NEW YORK, Feb. 1, 2008 (PRIME NEWSWIRE) -- Wall Street Reporter recently talked to executives from three natural resource companies pursuing opportunities in mining, oil, and even soil. These exclusive interviews with the CEOs of Tirex Resources Ltd. (TSX-V:TXX), American Resource Technologies Inc. (OTCBB:ARUR), and Soil Sub Technologies Ltd (ASX:SOI) can be listened to or downloaded at www.wallstreetreporter.com.
Hunting for big mineral deposits in Albania will take awhile, but Bryan Slusarchuk, CEO of Tirex Resources Ltd. (TSX-V:TXX), tells us the geologically rich country offers plenty of scale. "Tirex doesn't simply have a good project," he says. "We have a district of good projects. This isn't a single target."
Highlights of the interview:
- Why Tirex is "very excited" about recent geophysical work ahead
of the start of an ambitious drilling program.
- Formerly insular Albania's emergence as a prospective member of
both NATO and the European Union.
- The long time frame and "potentially world-class" volcanogenic
massive sulfide (VMS) opportunities posed by the company's
Mirdita tenement.
American Resource Technologies Inc. (OTCBB:ARUR) is taking a similarly long view toward using new equipment to enhance the potential of its already-producing oil and gas properties. "That's a pretty long-term project," notes CEO Fred Oden. Meanwhile, fresh drilling keeps finding new hydrocarbon zones on the company's most active lease. "We could have a very prolific oil and gas producer there."
Highlights of the interview:
- The prospect that gas repressurization could restore some of the
company's portfolio of existing wells back to first production
mode.
- Management's intense focus on "tripling or quadrupling" its
already extensive lease position over the next few years.
- Why Mr. Oden likens his company to "McDonald's in the `60s.
Soil Sub Technologies Ltd. (ASX:SOI) has spent the better part of a decade developing an organically certified substitute for topsoil and researching the most tempting markets for it, says CEO James Callianiotis. "On a daily basis, we're getting many different inquiries from around the world," he explains. "We have orders going into the Middle East."
Highlights of the interview:
- Detail on the company's product, which is manufactured from
agricultural waste and offers "great yield return on crops."
- Progress toward rolling the product out in China (where a $30
million contract has emerged) and the Middle East.
- The company's "huge" growth potential and established
environmental story.
Wall Street Reporter (Est. 1843) is the premier source of investment information on global public companies in high-growth sectors. Through its magazines, special reports, website, and conferences, WSR presents unique opportunities for discovering stocks before they appear on the radar of Wall Street. Visitors to its website, www.wallstreetreporter.com, can listen to and view exclusive audio and video from an extensive library of CEO interviews, analyst roundtables, and conference webcast presentations, as well as subscribe to WSR's "Smart Money Alert" -- a weekly update of stock picks and timely market insights from top analysts and stock gurus.
These interviews can be heard or downloaded now at www.WallStreetReporter.com. Listeners can also subscribe to the free podcast via Apple iTunes.
About Tirex Resources Ltd.
Tirex Resources Ltd. was formed to conduct mineral exploration and development activities in Albania. Tirex has acquired the 344 square-kilometer Mirdita property, covering most of the traditional Albanian mining district.
About American Resource Technologies Inc.
American Resource Technologies is a fully reporting, publicly traded energy company that specializes in enhancing and optimizing production from existing oil and gas properties and the expansion and discovery of domestic oil and gas reserves.
About Soil Sub Technologies Ltd.
Soil Sub Technologies Limited is engaged in the commercialization of the soil substitute organic growing medium product known as NutriMix. NutriMix looks like natural soil, but is derived by mixing organic products that include the byproducts of sugar or palm oil production.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.