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


To: brian krause who wrote (4508)10/27/2001 7:56:37 PM
From: originunknown  Read Replies (1) | Respond to of 11802
 
Sure has impressed me in the last few days! Of course, I am still in the red but recent price activity seems to indicate a turn around. Why? I have no idea...........may be the Alberta play rather than Guyana, but who knows.



To: brian krause who wrote (4508)10/28/2001 2:31:43 AM
From: Al Collard  Respond to of 11802
 
Hi Brian,

Your in with OYL.u-v @$.36 for 27,777 shares.

Chart for CGX Energy, Inc:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20]

Looking at the chart for OYL.u we can see that after last weeks big share price run-up the stock is now trading above all it's major MA's. The chart indicators are all bullish and pointing to further upside however the Stochastic's does show the stock in overbought territory. Chart looks good Brian.

Good luck with this pick,
Al



To: brian krause who wrote (4508)11/2/2001 11:07:20 AM
From: Al Collard  Read Replies (2) | Respond to of 11802
 
Brian, news out on OYL:

CGX acquires 3,300 line kilometres of seismic data

CGX Energy Inc OYL

Fri 2 Nov 2001

News Release

Mr. Kerry Sully reports

CGX Energy has acquired 3,300 line kilometres of seismic data shot by
Deminex in 1973 and 1976, covering the new northwest block (the Annex) on
its offshore Guyana exploration concession and adjacent areas. These data
will be integrated with CGX's existing database of 6,100 line kilometres of
2-D seismic. The majority of the existing database was acquired in 1999 by
CGX and neighbouring licenceholders (a joint venture between Repsol (Maxus)
of Spain and ENI of Italy) on a shared seismic program. The program used
modern, solid-state technology provided by seismic contractor Western
Geophysics.
Warren Workman, vice-president of exploration of CGX, stated: "The newly
acquired data is a significant piece in the puzzle to advance the regional
geological interpretation of the Guyana/Suriname basin. We are currently
reprocessing the data using modern techniques in order to identify evidence
supporting the extension of the Wishbone/Eagle turbidite trend onto the
northwestern Annex portion of our concession."
Vintage seismic data from Guyana have been scattered all over the world and
have been a challenge to gather. However, CGX now has a comprehensive
collection of vintage and new data for regional assessment. As part of
CGX's technical assistance to the government of Guyana, CGX has provided
the Guyana Geology & Mines Commission, in Georgetown, with electronic
copies of the data for processing by its professionals and to complete its
archives.
In further developments in the Guyana Suriname region, Guyana's foreign
minister Rudy Insanally announced on Oct. 31, 2001, that the joint national
border commissions of Guyana and Suriname are expected to meet in
mid-November. To be reviewed is the proposal by Guyana for the joint
management and exploitation of the disputed maritime area between the two
countries, pending a resolution regarding the maritime borders. CGX
Energy's Eagle and Wishbone targets are located in this area.
In a statement to the Guyanese newspaper Stabroek News (see general news in
following link: stabroeknews.com Mr.
Insanally also said that both governments are working toward an official
visit to Suriname by Bharrat Jagdeo, president of Guyana, before the end of
the year, a visit which "may help settle a simmering oil exploration
controversy between the two countries."