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Gold/Mining/Energy : Navasota NAV The Helium Co. A Stock lighter than Air -- Ignore unavailable to you. Want to Upgrade?


To: zedex who wrote (8)6/17/1999 12:03:00 AM
From: David Michaud  Respond to of 59
 
Oh ya,

for the record:

Jun 16 1999
NAV $1.60




To: zedex who wrote (8)6/17/1999 6:23:00 PM
From: David Michaud  Read Replies (1) | Respond to of 59
 
Good volume. Stay tune.



To: zedex who wrote (8)6/21/1999 8:14:00 AM
From: David Michaud  Respond to of 59
 
Navasota closes $388,000 financing

Navasota Resources Ltd NAV
Shares issued 5,111,378 Jun 18 close $1.65
Mon 21 Jun 99 News Release
Mr. William Sanesh reports

On June 17, the company closed its private placement of units for total gross proceeds of $388,000. Each unit, comprised of one common share and one common share purchase warrant, was sold at a price of 78 cents. Each warrant is exercisable for one common share at a price per share of 78 cents. The warrants expire on June 17, 2000. Navasota will use the proceeds of this offering to repay existing short term debt, expense of the offering and the advancement of projects undertaken by the company. The common shares, warrants and common shares issuable upon exercise of the warrants
are subject to a statutory hold period ending on June 17, 2000.

In early May, 1999, the company learned that it had secured the exclusive right for 3 years to explore for helium and associated gases in east-central Saskatchewan. Navasota had asked for a greater than usual area to be granted. The permits cover 303 square miles in an area where helium gas has been reported in anomalous concentrations from 2 per cent to 89.5 per cent. In the United States, helium production is economic as a
byproduct of natural gas production where it has a helium content as low as 0.3 per cent. The worldwide demand for helium is robust and it is currently priced at over 40 times the present wellhead price of equivalent volumes of natural gas in Canada.

The company is pleased to report that it was featured in the June 14, 1999, issue of The Canadian OnLine Investor as a "high impact resource play - stock spotlight." The Canadian OnLine Investor is published on www.stockreviews.com by CanStock Information Services Corp., one of Canada's largest and most respected independent stock market newsletter publishers. Navasota Resources paid no fee for its inclusion in the
independent newsletter, which reviews a limited number of small Canadian public companies.



To: zedex who wrote (8)6/21/1999 8:14:00 AM
From: David Michaud  Read Replies (1) | Respond to of 59
 
The Gun is loaded.



To: zedex who wrote (8)6/30/1999 10:40:00 AM
From: David Michaud  Respond to of 59
 
I understand NAV will start a "Investor Awareness Program" very soon here...

That'll be nice.
D



To: zedex who wrote (8)7/12/1999 8:09:00 PM
From: David Michaud  Read Replies (1) | Respond to of 59
 
Navasota continues its search for Saskatchewan helium

Navasota Resources Ltd NAV
Shares issued 5,111,378 Jul 9 close $2.20
Mon 12 Jul 99 News Release
Mr. William Sanesh reports
In May, 1999, the company announced that it had secured exclusive rights
for three years to explore for helium and associated gases in east-central
Saskatchewan over more than 300 square miles of area. Helium has been
reported in anomalous concentrations of from 2.0 per cent to 89.5 per cent
in the area. Helium is usually a byproduct of natural gas production,
economic to recover when the helium content is as low as 0.3 per cent.
Worldwide demand for helium is robust. At U.S. plants, pure helium
presently sells for more than 40 times the same volume equivalent of
natural gas at the wellhead in Canada.
Navasota's search of records of previous exploration in the region
continues. All available cores from the nearest 17 test holes previously
drilled (16 looking for oil and gas and one for minerals) were examined.
This action confirmed that potential reservoirs exist in several formations
in the region. A compilation of results of all previous work of any sort,
on or near Navasota's permits, is under way. A summary of past reported
helium occurrences will be provided on the company's Web site,
www-navasota.com. The company's investigation shows that previously
conducted search for helium in near-surface showings was inhibited by the
high cost of in lab analyses and by sample handling delays. Therefore,
Navasota has ordered a special, highly portable, helium gas detecting and
measuring device. It permits analysis of helium in soil gas with a high
degree of accuracy which can be done in minutes and on site. The instrument
is Micro Gas Chromatograph (GC). It is made by Hewlett Packard. Nothing
like it existed when earlier exploration was done. The company will use a
strict protocol for maintaining accuracy of field results. It will do
frequent calibrations of its instrument and submit, at random but as
specified by independent labs, duplicate samples for confirming analysis by
independent conventional labs/
Navasota's soil gas sampling is only intended to better guide where seismic
should be done or more area taken. Seismic should identify specific
prospects to be tested by the drill. If all goes according to plan, testing
with the drill should occur in the winter of 1999/2000.
In late June and early July, Navasota's technical adviser made an aerial
reconnaissance of the entire permit area and did a ground inspection of key
past activity sites. He also represented the company at a general assembly
of the community that may be most affected by the company's intended
operations and explained to them what actions are planned. Navasota
considers it important that all such facts be known to forestall possible
future controversy based on rumour and gossip in this area where resource
extraction is not a familiar activity.
The company is beginning an aggressive campaign to increase investor
awareness of the company and its projects. Starting in early July, it will
conduct a large, sustained, direct mail program directed to investors who
regularly invest in small-cap stocks. The company will also increase its
presence on the Internet and will make spokespersons readily available for
radio and newspaper interviews. This investor awareness campaign is
intended to enlarge the shareholder base, a long-standing goal of the
company.