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Thursday September 3, 2009

PennyOmega.com Stock Report!

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BakBone Software(R) (OTCBB:BKBO), a leading provider of Universal Data Management solutions, today announced that GameStreamer has selected BakBone NetVault(R): Replicator for real-time replication of gaming data across three major data centers. GameStreamer, a leading innovator in digital distribution and streaming solutions for games worldwide, has signed on to use NetVault: Replicator

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CYCC: Focus on Key Programs to Conserve Resources

Cyclacel Pharmaceuticals, Inc. (CYCC) is a clinical-stage company dedicated to the discovery, development, and commercialization of small molecule cell cycle inhibitors for the treatment of cancers and other serious disorders. The company's expertise lies in the area of Cell Cycle Inhibition which is a mechanism-targeted approach for the treatment of cancer and other serious proliferative diseases.

Cyclacel aims to develop novel, cell-cycle-based mechanism-targeted cancer therapies that will stop the growth of cancer cells and will limit the damage caused to normal cells. The company strives to develop anticancer drug candidates in all phases of the cell cycle and multiple compounds for particular cell cycle targets.

Relatively deep pipeline, but most are in early or middle stages of development

The company's lead development candidate, CYC682 (Sapacitabine), is an oral nucleoside analogue which is undergoing a

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With the prospect of 30 million pounds of uranium evaporating from the supply lines four years hence, Blackmont Capital research analyst George Topping sees sovereign stockpiling already beginning to make itself felt on the demand side of the equation. In this exclusive interview with The Energy Report, George says he sees the price nudging up to $65 by the end of this year, then to $70 in 2010, $80 in 2011 and $100 within five years.

The Energy Report: Let’s begin with some of your thoughts about uranium. Almost two years ago, spot prices hit a record $137 per pound. A year ago—well before the bottom fell out of virtually all the markets—the spot price dropped by nearly half, to the neighborhood of $70. You focus a lot of your attention on uranium. How do you see its future shaping up?

George Topping: The situation right now is you’ve got the spot …

George Topping, a research analyst specializing in the mining sector at Blackmont Capital, pays closer attention to uranium and copper than he does gold and silver, but in this exclusive interview with The Gold Report, he shares what he foresees: gold flat at $950 per ounce (in real terms) through 2011, copper at $1.80 per pound in two years, and uranium nudging up $100 per pound within five years.

The Gold Report: Let’s begin with some of your thoughts about uranium. Almost two years ago, spot prices hit a record $137 per pound. A year ago—well before the bottom fell out of virtually all the markets—the spot price dropped by nearly half, to the neighborhood of $70. You focus a lot of your attention on uranium. How do you see its future shaping up?

George Topping: The situation right now is you’ve got the spot price down at about $43 a pound …

A new trading week is underway, but it was the same old selling that occurred during Monday’s session on the Canadian Markets. For the tale of the tape, the TSX Exchange fell 0.32%, while the TSX Gold Index lost 2.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, gave back 1.80% with the decliners swamping the advancers by a 432 to 294 margin on 105 million shares traded.

WesternZagros Resources posted a fourth quarter loss of $6.7 million or $0.03 per share and that resulted in a C$0.275 fall to C$0.425. Geoinformatics Exploration has elected to walk away from its marriage proposal to Southwestern Resources. No reason was given. Southwestern ended the day down C$0.025 at C$0.205, while Geoinformatics ended flat at C$0.165.

Pacific Ridge Exploration and partner Aurora Energy Resources cut 0.22% U308 at the Lucky 7 zone on the Baker Lake

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VeraSun Energy (VSUNQ): Ain't No Sunshine When the Money is Gone

We remain bearish on VeraSun Energy (VSUNQ), which filed for Chapter 11 bankruptcy protection in October 2008, precipitated by after-shocks of significant hedging losses, weak ethanol prices and higher financing costs. Subsequently, the stock was de-listed from the NYSE.

However, the company was able to procure commitments for approximately $197 million in debtor-in-possession financing. With 12 of its 16 plants sitting idle, the company procured court approval for the sale of 7 of its plants as part of a new bankruptcy financing agreement.

VeraSun Energy on October 31, 2008 filed for Chapter 11 bankruptcy protection as a result of significant hedging losses and higher financing cost precipitated by expansion activities. VeraSun Energy shares have moved from trading on the NYSE (VSE) to the OTC (VSUNQ). VeraSun Energy received interim approval from a Delaware bankruptcy court judge to auction by the end of ...

A NASDAQ listing sends an encouraging signal to the stock investing community. This case is no exception, for the company has plenty of promise in its business model and a reservoir of resources. The stock price is yet to reach the minimum level for listing of $1, but the company has excellent chances of meeting the deadline for this qualifying mark.

The company is in the arena of Internet services, and has a special strength in web-conferencing. It offers a broad product range, and is poised to take full advantage of business and entertainment communications through the World Wide Web.

The management has sent a useful confidence-building signal by buying a block of its stock. This assertive action is based on superior business prospects in the near term and a sound cash-flow situation within the company. The CEO has been personally at the vanguard of this move.

The stock price has touched

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Trading on the American Stock Exchange and headquartered in Traverse, Michigan, Aurora Oil & Gas Corporation (AOG) is an independent energy company. Their focus is on natural gas and crude oil exploration, acquisition, development, and production. Their primary areas of operation are in the Michigan Antrim Shale and the New Albany Shale of Indiana and Kentucky. They also have projects in the Woodford Shale of Oklahoma.

Founded in 1997, they completed a reverse merger with Cadence Resources Corporation in 2005. This resulted in one enterprise focused on development of their existing acreage and on growth through acquiring properties. The company’s strategy is to pursue a continuous drilling program in the New Albany Shale. Here, they have one rig capable of drilling approximately twenty wells per year. Aurora Oil & Gas will drill, test, and immediately hook each well into their production system. They also plan to add another rig, and extend

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