KAL Energy, Inc. Receives New Upgraded Rating by Respected Research Firm
New Coal Seam Discovered on East Kalimantan Concession
LONDON–(BUSINESS WIRE)–KAL Energy, Inc. (OTCBB: KALG.OB – News) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC), has initiated a new upgraded rating on KALG to “Outperfom”, and raising its 12 month target price from $3.30 to $4.00. This upgrade to “Outperform” comes at a time when the company has found a new coal seam on one of their concessions. This new seam was discovered during the company’s $2 million drill program. The new seam is approximately 1.5 meters thick, with the extent and quality to be determined by further drilling. Management plans to complete Phase I of drilling by the second quarter of 2007. The work program, currently in progress, includes over 5,700m of deep drilling, with 57 holes planned at depths ranging from 50m to over 200m.
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Telecom Communications, Inc. (OTCBB: TCOM)
MyStarU Joins the Train Volunteer Program of Beijing Olympics 2008
BEIJING, April 20 /Xinhua-PRNewswire-FirstCall/ — Telecom Communications, Inc. (OTC Bulletin Board: TCOM.OB – News), the Total Solutions Provider, announced today that its subsidiary, MyStarU.com online education, sold the exclusive license to a master franchisee – Jointed Vocational Education Programs (”JVEP”) in Beijing, an affiliate of the official partner of Beijing Olympics.
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http://stockguru.com/profiles/tcom/news.php
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