entered into with Ozuro pledges to give Ozuro first crack at diamonds and gold ahead of any other third party (active June 3, 2011 through June 3, 2014, with the price for gold being initially set at 90% of the London PM fix and diamonds initially set at 95% of the Rapaport Diamond Price Index, each as per date of sale) and showcases the shrewdness with which management has aligned a short-term production profile with tight end-market integration.

    ORAC has assembled a network of primarily alluvial interests that play off a strong regional strategy for Sierra Leone, with a few examples showing brilliant deal engineering by Oraco (net revenue divisions expressed as gross value of recovery determined by government agencies less recovery/evaluation costs):

    Tailings Number 5 (Kono District; estimated value of $300M with gross margin of 90%, or around $31.5M, due to low labor cost/high output; 70% of net revenues to wholly-owned subsidiary JYORK and 30% to local Gbense Chiefdom) - with an immediate move to trial mining (anticipated operational commencement is Q3 2012) helping to bring ORAC closer to the initial 2,500 carat/month and 500 oz Au production target for within the first year of operations, as well as recent estimates that place the project lifespan somewhere beyond a decade, this alluvial project targeting some 54.2M tons of diamondiferus gravel is the company's immediate front-runner. Proximal to the Tailings Number 11 (some $40M in gold according to Behre Dolbear Report from Dec, 2006), the Tailings Number 5 is in final planning and ORAC anticipates ordering an independent NI 43-101 to estimate total diamond and gold bearing gravels, as well as a drilling program aimed at fleshing out the project dimension/potential further, considering the deposit is near surface and diamond bearing from surface to bedrock (about 50 feet, ideal for a low-cost strip mining operation). Initial plant design would incorporate a simple pan plant for processing the gravel, with automated X-ray flow sort, and a secondary grease belt recovery system.

    Boroma (Kono District; net revenue split is 50% JYORK and 50% Boroma Gbense Chiefdom) - exceptionally rich little plot of about 10 acres just Northwest of Koidu that looks like a 2-month window for commencement. Operations would focus on processing previously pulled stone, as well as artisanal/alluvial mining focused squarely on the potential for high-quality, large stones evinced by previous (albeit minimal) site activity.

    Nimini Hills (Kono District; 69% JYORK and 31% Nimikoro Chiefdom) - recent findings (reported June 5) of high-grade diamonds in the geologically analogous kimberlite dykes of nearby Stellar Diamonds, PLC, and Koidu Holdings (a subsidiary of BSG Resources LTD) offers abundant cause for ORAC shareholders to get excited about the potential of this 12,355-acre (as per the October 12, 2011 survey) alluvial/artisan diamond and gold site. Returns on bulk sampling from the neighboring Stellar kimberlite dyke showed as much as 90 carats per hundred tons on some 346 dry tons of kimberlite, with values as high as 4.45ct on individual diamonds. The Stellar/Kono dykes run straight towards the sizeable ORAC property (the initial contract for which mistakenly underestimated the total size of the property, placing it at only 500 acres due to a conversion error by the Nimikoro Chieftains, making the deal a huge value). A 50-acre area mapped within the concession during the survey looks exceptionally good for starting alluvial mining and ORAC expects to begin on this plot sometime in July, 2012, with JYORK already in the process of obtaining an exploratory license and a small scale mechanized mining license.

    Zimmi (Pujehun District; 70% JYORK and 30% to Baysuagung-Gbeya Cooperative Mining Society) - a sprawling 35.4-mile alluvial diamond property originally developed back in the 80′s then mothballed before going into full operation due to the civil unrest in the region at that time. Large high-quality stones are indicated by extant data and the company's own geological testing. ORAC is looking to evaluate the site for mechanized mining and explore further to validate the projections offered by the company's considerable due diligence efforts (including internal development of all the necessary NI 43-101 prerequisites), which have drawn on all the available information from several years of previous drill, auger, and bulk sampling programs.

