ATLANTA, GA -- (Marketwire) -- 12/06/12 -- Marble Arch Research, Inc. announced today that it has INITIATED COVERAGE on MCW Enterprises Limited (TSX VENTURE: MCW) with a 12-month price target of $2.80.
Marble Arch Research, Inc. initiated a BUY rating for MCW Enterprises Limited, a Canadian holding company engaged in the fuel distribution and oil sands extraction through its two operating subsidiaries: MCW Fuels and MCW Oil Sands Recovery.
About MCW Enterprises Limited
MCW Enterprises Limited (MCW) is a Canadian holding company engaged in fuel distribution and oil sands extraction through its two operating subsidiaries: MCW Fuels and MCW Oil Sands Recovery (OSR). Originally named McWhirter Fuels, MCW Fuels was established in 1938 and generates stable and increasing cash flows. MCW OSR was recently created, tasked with applying the company's proprietary process for extracting bitumen from oil sand deposits in the U.S. Encouraged by its extraction technology testing in Russia, MCW has initiated plans to establish a portfolio of oil sand leases and bitumen extraction plants initially in Utah the largest oil sands deposits in the U.S. In our view, MCW's business plan is credible and, if executed well, could generate considerable upside potential for the company share price in the medium-term.
A copy of the MCW Enterprises Limited initial research report may be obtained from Marble Arch Research, Inc. by emailing email@example.com
About Marble Arch Research, Inc.
Marble Arch Research, Inc. is an Atlanta based company that covers small and micro-cap companies with market capitalization up to $1 billion, by concentrating on emerging companies with strong management teams focused on shareholder value and sustainable competitive advantage. Our analyst written research reports highlight the company's market opportunity, technology, management, competition and other key differentiators that may affect their long- and short-term valuation. Marble Arch Research, Inc. focuses on those public companies that lack or have minimal Wall Street research analyst coverage.
Marble Arch Research, Inc. research reports are commissioned and paid for by the companies covered, or by third parties. Marble Arch Research, Inc. distributes reports across multiple platforms to investors and financial professionals worldwide.
This report/release is for informational purposes only. All information contained herein is based on public information. Marble Arch Research, Inc. complies with securities laws, regulations and ethical standards as related to our legal and compliance requirements. Certain securities regulations are cited and disclaimed in our Disclaimer. Ethical standards as related to our firm are the foundation of those securities laws and regulations we follow. Our firm is not a member of any association for other research providers. Our firm's policy is to comply with any new securities laws and regulations that might be promulgated in the future.
Marble Arch Research, Inc. is not a registered investment advisor that distributes contracted third party independent research purchased from outside third party contracted securities analysts. To access the complete disclosure and disclaimer, to request a copy of the MCW Enterprises Limited report please email firstname.lastname@example.org
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "Safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involved risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
Marble Arch Research, Inc.
Michael J. Price
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