SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: Nick Morvay who wrote (721)12/8/2001 10:16:49 PM
From: Al Collard  Respond to of 4470
 
Hi Nick,

Your in with FMO-t @$4.20 for 4,761 shares.

Chart for Foremost Industries, Inc:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lh14,3!Lc20]

From the chart of FMO we can see how the stock broke out Friday on heavy volume. Now trading above all it's major MA's all the chart indicators are extremely bullish. The crossover on the MACD should bode well for next week. Looks good Nick.

Good luck with this pick,
Al



To: Nick Morvay who wrote (721)12/10/2001 5:18:22 PM
From: Al Collard  Respond to of 4470
 
FMO-t...in the news:

Foremost Industries shares acquired by Grenon

Mon 10 Dec 2001

News Release

Mr. James Grenon reports

On Dec. 7, 2001, James T. Grenon acquired an total of 458,000 common shares
of Foremost Industries Inc. from three persons pursuant to private
agreements. Two of the trades were consummated, pursuant to the private
agreements, by the cross of two blocks of common shares totaling 358,000
common shares on the Toronto Stock Exchange. As a result, Mr. Grenon now
owns 1,816,937 common shares of Foremost, which represents approximately 34
per cent of the total number of Foremost common shares outstanding as at
Dec. 10, 2001. Mr. Grenon does not act jointly or in concert with any
person or company in respect of ownership of securities of Foremost.
Mr. Grenon's interest in Foremost is for investment purposes only and Mr.
Grenon is considering additional purchases. Mr. Grenon reserves the right
to purchase additional securities of Foremost or from time to time to
dispose of securities of Foremost held by Mr. Grenon.



To: Nick Morvay who wrote (721)12/12/2001 5:34:29 AM
From: Al Collard  Respond to of 4470
 
FMO-t...in the news:

Foremost proposed arrangement and shareholder election


TSE bulletin 2001-1528

Foremost Industries Inc. has mailed a notice of special meeting of
shareholders to be held on Dec. 18, 2001, at which time shareholders will
vote on a proposed arrangement involving the company, Foremost Industries
Income Fund.
Pursuant to the proposed arrangement, it is contemplated that if the
aforementioned transaction proceeds, on the effective date (expected to be
on or about Dec. 26, 2001), shareholders, at their option, will elect to
receive for each share held either cash in the amount of $4 or one common
trust unit of the fund, or a combination of both. The maximum total amount
of cash available under the cash option is $5-million. In the event that
the cash payment to shareholders under the cash option exceeds the maximum
amount, shareholders holding less than 100 common shares will be given
priority to receive the cash consideration under the cash option. The
remaining shareholders who chose or are deemed to have chosen the cash
option will be deemed on a pro rata basis to have made an election for a
lesser amount of cash and the balance of the consideration will be payable
to such shareholders in common trust units.
Shareholders who wish to elect to receive the trust unit option are
required to deposit a duly completed and executed election letter and
letter of transmittal, together with their common share certificates with
Computershare Trust Company at its principal offices in Calgary or Toronto
to be received prior to 4:30 p.m. (local time) on Dec. 17, 2001. Any
shareholder who fails to properly make such election by the election
deadline, will be deemed to have elected to receive the cash option,
subject to proration.
Upon completion of the arrangement, the shareholders (other than those
shareholders who chose or were deemed to have chosen cash or who dissented)
will be holders of all of the outstanding common trust units of the fund
and the fund will be a limited partner of, and hold a 99.99-per-cent
partnership interest in Foremost Industries Limited Partnership, which
partnership will hold all the assets of the company and will continue to
carry the business currently carried on by the company. Accordingly,
shareholders who receive common trust units will continue to own,
indirectly, substantially all of the interest in the business of the
company and will participate in distributions of income from the limited
partnership.
The Toronto Stock Exchange has conditionally approved the listing of the
common trust units of the fund, subject to the fund filing the required
documentation with the exchange. If the arrangement is implemented, the
exchange will issue a further bulletin to confirm the delisting of the
common shares of the company and the listing of the common trust units of
the fund.