    Oraco is widely respected in Sierra Leone for their commitment to corporate responsibility goals and the company constantly strives to enhance local communities by providing good jobs and infrastructure, while conducting comprehensive back-end community relations. Building trust with local communities and civic leaders is a fundamental element of ORAC's business philosophy, and the only thing close to matching the company's dedication to the people employed in areas around its mine sites, is the company's steadfast emphasis on responsible stewardship of the land, its resources, and the flora/fauna.

    For more information on Oraco Resources, Inc., please visit the company's website at: www.OracoResourcesInc.com

    About MissionIR

    MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.

    Sign up for "The Mission Report" at www.MissionIR.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
    Oraco Resources, Inc. (OTCPK:ORAC) is "One to Watch"

    Oraco Resources is a development-stage mining company that has accrued a solid operational track record of diamond and gold production by focusing on significant non-core projects that are underneath the targeting range of diamond majors, and which are identified by the company through copious due diligence, as well as rigorous employment of the company's vast array of industry contacts throughout West Africa and elsewhere (from mine owners and end market purchasers, to influential representatives in the acquisition areas). With an emphasis on acquiring projects (mainly diamond and gold, but also other lucrative mineral resources) that have both near-term production potential and a considerable projected lifespan, Oraco is hedging exceptionally well against the obvious shortfalls that will be created as global demand for diamonds and gold continue to increase at a geometric rate, while discoveries and production maintain only a relatively linear rate of increase.

    With an impressive acreage position of prime, well-researched sites already held at various levels of interest in the emergent diamond/gold regions of Sierra Leone, Oraco is well-positioned (especially when taking into account additional potential output from currently targeted acquisitions) to execute on their 25-30k carat/mo target within a 24-36 month window if negotiations pan out favorably. While most juniors in the diamond game are out hunting for new kimberlitic targets (peridotite rock formation type which typically forms/contains diamonds first discovered in Kimberley, Africa), Oraco is squarely focused on stable, near-term productivity vectors like high-grade alluvial/eluvial deposits too small for the majors, as well as projects that call for processing older kimberlite tailings reserves from larger mothballed mines.

    The growth potential of this strategy for putting more metal concentrates (sold to smelters), refined/unrefined bullion bars, as well as unfinished diamonds and gem-quality diamonds (the company cuts and polishes some of the higher end gems before selling them) on a hungry global market's doorstep is evident in relationships like the one formed with New York-based Ozuro Jewelry. The acquisition, distribution, and marketing agreement entered into with Ozuro pledges to give Ozuro first crack at diamonds and gold ahead of any other third party (active June 3, 2011 through June 3, 2014, with the price for gold being initially set at 90% of the London PM fix and diamonds initially set at 95% of the Rapaport Diamond Price Index, each as per date of sale) and showcases the shrewdness with which management has aligned a short-term production profile with tight end-market integration.

    ORAC has assembled a network of primarily alluvial interests that play off a strong regional strategy for Sierra Leone, with a few examples showing brilliant deal engineering by Oraco (net revenue divisions expressed as gross value of recovery determined by government agencies less recovery/evaluation costs):

    Tailings Number 5 (Kono District; estimated value of $300M with gross margin of 90%, or around $31.5M, due to low labor cost/high output; 70% of net revenues to wholly-owned subsidiary JYORK and 30% to local Gbense Chiefdom) - with an immediate move to trial mining (anticipated operational commencement is Q3 2012) helping to bring ORAC closer to the initial 2,500 carat/month and 500 oz Au production target for within the first year of operations, as well as recent estimates that place the project lifespan somewhere beyond a decade, this alluvial project targeting some 54.2M tons of diamondiferus gravel is the company's immediate front-runner. Proximal to the Tailings Number 11 (some $40M in gold according to Behre Dolbear Report from Dec, 2006), the Tailings Number 5 is in final planning and ORAC anticipates ordering an independent NI 43-101 to estimate total diamond and gold bearing gravels, as well as a drilling program aimed at fleshing out the project dimension/potential further, considering the deposit is near surface and diamond bearing from surface to bedrock (about 50 feet, ideal for a low-cost strip mining operation). Initial plant design would incorporate a simple pan plant for processing the gravel, with automated X-ray flow sort, and a secondary grease belt recovery system.

