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

To: Ceedee who wrote (7282)	3/23/2002 4:08:01 PM
From: Al Collard	Respond to of 11802

Hi Ceedee, Your in with FPX-v @$.42 for 23,809 shares. Chart for First Point Minerals Corp: stockcharts.com[h,a]daclyiay[dc][pc20!b50][vc60][iLa12,26,9!Ll14]&pref=G From the chart we can see the stock has support @$.33 it's 20EMA. The chart indicators turned bullish last week pointing to further upside. The good volume last week and the close at the high of the day on Friday should bode well for trading early next week. Good luck with this pick, Al

To: Ceedee who wrote (7282)	3/26/2002 12:16:03 AM
From: Al Collard	Respond to of 11802

FPX-v...in the news: First Point releases Honduran trenching results Mon 25 Mar 2002 Mr. Peter Bradshaw reports FIRST POINT MINERALS EXPANDS THE FILO LAPA BULK TONNAGE AND H ... First Point Minerals has released the balance of trench results from the Cacamuya gold-silver property, southern Honduras. A total of 644 metres of excavator and 88 metres of hand trenching were completed on the Filo Lapa bulk tonnage target plus limited hand trenching at the Hilo Libre high-grade vein target. The Filo Lapa target is considered an excellent exploration target for high-level, oxidized, bulk minable mineralization similar to Glamis Gold Ltd.'s San Martin deposit in Honduras, plus deeper seated, structurally controlled, high-grade feeder type mineralization in Chile, or the Sleeper deposit in Nevada. Hilo Libre is also considered a similar target to El Penon. The northeast trending Filo Lapa target, using a 0.5-gram-per-tonne cutoff, has been expanded to about 300 metres long and between 20 and 80 metres wide, more than double the previously reported area. The average gold grade is 0.9 g/t, more than 30 per cent higher than the previously announced grade of 0.67 g/t. Continuous channel samples have been taken ranging from less than one to 12 metres depending on alteration or rock type characteristics. Hand trenches and the deeper machine trenches give very similar results, but the machine trenches allow better mapping of geology and can be dug much more rapidly. Within the 0.5-g/t gold cutoff area the maximum value is 1.62 g/t gold indicating a uniform grade distribution, which reflects the pervasive nature of the strong alteration and mineralizing event. Selective samples of intensely silicified intervals returned a similar range of values confirming the disseminated nature of the mineralization. To the southwest the Filo Lapa zone narrows. To the north it appears to either change strike from northeast to north or pinch out. To the east, it expands down the slope onto a bench of explosion breccias, tuffs and siliceous sinter chimneys. Three isolated samples located between 100 and 300 metres northeast of the northern end of the Filo Lapa target along the El Manglar trend range between 0.28 g/t and 3.4 g/t gold. These samples indicate potential for a separate mineralized centre that likely extends west, up slope to one of several untested geochemical soil anomalies on the El Manglar trend. Hand trenching at the Hilo Libre target located 1,800 metres north-northeast of Filo Lapa returned up to 8.53 g/t gold over 1.3 metres apparent true width near old workings. These are located 280 metres north-northwest of the previously reported Hilo Libre trench that carried 12.5 g/t gold over 2.8 metres. The relation between these two sampled areas is not clear because of poor exposure. Both are characterized by dark sinter and tuff fragments cemented by crystalline to chalcedonic quartz. Additional machine and hand trenching are planned at Cacamuya in April/May, particularly at the D5, D4, Filo Lapa and Hilo Libre target areas. It is anticipated that this will be followed by a drill program planned for July/August.