• Med BioGene Inc. Completes $1.8 million financing: Vancouver-based life sciences company Med BioGene Inc completed in September what may have been the only successful Canadian biotech public market financing in this quarter. MBI has three diagnostic tools for cancer and cardiovascular disease that use gene expression technology, and expects to see commercialization of its first product in 2009.
• NovaDX Ventures Corp. NovaDx Ventures is a Vancouver based merchant bank in the junior resource sector. It’s wholly owned Canadian Small Cap Resource Funds (www.cscrf.ca) subsidiary entered into a joint-venture agreement with Toronto-based Faircourt Asset Management (www.faircourtassetmgt.com) and completed a $5 million flow-through LP offering last spring. These funds are currently being deployed in flow-through shares of qualified early stage mining and oil & gas companies. The NDX and CSCRF websites highlight current portfolios of early stage resource companies held by both entities, as well as management’s views of selected companies in the sector.
• Columbia Yukon Explorations of Vancouver continues to produce excellent drill results on its Storie molybdenum deposit near Cassiar in northern BC. The company has more than $5 million cash on its balance sheet, is currently trading below cash value, and is fully funded for the next two years. Molybdenum is a strengthening element used in sectors like pipelines, nuclear power plants and auto production. At a stable price of $32 per pound, molybdenum is one of the few commodities that have resisted the general price retreat over the last few months.

1. Be Proactive: In poor markets is that Investment Advisors and Fund Managers tend to retreat and watch things happen. They become defensive, and reactive, and will easily liquidate holdings in their accounts as clients put pressure on them to go to cash. If you story is not one they know, or if they haven’t heard from you in a long time, your shares could be dumped. Get on the phone, be proactive.
2. Keep it Simple: You need to be able to tell the top three reasons why your stock should be held at this time. Keep it short, tell your Advisors that you appreciate the pressure they’re under, and tell them as well about the milestones that you’re going to achieve in the next 30-60 days – and call them back when you reach them. We develop very basic Fact Sheets tailored for IA’s that can help you in this effort. You can see samples on www.petersoncapital.ca or please contact me for more information.
3. Be realistic: There are lots of very undervalued stories out there – and yours is likely one of them – but it’s unrealistic to think anyone will step into this market in a big way and buy your stock. So, simply point out where the value is, tell the Advisors to keep you on their screen, and keep calling them back once a week with short, informative, polite and supportive phone calls. You will reap dividends down the road.

Please contact me at 604-684-2883 if I can be of any help.

Cordially,