To: myturn who wrote (37692 ) 3/17/2000 10:44:00 PM From: Jim Bishop Read Replies (1) | Respond to of 150070
MOAT Someone watching the tread passed this email he received on to me tonight. I believe he received it well after the market had closed, but I'm not positive. ------------------------------------------------------ - geocities.com Stock Champions pick of the week! We will not list this one on our web page until this weekend!! Thank you for your patronage. geocities.com As always do your own DD & invest wisely. MOAT: Castleguard Energy, Inc. (the "Company") is an independent energy company engaged in the exploration for and the acquisition, development, exploitation and operation of crude oil and natural gas properties, and in the production of crude oil and natural gas in North America. The Company's activities are conducted principally in the States of Texas and Louisiana. The Company's business strategy has been to increase its reserves, cash flow and underlying net asset value through a combination of acquisition activities and of exploration and development. To date, the Company's activities have been focused on properties in Texas and Louisiana. The Company's objective is to acquire and develop producing crude oil and natural gas properties that contain the potential for increased value through exploitation and development. As a part of its strategy, the Company will attempt to acquire and develop producing crude oil and natural gas properties in areas where the Company has working knowledge and operating expertise. Additionally the Company is currently acquiring leases in North Texas to drill two development wells for several Pennsylvania and Pre Pennsylvania reservoirs. Also in North Texas, the Company is participating in a 30 square mile 3-D seismic shoot to evaluate shallow oil potential in numerous reservoirs above 3500 feet. This seismic shoot could yield multiple prospects in a very large geographic area. Acquisition of all quality 2-D seismic data indicate several excellent definable prospect areas. Very shallow depths and reasonable drilling and completion costs make this an area excellent for return on investment. As of December 3rd 1999 there has been no salaries paid to any of the officers or Directors of the company. Directors are not compensated for acting in their capacity as Directors. Directors are reimbursed for their accountable expenses incurred in attending meetings and conducting their duties. Reportedly Castleguard Energy will be filing their financial reports around the 24th of this month. Around that time they will issue a PR stating the company has assets around 2 million and that they are profitable. Taking all of this positive information into consideration we are giving MOAT a short term target price of $4 and a long term target price of $10. From Last Press Release on 2/16/2000 biz.yahoo.com "Castleguard Energy Inc. (OTCBB Symbol MOAT) a Dallas based oil and gas company is pleased to announce that it has satisfied the requirements of the Securities and Exchange Commission to become a fully reporting company on the OTCBB. The company submitted its 10SB Registration in December 1999 and was given an effective date of February 7th 2000 to become a reporting company. Castleguard Energy Inc. has approved a stock repurchase program authorizing the Company to repurchase and cancel up to 1,000,000 shares or 7% of its 14,750,626 outstanding common stock. The repurchase and cancellation will be made from time to time at the discretion of the management of the Company." OS: 14,750,626 million share Float: around 11 million Available stock in the market that is considered free trading is around 4 million. Current Share Price: $.54 Castleguard Energy 4625 Greenville Avenue, Suite 203, Dallas, TX 75206 (214) 361-1755 Stock Champions is not bought and paid for promoters, and has never accepted compensation from any company, nor will ever. Stock Champions may buy or sell the stocks that are profiled or posted on this web site at any time. It is strongly recommended that any buy or sell stock decisions be discussed with good financial advisors or brokers prior to completing any buy or sell decisions. All statements or expressions on this web site are the only opinion of Sock Champions and are not meant to be a solicitation or recommendation to buy, sell, or hold stocks. Investing in small and micro-cap stocks is highly speculative and carries a high degree of risk. It is possible that an investor can lose all or part of his/her investment in these type of companies that are profiled or posted on this web site. Stock Champions is NOT liable for any investment decisions by its readers, subscribers or members. Stock Champions is not a registered investment advisor or a broker-dealer, or a member of any financial regulatory bodies. There can be no assurance that future events relating to the profiled or posted company will occur as anticipated. The information contained on this web site is provided as an information service only and past performance of previously featured companies does not guarantee the future success of any currently featured or posted company. -Stock Champions-