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CCM Research Reissues Update Report on Bard Ventures Ltd.
CCM Research Reissues Update Report on Bard Ventures Ltd.
About this update from St. James Gold Corp
[{"type":"text","content":"CCM Research Reissues Update Report on Bard Ventures Ltd.\n\n\n\nCCM Research Reissues Update Report on Bard Ventures Ltd.\n\nVancouver, British Columbia CANADA, February 11, 2009 /FSC/ - Bard Ventures Ltd. (CBS - TSX Venture), \n\nCCM Research has reissued its (February 9th, 2009) Update Report for Bard Ventures Ltd. The reason for the reissue was due to a calculation error that occurred when attempting to indicate the value of Molybdenum deposits per share. The flawed report has been removed and a link to a free copy of the amended report can be found further down in this press release.\n\nCCM Research analyst, Walt Spaude, CFA, has written an update report on Bard Ventures Ltd.\n\nBard Ventures Ltd. (CBS: TSX-V) is a small cap mineral resources company with acquisitions in British Columbia. Vancouver-based Bard Ventures' primary mining focus is the Lone Pine Molybdenum Project (molybdenum drilling program underway), and the Wasi Creek Zinc Lead Silver Project, both located in northern B.C. Canada.\n\nIn the report the analyst states, \"In a significant development, a newly released resource estimate for the Lone Pine property provides independent third party verification of substantial deposits of Molybdenum.\"\n\nThe analyst continues, \"While project timing and development and extraction expenses are significant unknowns, the potential payback is large enough that the share price could have significant upside even before extraction activities begin.\"\n\nRegarding risk factors, the analyst notes: \"While Bard is an exploration stage company with significant risk inherent to the natural resource extraction business, it does have a limited risk profile relative to that industry sector overall. All properties are located in North America resulting in minimal country specific political instability and property rights risks, and a low foreign exchange risk.\"\n\nA free copy of the report can be found at: http://www.baystreet.ca/articles/research_reports/ccm_research/CBS_UpdateReport_Feb112009.pdf \n\nCCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Corporate Advisory division, entered into a one year $60,000.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market...