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Gold/Mining/Energy : The 1999 SI $1.00 & Under Canadian Stock Market Contes

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To: Buckey who wrote (697)6/15/1999 1:09:00 AM
From: mark calgary  Read Replies (1) of 740
 
John - re my cancelled PYI trade

All the cash that I was putting into PYI now please put it into FCP on the TSE - First Calgary Petroleum

To All Re IPX - since I bought this stock in January it has gone up 60% ( .78 jan 25 now 1.25 - was actually at 1.40 today at open )

If I could buy more under the contest rules I would - but John says no - too bad.

I got my hands on a very recent First Marathon report and what doesn't seem to have come out in any press release is the following -

"The long term prospects of the company's condominium conversion program, **** its INTERNET APPLICATIONS that will increase the number of qualified condominium unit investors ****, the strong acquisition team.... ....our 12 month target price is $2.40."

Even if they are only half right about price appreciation between now and then, this is still a 50% increase waiting to happen, and based on the results of the last couple of months, it seems that they will get there.

Mark
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