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To: Bill on the Hill who wrote (109)	9/18/2000 4:15:39 PM
From: Bill on the Hill	Respond to of 155

Tathacus stock soars on hydrogen generation hopes CALGARY (Reuters) - Stock of Tathacus Resources Ltd. (TTC.V) soared more than 400 percent Friday following the firm's announcement late Thursday that a related company had developed a generator that can produce hydrogen from tap water. Tathacus, a Calgary-based oil and gas company, has a 20 percent interest in closely held fuel technology company Xogen Power Inc., which developed the generator. Tathacus shares climbed C$5.95 to C$7.25 in midday trading on the Canadian Venture Exchange. It was the third most active stock with 1.35 million shares changing hands in its first day of trading since being halted in October pending approval by regulators of its change-of-business plan. "The prototype generator consumes very little electrical current, requires no chemical additions to the water and produces the hydrogen immediately, on site and on demand," the company said in a statement. Hydrogen is a key ingredient in the electrochemical process that generates electricity in fuel cells under development by such firms as Ballard Power Systems Inc. for use in the automotive and home heating sectors. The new process could revolutionize early prototypes of fuel cells, which convert methanol, gasoline and natural gas to produce the hydrogen fuel needed to create the electrochemical reaction. "Unlike generating hydrogen by electrolyzing water or steam-reforming natural gas, the Xogen process is very cost effective," said Tathacus spokesman Leigh Clarke. "Because you can generate commercial volumes on site, there's no need to move or store hydrogen. You just move water and generate hydrogen where and when you need it. "We believe this technology will make unnecessary the infrastructure to transport hydrogen."