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Fundamental Research Reinitiates Coverage on West Mountain Capital (TSXV:WMT) - Video Summary Posted on InvestmentPitch.com


May 13, 2013 - London

Vancouver, British Columbia, May 13, 2012 - Fundamental Research has reinitiated coverage on West Mountain Capital (TSXV:WMT). Analyst Siddarth Rajeev gives the company a speculative buy rating and a fair value price of $0.45, a premium of 87% over the $0.25 price the day the report was issued.

InvestmentPitch.com has produced a "video news alert" based on this report. If this link is not enabled, please visit www.InvestmentPitch.com and enter "West Mountain" in the search box.

West Mountain Capital, through its wholly owned subsidiary, Phase Separation Solutions, is in the business of thermal treatment of soil, sludge, and other waste streams.

The company has exclusive rights from Schlumberger to use the patented Thermal Phase Separation technology in China, Canada and the United States. The technology, originally developed in Canada for the commercial treatment of PCB impacted soils, consistently produces a safe, clean soil that is ideally suited for use as fill material.

The extracted contaminants can then be safely destroyed using proven chemical dechlorination technology or managed by a high temperature thermal treatment facility. In many cases where the contaminants are non-hazardous and valuable they can be recovered for recycling and even sale.

The company has entered into a number of agreements that have positioned it for growth in China in the areas of contaminated soil treatment and the recovery of oil from oily sludge waste. The company started generating its first revenues in China through a soil treatment contract, with revenues estimated at $1.75 million for West Mountain Capital in 2013. According to Fundamental Research, China is one of the fastest growing soil treatment markets.

The company is trading at $0.26 and with 37.9 million shares outstanding, is capitalized at $9.9 million.

For more information, please visit the company's website at www.phaseparation.com, or contact Steve Clarke, VP Business Development at 778-985-5256 or email sclarke@phaseparation.com..

You can also obtain a copy of the Fundamental research report at www.researchfrc.com.

InvestmentPitch.com is a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals. InvestmentPitch.com specializes in producing three minute videos based on news releases and research reports.

CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
604-684-5524
bmorgan@investmentpitch.com





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Source: InvestmentPitch via Thomson Reuters ONE

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