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Eagle Plains Resources 'Speculative Buy/ 4' Rating Reiterated By Investrend Analyst Sharifzadeh In 'Benchmark' Research Update, Citing Expanded Exploration In 17 Projects.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- (Investrend Research Syndicate) Eagle Plains Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:EPL 1. EPL - Early PL/I.
2. EPL - Experimental Programming Language.
3. EPL - Eden Programming Language. U Washington. Based on Concurrent Euclid and used with the Eden distributed OS. Influenced Emerald and Distributed Smalltalk.
) has been reiterated as "Speculative Buy /4" in a "Benchmark" Research Update by Investrend Research Analyst Mohammad Sharifzadeh, PhD., CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , noting results from exploration in 2006 as probable key catalyst for the company in 2007.

The full report is at http://www.investrendresearch.com. In it the analyst also stated:

"EPL has an ambitious and diversified exploration program and is debt free with over $4.02 million in cash and cash equivalents as per the quarterly results announced by the company as of September 30, 2006.

"Two of the company's properties, Blende blende: see sphalerite.  and Sphinx sphinx (sfĭngks), mythical beast of ancient Egypt, frequently symbolizing the pharaoh as an incarnation of the sun god Ra. The sphinx was represented in sculpture usually in a recumbent position with the head of a man and the body of a lion, , have significant inferred resources; lead, silver, zinc, and molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. . EPL is in the process of expanding these inferred resources,

"During the Fiscal Year 2006 EPL announced it and its joint venture partners have invested $4 million in exploration activity on 17 projects with 3 projects involving drilling activity, 2 of which were for expanding existing inferred resources.

"We believe the results from the exploration activity conducted in 2006 will be the key catalyst for the company, as new information regarding the inferred/potential reserve levels at these properties becomes available."

The full report, including important disclosures and disclaimers, is available at http://www.investrendresearch.com, and at the company's InvestorPower Page at

http://www.investrend.com/company/Company.asp?id=1396&s PathParam=yes&sAlias=v.epl. (Due to its length, this URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.

Eagle Plains is enrolled in Investrend Research's pioneering professional research program, which facilitates independent analysts to provide coverage for shareholders in companies that otherwise would have little or no analyst following. Enrollment fees for Benchmark coverage are $26,800, and the fees are being paid by Cronus Capital Markets (a "Third Party"). Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary interest, and neither the analyst nor anyone associated with Investrend Research may own or trade in the stocks of a company under coverage.

Investrend subscribes to the "Standards of Practice for Research Providers" at http://www.firstresearchconsortium.com, and its research is enrolled for investor monitoring by the not-for-profit Shareholders Research Alliance, Inc. (http://www.shareholdersresearch.com).

Anyone interested in receiving alerts regarding Eagle Plains research should email contact@investrend.com with "EPL" in the subject line.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Date:Dec 4, 2006
Words:418
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