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


To: marcos who wrote (3910)9/29/2001 8:41:26 AM
From: Al Collard  Respond to of 11802
 
Hi marcos,

Your in with GEO-t @$.105 for 95,238 shares.

Chart for Geomaque Explorations Limited:

stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

After falling off the cliff in August this stock is finally showing signs of righting itself as of late. GEO has been in a basing pattern for the last month and is now poised to trade above it's 20EMA for the 1st time in months. If and when it does climb above it's 20EMA one would expect a quick bounce up to test the 50MA @$.18 JMHO

Good luck to you marcos,
Al



To: marcos who wrote (3910)9/29/2001 9:28:59 AM
From: Al Collard  Read Replies (3) | Respond to of 11802
 
marcos, latest news from your pick GEO-t:

Geomaque lender allows until Oct. 18 for restructuring


Fri 28 Sept 2001

News Release

Mr. John Paterson reports

Geomaque Explorations is continuing to work with its principal lender,
Resource Capital Fund II LP of Denver, Colo., on the restructuring of its
credit and security arrangements with RCF under the agreement dated June 9,
2000, and has reached agreement with RCF to extend the time to finalize the
terms of this restructuring to Oct. 18, 2001. In the meantime, RCF has
deferred all payments required under the credit agreement.
The company's financial adviser, Haywood Securities Inc., is assisting with
this restructuring as well as examining all other alternatives to further
enhance shareholder value.