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eResearch Issues Initiating Report on Ascendant Copper Corporation

eResearch Issues Initiating Report on Ascendant Copper Corporation.

articleVital Energy Inc.May 2, 20064/company/vital-energy-inc-1/news/eresearch-issues-initiating-report-on-ascendant-copper-corporation
eResearch Issues Initiating Report on Ascendant Copper Corporation

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[{"type":"text","content":"\n\n\n\n\nTORONTO, May 2 /CNW/ - eResearch analysts, Michael Wood, B.A. Sc. (Mining\nEngineering), and Bob Weir, B.Sc., B.Comm., CFA have written an Initiating\nReport on Ascendant Copper Corporation (TSX:ACX). Ascendant Copper Corporation\nis engaged in the exploration of copper in Ecuador, where it has a 100%\ninterest in two large mining concessions.\nIn the Report, the Analysts state, \"Ascendant Copper is flush with cash\nand about to embark on an aggressive exploration program. It expects to\ncommence drilling on one of the properties later this year, after an\nenvironmental impact study has been completed.\"\nThe Analysts went on to say, \"Against the background of strong base\nmetals demand worldwide, and provided the Company can advance its projects\nforward in a timely and positive manner, we believe there is considerable\nupside for the shares from current levels over the longer term.\"\n\neResearch is Canada's primary source for independent, quality, investment\nresearch, focused primarily on small- and mid-cap companies. Our focus is on\nidentifying interesting, under-valued, under-covered, and over-looked\ncompanies that have interesting prospects, sound management, and significant\npotential for share price appreciation. We provide the investment community\nwith a consistent, quality source of information and analysis, which has the\npotential of reaching up to 6 million global investors through our\ndistribution networks. Clients include institutional and retail investors,\ninvestment dealers, limited market dealers, and corporations. eResearch does\nnot trade in the securities of the companies it covers, nor does it accept any\nstock related compensation for research services. eResearch does not engage in\nretail or institutional sales, trading, or corporate finance activities, nor\ndoes it conduct investment banking or investor relations services for the\ncompanies covered.\nAscendant Copper Corporation paid eResearch a fee of US$17,500 to conduct\nresearch on the Company, on an Annual Continuous Coverage basis.\n\n\n\n\n","length":2108,"tagName":"div"}]

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