Passport Potash: New Chairman, Large Resource

This AM we examine a Canadian company, Passport Potash (PPI TSXV). In April 2011 we visited the company’s Holbrook Basin potash deposit. We wrote our most recent Morning Note on April 2, 2012. Since then a number of good things have happened to this company. Perhaps most important a new Chairman formerly from mining giant RTZ, David J. Salisbury has joined and strengthened the management team. I met with David in New York in May and was duly impressed. He sees this project as very doable and one that he will see through to fruition. Mr. Salisbury has had an extensive career in the mining industry. He spent 17 years with Rio Tinto. There he served as CEO and President of Resolution Copper Mining as well as President and CEO of Kennecott Minerals Company.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]

New York, NY - July 2, 2012 (Investorideas.com Newswire) Investor Ideas, www.InvestorIdeas.com, a global investor research portal for independent investors, issues a tech stock trading alert for Brightpoint, Inc. (Nasdaq:CELL), gaining over 60% on acquisition news. The stock is trading at $8.84, up $ 3.43 (63.31%) 12:35PM EDT on over 23 Million shares.

 Ingram Micro Inc. (NYSE:IM) and Brightpoint, Inc. (Nasdaq:CELL) announced today they have entered into a definitive agreement under which, subject to customary closing conditions, Ingram Micro will acquire all of the outstanding shares of BrightPoint common stock for $9.00 per share in cash, a 66 percent premium to BrightPoint's closing stock price on June 29, 2012, and a 35 percent premium to the 90-day average trading price.

New York, NY- June 29, 2012 (www.Investorideas.com Newswire, www.homelanddefensestocks.com ) Investorideas.com, a leader in sector research for independent investors issues a trading alert for NASDAQ top percentage gainer this morning, Smith & Wesson Holding Corporation (NASDAQ:SWHC), trading at $8.05, up $1.16 or (16.84%) as of 10:15AM EDT on over 2.4 Million shares . The Company reported “Record Fourth Quarter and Full Year Fiscal 2012 Financial Results” in news yesterday .

 Net sales from continuing operations for the fourth quarter were a record $129.8 million, up 27.7% from the fourth quarter last year.  The increase was driven by strong sales of M&P™ polymer pistols and M&P modern sporting rifles.

European Uranium Resources – The Drill Surprises at Kuriskova (Chris Berry)

Yesterday, European Uranium Resources (EUU:TSXV,TVCFD:OTCBB), a company we introduced recently, reported positive results from the first of three metallurgical drill holes1 on its 100% owned Kuriskova uranium deposit in Slovakia. Though a 3-hole drill program might seem small, the company is pursuing this strategy to confirm the grades at the deposit and add depth to its existing feasibility study.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]