NEW YORK, Feb. 12, 2008 (PRIME NEWSWIRE) -- Wall Street Reporter has posted exclusive video interviews with the CEOs of three companies with long track records, solid projects, and plenty of cash in the bank: Lara Exploration Ltd. (TSX-V:LRA), U.S. Energy Corp. (Nasdaq:USEG), and Minefinders Corp. Ltd (TSX:MFL).
Investors can watch or download all three interviews, along with a rich library of additional content recorded at the 2008 Vancouver Resource Investment Conference at www. WallStreetReporter.com.
After starting life in the early 1990s, Lara Exploration Ltd. (TSX-V:LRA) is still developing solid mineral opportunities in Latin America but is now "doing it more aggressively" after a 2005 IPO, says CEO Miles Thompson. "We have access now to a huge pool of money."
Highlights of the interview:
-- An overview of "very good intercepts" recorded on the company's
two active gold projects in Brazil.
-- Mr. Thompson's confidence that the 20 million-ton copper resource
on the company's eponymous project in Peru can double in size due
to underlying porphyry and sulfide mineralization.
-- The "real kicker" represented by the company's increasingly close
relationship with Sprott Resources as a joint phosphate project
moves toward production.
U.S. Energy Corp. (Nasdaq:USEG) is also building on a long track record of exploration success, says CEO Keith Larsen. After selling the company's uranium assets for over $100 million, he's now on the prowl for new projects. "Uranium is a little overpriced but there's a few things I have my eye on," he says. ""We like silver, we like zinc, and as I mentioned, we've got a lot of money."
Additional highlights include:
-- Details on the company's Lucky Jack property, which Mr. Larsen
calls "the highest-grade molybdenum project that I'm aware of in
the world," as a way to play the so-called "energy metal"
molybdenum.
-- USEG's distinctive position as a major player in the booming
workforce housing markets of Gillette, Wyoming: the coal capital
of the world.
-- More on where Mr. Larsen is looking for M&A opportunities.
Minefinders Corp. Ltd. (TSX:MFL) has "spent a lot of time being very thorough" on its flagship Dolores precious metals project in Mexico, but CEO Mark Bailey says that time is close to paying off. "We expect to be producing here at the end of this quarter."
Highlights of the interview:
-- The value proposition that Dolores and its 3.1 million ounces of
gold and 149 million ounces of silver represents.
-- Why a smaller deposit nearby can give the company the chance to
bring an entire mining district into play in a very short period
of time.
-- His own plans to use $26 million in the bank to develop other
properties and possible acquisitions.
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 Lara Exploration Ltd.
Lara Exploration is a well-funded junior exploration company with projects in Brazil and Peru. The company's goal is to create shareholder value through maximizing the number of opportunities for participation in economic discoveries. Lara's common shares trade on the TSX Venture Exchange under the symbol LRA.
About U.S. Energy Corp.
U.S. Energy Corp. has an interest in over 403,000 gross acres prospective for coal bed methane (CBM) in the Powder River Basin of Wyoming and Montana and acreage adjacent to the Greater Green River Basin in southwest Wyoming. The company also controls Sutter Gold Mining Company, which owns properties in California prospective for gold, and through another subsidiary owns various interests in uranium properties in Wyoming and Utah.
About Minefinders Corp. Ltd.
Minefinders is a highly successful precious metals exploration company with advanced projects in Mexico and the United States. The company currently controls a large gold/silver resource at the Dolores project, has several excellent exploration projects, and is actively seeking new discoveries. Minefinders is listed as MFL on the Toronto Stock Exchange and as MFN on the American Stock Exchange.
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.