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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Rise who wrote (1874)4/15/2001 6:16:00 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi Rise,

Your in with VPR-v @$.05 for 200,000 shares.

Chart for Vital Pac Res Ltd Bahamas(VPR-v):

bigcharts.com

Looking at the chart for VPR we can see that it is trading right at all it's major MA's but getting any sort of read from the chart is next to impossible because of the thin volume. Obviously what will ultimately move this stock is news so good luck on the anticipated NR this week.

Good luck with this pick,
Al



To: Rise who wrote (1874)4/19/2001 8:58:41 AM
From: Al Collard  Respond to of 11802
 
Rise, news on your pick VPR-V:

Vital signs option agreement for Lynn Lake claims

Thu 19 Apr 2001

News Release

Mr. Dan Kostiuk reports

Vital Pacific Resources has signed an option agreement with Aur Resources
Inc. and Thundermin Resources Inc. in respect to the Eldon claims in Lynn
Lake, Man.
The Eldon claims cover most of the other half of the largest Lynn Lake
gabbro under option by Vital, known as the Frazer Lake pluton. This
intrusion is located just southwest of the townsite of Lynn Lake. The
Frazer pluton consists of a large complex layered mafic to ultramafic
intrusion, and is known to contain barren layered sulphide mineralization
and rafted inclusions within its boundaries, indicated from previous
shallow drilling. However, the potential for deeper nickel/copper
mineralization remains largely untested. In addition, the Frazer Lake
pluton is believed to contain potential for undiscovered platinum/palladium
mineralization.
Pursuant to the agreement, in order for Vital to earn a 50-per-cent
interest in the property, Vital is required to complete 4,000 metres of
diamond drilling by Dec. 31, 2004. Vital may earn 100-per-cent interest in
the property if the optioners elect not to contribute to further
exploration once Vital has earned its 50 per cent.
The signing of this option agreement is consistent with Vitals strategic
plans in acquiring a land package in the Lynn Lake area of Manitoba. These
very prospective areas may contain significant grades of nickel, copper,
cobalt and platinum group of metals.
The addition of this land package to Vitals existing portfolio (which
covers an area over 6,000 acres and includes five of the seven known Lynn
Lake gabbro plugs) should increase the likelihood of the company to
discover mineralization similar to that hosted in the two mined gabbros not
held by Vital. The company continues to believe the possibility exists of
either unrecognized or undiscovered nickel/copper/cobalt and platinum group
of metals.
This project is considered very attractive because of the positive nature
of historic exploration results, combined with the excellent location and
low infrastructure costs in the town of Lynn Lake.