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

To: NO KA OI! who wrote (2681)	5/20/2001 7:03:10 AM
From: Al Collard	Respond to of 11802

Hi NO KA OI!, Your in with TMK-v @$ .65 for 15,384 shares. Chart for Trimark Oil & Gas Limited(TMK-v): stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for TMK we can see the stock has been in a basing pattern for the last two weeks hovering right around @$.61 it's 200MA. The next point of resistance should be @$.69 it's 50MA and after that it's blue sky above. The ADX is showing a weak trend but is positioned for the +DI to gap up over the -DI with any upward price movement. The Stochastics is pointing to an upward move and the crossover on the MACD is a very bullish sign. The chart indicators are all pointing to a stock ready to break out to the upside!!! Welcome to the under $3.00 Challenge thread. It's always nice to see new entrants with fresh ideas. Good luck with your pick, Al

To: NO KA OI! who wrote (2681)	5/24/2001 11:22:59 AM
From: Al Collard	Respond to of 11802

NA KA OI, news out on your pick TMK-v: Trimark to arrange two financings worth $2.3-million Thursday May 24 2001 News Release Mr. Donald Busby reports Subject to regulatory approvals the company has arranged a non-brokered private placement financing of 3.5 million units at a price of 54 cents per unit, to raise gross proceeds of $1.89-million. Each unit will consist of one common share and one share purchase warrant. Two share purchase warrants will entitle the holder thereof to purchase one additional common share in the capital of the company for a period of two years from closing for the exercise price of 62 cents. Officers and/or directors of the company are purchasing two million units of this 3.5-million unit offering. For the 1.5 million units purchased by non-insiders, the company has agreed to pay, subject to regulatory approvals, a finder's fee of 8-per-cent cash and share purchase warrants, exercisable for one year to purchase 300,000 common shares of the company at an exercise price of 62 cents per share. In connection with this private placement financing the company has agreed, subject to regulatory approval, to pay Canaccord Capital Corp. a fee of 400,000 share purchase warrants to purchase 400,000 common shares of the company, exercisable for one year from closing, at an exercise price of 62 cents. This fee will be paid to Canaccord Capital Corp. and other independent financial advisers. The company has also arranged, subject to regulatory approvals, a non-brokered financing to raise $400,000 by way of convertible debenture notes. The interest rate is 10 per cent per year, with interest for the first year to be prepaid on closing in shares at 62 cents per share. Interest thereafter to be paid quarterly in arrears in cash or shares at the then current market price at the holder's choice. In the event the debentureholder converts, in the first year, interest shall be reimbursed pro rata for the unused portion. The debentures will have a three-year term and be convertible into common shares of the company at 62 cents per share in year one, at 68 cents per share in year two and at 73 cents per share in year three. Should the closing price of the company's shares be $2.40 or above for 30 consecutive trading days the debenture notes will be converted into common shares of the company. The purchaser of the convertible debenture notes is at arm's length to the company. The funds from these financings will be used to help finance the company's portion of the exploration programs in California and for general working capital. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com