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


To: KC Jones who wrote (2001)4/22/2001 11:46:07 AM
From: Al Collard  Respond to of 11802
 
Hi KC,

Your in with HTP-v @$1.63 for 6,134 shares.

Chart for Hilton Petroleum Limited(HTP-v):

stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf]

Looking at the chart for HTP we can see that the stock is currently trading under all it's major MA's and has been consolidating on lower than normal volume for the last month. The MACD, Stochastics and ADX are all pointing to further downside in the near term. On the upside this stock now has considerable resistance to overcome at it's 100 and 200 MA's in the $1.90 range.

Good luck with this pick,
Al



To: KC Jones who wrote (2001)4/23/2001 5:47:06 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
KC, news out on your pick HTP-v:

Hilton suspends Mica 1-17 well

Mon 23 Apr 2001

News Release

Also Westone Ventures Inc (WTV)
Also Trimark Oil & Gas Ltd (TMK)

Mr. Des O'Kell reports

After logging the Mica 1-17, the company has determined that the well is
outside the channel limits. The well has been suspended for possible future
sidetracking.
Hilton chairman and chief executive officer, Don Busby, says: "We feel that
the prospect is still viable and that the economics support the Mica 1-17
and a second well. However, the bottom hole location needs to be shifted by
approximately 1,500 feet. All indications during drilling support that the
faults are showing signs of having sealing capability."
The Mica well represents approximately a $150,000 expenditure to Hilton.
The Mica prospect is one of five prospects scheduled for drilling in 2001
that are outside of the East Lost Hills and the greater San Joaquin basin
joint venture. Sequoia, the next prospect in the 2001 drilling program, is
expected to spud by the end of April.