    Boroma (Kono District; net revenue split is 50% JYORK and 50% Boroma Gbense Chiefdom) - exceptionally rich little plot of about 10 acres just Northwest of Koidu that looks like a 2-month window for commencement. Operations would focus on processing previously pulled stone, as well as artisanal/alluvial mining focused squarely on the potential for high-quality, large stones evinced by previous (albeit minimal) site activity.

    Nimini Hills (Kono District; 69% JYORK and 31% Nimikoro Chiefdom) - recent findings (reported June 5) of high-grade diamonds in the geologically analogous kimberlite dykes of nearby Stellar Diamonds, PLC, and Koidu Holdings (a subsidiary of BSG Resources LTD) offers abundant cause for ORAC shareholders to get excited about the potential of this 12,355-acre (as per the October 12, 2011 survey) alluvial/artisan diamond and gold site. Returns on bulk sampling from the neighboring Stellar kimberlite dyke showed as much as 90 carats per hundred tons on some 346 dry tons of kimberlite, with values as high as 4.45ct on individual diamonds. The Stellar/Kono dykes run straight towards the sizeable ORAC property (the initial contract for which mistakenly underestimated the total size of the property, placing it at only 500 acres due to a conversion error by the Nimikoro Chieftains, making the deal a huge value). A 50-acre area mapped within the concession during the survey looks exceptionally good for starting alluvial mining and ORAC expects to begin on this plot sometime in July, 2012, with JYORK already in the process of obtaining an exploratory license and a small scale mechanized mining license.

    Zimmi (Pujehun District; 70% JYORK and 30% to Baysuagung-Gbeya Cooperative Mining Society) - a sprawling 35.4-mile alluvial diamond property originally developed back in the 80′s then mothballed before going into full operation due to the civil unrest in the region at that time. Large high-quality stones are indicated by extant data and the company's own geological testing. ORAC is looking to evaluate the site for mechanized mining and explore further to validate the projections offered by the company's considerable due diligence efforts (including internal development of all the necessary NI 43-101 prerequisites), which have drawn on all the available information from several years of previous drill, auger, and bulk sampling programs.

    Oraco is widely respected in Sierra Leone for their commitment to corporate responsibility goals and the company constantly strives to enhance local communities by providing good jobs and infrastructure, while conducting comprehensive back-end community relations. Building trust with local communities and civic leaders is a fundamental element of ORAC's business philosophy, and the only thing close to matching the company's dedication to the people employed in areas around its mine sites, is the company's steadfast emphasis on responsible stewardship of the land, its resources, and the flora/fauna.

    For more information on Oraco Resources, Inc., please visit the company's website at: www.OracoResourcesInc.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Jul 13 2:42 PM | Link | Comment!
  • OTC Markets Group Inc. (OTCM) Is “One To Watch”

    OTC Markets Group dominates the world of unlisted stock data, bringing openness, transparency, and connectivity to new heights with robust financial information and technology services that drive home maximum situational awareness to investor and company alike. Drilling down to rock-bottom price transparency across some 10k OTC securities, the OTCM platform is enabled by wholly-owned subsidiary OTC Link LLC's OTC Link® ATS platform.

    OTC Link provides full interdealer quotation and messaging capabilities, linking together broker-dealers that provide liquidity and execution services. With a comprehensive suite of tools and services for performance tracking, price transparency visualization, price discovery, and U.S. securities regulatory compliance, the company has become the destination of choice for a huge range of companies, from sizeable international conglomerates, to small, development-stage companies.

