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NEAA Venture Research LLC Updates Research on America West Resources, Inc (OTC BB: AWSR.OB)

2011-05-24 11:33 ET - News Release


NEW ORLEANS -- (Business Wire)

NEAA Venture Research LLC, an independent provider of research on micro cap companies, issued an update report on America West Resources, Inc (OTCBB: AWSR) today. Clay Mahaffey, CFA Research Director said “In the 1st quarter America West made positive steps in executing on their business plan: coal production nearly doubled, margins improved and a significant financial restructuring took place. The US and export markets have a favorable long term outlook due to growing consumption of coal by China and India.”

To receive a complimentary copy of the research report please visit http://eagleandangel.com/page/pdf/AWSR_Final.pdf

About: NEAA Venture Research LLC is an independent research provider covering emerging and micro cap companies and is affiliated with National Eagles and Angels Association, an alliance of individual investors and business angels. NEAA VR LLC is introducing a series of research products for members only as well as others for the general public. The focus is on actionable ideas within the microcap company universe.

About America West Resources, Inc.

Headquartered in Salt Lake City, Utah, America West Resources is an established domestic coal producer focused on the mining of compliant (low-sulfur) coal and its sale primarily to utility companies and industrial customers in the western U.S., China and Europe. The Company operates the Horizon Mine, which has recoverable compliant coal reserves under lease of approximately 12 million tons. For more information, please visit www.AmericaCoal.com.

Disclosure: This is not a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Any investor should determine whether a particular security is suitable based on the investor's objectives, other securities holdings, financial situation needs, and tax status. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness is not guaranteed. An officer of NEAA VR LLC received ten thousand dollars and twelve thousand five hundred from the Company for services including preparation of this report. An officer of NEAA VR LLC is a Director of the Company. The equity research report is prepared for informational purposes only and is not a recommendation of a solicitation to purchase or sell any security, nor does it constitute investment advice.

Contacts:

NEAA Venture Research LLC
Clay Mahaffey, 504-525-2161
Research Director

Source: NEAA Venture Research LLC

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