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


To: tartan who wrote (5743)12/30/2001 9:11:02 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi tartan,

Your in with IDO-v @$.53 for 18,867 shares.

Chart for Idaho Consolidated Metals Corp:

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

From the chart of IDO we can see the stock broke out last week above it's 100MA on above average volume. The chart indicators are bullish but the stock is nearing overbought territory. Last week IDO announced an extension to it's share purchase warrants on top of a $3-million financing the week before. If the company can keep the news coming who knows how far it can go now that tax loss selling is over.

Long time since we've heard from you tartan, welcome back.

Good luck with this pick, ***
Al



To: tartan who wrote (5743)1/3/2002 8:32:08 AM
From: Al Collard  Respond to of 11802
 
IDO-v...in the news:

Idaho receives conditional approval

Thu 3 Jan 2002

News Release

Ms. Diane Garrett reports
IDAHO CONSOLIDATED RECEIVES CONDITIONAL APPROVAL
Idaho Consolidated has received conditional approval from the Canadian
Venture Exchange for its private placement, as reported in Stockwatch Dec.
20, 2001. The net proceeds of the financing will be used for the phase II
drilling program on the company's platinum group metal project in the
Stillwater complex of Montana and for general working capital purposes.
The private placement was fully subscribed with more than 70 per cent of
the placees being new shareholders.
Due to the strong response to the financing, the company hereby announces a
new private placement for total proceeds of $750,000 (Canadian). The
private placement consists of 1,666,667 units at a price of 45 Canadian
cents per unit. Each unit consists of one common share of the capital stock
of the company and one-half of a non-transferable purchase warrant. Each
whole warrant will entitle the placee to purchase an additional share
exercisable for a one-year period at a price of 70 Canadian cents.
A finder's fee of up to 10 per cent may be paid in cash or shares.
The private placement is subject to regulatory approval.
WARNING: The company relies upon litigation protection for
"forward-looking" statements.



To: tartan who wrote (5743)1/3/2002 6:10:57 PM
From: Al Collard  Read Replies (2) | Respond to of 11802
 
IDO-v...in the news:

Idaho Cons extends warrant term

Thu 3 Jan 2002

The Canadian Venture Exchange has consented to the extension in the expiry
date of the following warrants:
No. of warrants: 1,294,118
Original expiry dateJan. 11, 2002
New expiry date: Jan. 11, 2003
Exercise price: $1.25
These warrants were issued pursuant to a private placement of 1,294,118
shares with 647,059 non-transferable share purchase warrants attached,
which was announced by the company on Jan. 11, 2001.
No. of warrants: 217,392
Original expiry dateJan. 23, 2002
New expiry date: Jan. 23, 2003
Exercise price: $1.25
These warrants were issued pursuant to a private placement of 434,783
shares with 217,392 non-transferable share purchase warrants attached,
which was announced by the company on Jan. 23, 2001.