SOURCE: Anglo Swiss Resources, Inc.

May 09, 2008 09:30 ET

Taglich Brothers Initiates Coverage on Anglo Swiss Resources, Inc.

NEW YORK, NY--(Marketwire - May 9, 2008) - Taglich Brothers, Inc. announces it initiated coverage of Anglo Swiss Resources, Inc. (OTCBB: ASWRF).

Anglo Swiss Resources (ASWRF), headquartered in Vancouver, B.C., is engaged in the acquisition, exploration management and purchase of mineral properties which it aims to develop and commercialize profitably. Its principal properties are located in south eastern British Columbia (Canada). The company also has potential diamond yielding properties in Canada's Northwest Territories. Currently, none of the company's properties are productive.

The company is engaged in the acquisition and exploration of mineral properties. Its primary assets are the Kenville Mine Property, once a productive gold mine, the Blu Starr Gemstone Property, and the McAllister Pipe Property, all in south eastern British Columbia, Canada, and two properties in Canada's Northwest Territories that could potentially yield diamonds. Those diamond properties are in the Slave Craton/Lac de Gras region of the Northwest Territories, the site of Canada's first two productive diamond mines.

The complete 16-page report is available at www.taglichbrothers.com.

Taglich Brothers, Inc. is a full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.

We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in this report are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from the Director of Research. As of the date of this report no Taglich Brothers, Inc. employees had a position in the stock of the Company mentioned in this report: All research issued by Taglich Brothers, Inc. is based on public information. For the creation and dissemination of research reports, the company paid a monetary fee of US$12,000 in March, 2008, with another US$12,000 payable six months from the publication of an initial research report on the company. After 12 months of research coverage by Taglich Brothers, Inc., the company will make monthly payments in the amount of US$2,000 for the creation and dissemination of research reports until coverage is terminated by either party.

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Contact Information

  • Contact:
    Richard Oh
    Taglich Brothers, Inc.
    631-757-1500