    This broad spectrum of securities is quantified into one of three distinct categories based on the reporting method (SEC or Alternative) and disclosure category (current, limited, or no information). The OTC Market Tier system's top tier is OTCQX® The Intelligent Marketplace, which is reserved for the securities most worthy of investor attention and which are characterized by the best financial standards, having sound operating profiles, rigorous disclosure practices, and most importantly, a strong drive to actively engage investors. OTCQX brings the same settling/clearing procedure as with any U.S. NASDAQ or NYSE stock to a fully electronic trading environment via all major online brokerage firms like E*TRADE, Fidelity, Schwab, Scottrade, and TD Ameritrade.

    OTCQB® The Venture Marketplace is the second OTC Market Tier, and is comprised of companies current with U.S. regulatory reportage, while not requiring financial/qualitative standards. OTC Pink® tier, Current Information companies have at least made their filings accessible by the public via the OTC Disclosure & News Service (in accordance with either the International Reporting Standard or the Alternative Reporting Standard). The OTC Pink category may include shell companies and ones with unaudited financials, or development-stage companies with materially very little to no operations and is essentially a ripe field of highly speculative plays with potential for huge returns.

    Subsets of the OTC Pink® Tier are sorted by the discrete information level, with Limited Information (economically distressed companies with trouble reporting, or who will not meet the adequate current information standards policy) coming next, featuring companies that have limited financial data within at least six months on either the OTC Disclosure & News Service, or the SEC's EDGAR system. The No Information category is for companies unable, or simply unwilling, to disclose public information to regulators, exchanges, or OTC Markets Group itself. With any reported information occurring beyond a period of six months, companies in the No Information category may include defunct entities or companies that have otherwise gone dark, or bear highly questionable management/disclosure practices.

    The Grey Market (unlisted, unquoted, and untraded on any exchange) and Caveat Emptor (buyer beware; for public interest concerns like a spam campaign, spurious stock promotion, pending investigation of fraud, regulatory suspension, or disruptive corporate behavior) designations round out the lineup of security categories in the system. It is easy to see the how OTC Markets has risen to become an industry standard when we look at the extremely granular approach taken to creating a solution that delivers highly intelligent trading via any broker at an optimum price, while simultaneously empowering companies and investors alike through readily available information of immediately ascertainable quality/fidelity.

    The OTC Intelligence® service is a powerful suite of compliance and communication tools bundled together with the very best in business intelligence solutions and investor relations technology, for everything from PR/Financials publication and real-time data, to regulatory compliance and real-time market activity analysis.

    The OTC Disclosure & News Service is really like a central backbone for huge volumes of data to come out from non-SEC reporting companies and it's also a superb means for companies to cultivate market transparency, helping to ignite external market making and supercharge their stock's liquidity. By disseminating press releases and financial reports rapidly to the markets, highly-engaged companies can accelerate investor awareness.

    Real-Time Level 2 Quotes offer penetrating depth of insight with bid, ask, and size at the fingertips for subscribing companies (and a feed is also made available for subscribing company websites to integrate using the technology's full API). OTC Markets even helps companies comply with Blue Sky laws via their Blue Sky Monitoring Service (upgrade from the default Blue Sky Snapshot), giving companies a no-hassle solution for complex state-by-state compliance and granting huge assurances to broker-dealers that they can easily recommend the security to clients.

    The recent announcement that financial data analytics powerhouse EDGAR Online, Inc. launched their OTC Fundamental Data Service, an OTC market dataset specifically designed to facilitate information distribution on non-SEC disclosure companies (developed in close partnership with OTCM), will bring this new pipeline to both the OTC Markets Group website and Yahoo! Finance quote pages. EDGAR Online will drive the new dataset out through its own I-Metrix Pro platform and web services, as well as via relationships with other authorized financial data platforms, bringing a whole new paradigm of transparency to the OTC space and giving those companies even broader access to potential investors.

    For more information on OTC Markets Group Inc., please visit the company's website at: www.OTCMarkets.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Tags: OTCM
    Jul 13 2:40 PM | Link | Comment!
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