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

To: Al Collard who wrote (7550)	4/1/2002 9:55:27 AM
From: brian krause	Respond to of 11802

Kinross, Echo Bay in gold merger talks TVX plots its own course: 'It's hard to get three to tango' Barry Critchley Financial Post Kinross Gold Corp. and Echo Bay Mines Ltd. are in talks to merge their operations, in a deal that would create the world's 10th biggest gold producer and is aimed at closing in on Vancouver-based Placer Dome Inc., sources said. A merger would create a producer with a market capitalization of more than $930-million and production capacity of almost two million ounces a year. Until recently, TVX Gold Inc. also was a party to the discussions. But it seems that the firm, which raised $75 million earlier this week via a bought deal, has decided to chart its own course. One gold industry observer said yesterday that a merger of Kinross and Echo Bay is "a 50/50 chance," adding that it "makes a lot of sense." Echo Bay has mines in Nevada, Washington and Northwest Territories. Kinross has operations in North America and the Russian Far East. The source estimated that any deal is still at least a month away. None of the parties involved were prepared to comment. The discussions have resulted in at least one key conclusion: if a deal can be struck, Robert Buchan, chairman and chief executive of Kinross, will run the combined operation. The decision by TVX to bow out of discussions should make a deal easier to achieve, said one source. "Mergers between two parties are tough at the best of times. Three way mergers are not a way to increase one's longevity," he said. "It's hard to get three to tango," added another gold industry executive, noting that last month's deal between Newmont Mining Corp., Canada's Franco-Nevada Mining Corp. Ltd. and Australia's Normandy Mining Ltd. was the first of its kind. Newmont became Echo Bay's largest shareholder yesterday, after agreeing to convert debt to equity, and it has made clear its intentions to divest of non-core assets and minority stakes. Kinross also converted its Echo Bay debt into equity and is now its second largest shareholder, with an 11.4% stake. If Echo Bay and Kinross can agree on a structure -- which would presumably be done via a share exchange between the two companies -- then the merged entity would produce about 1.75 million ounces of gold a year. By contrast, Placer produces about 2.5 million ounces a year, though that production level is slated to decline to about 2 million ounces a year in three years. "Kinross feels that it could move into Placer's league [with this transaction.] The investors would be more attracted to Kinross on a comparable basis," said one analyst. While TVX Gold seems to have decided to go it alone, part of its assets may be involved in the transaction. In 1999 it entered into a joint venture with Australia's Normandy Mining. (The joint venture is TVX Normandy Americas.) In that transaction, five precious metal mines in North America, including two in Canada, were put into the joint venture. Normandy owned 49.9% of the joint venture while TVX owned the rest. Newmont has now acquired that stake and may decide to divest of it. TVX has the right of first refusal on Newmont's stake but may decide not to exercise that right. However, some observers speculated that it has raised $75-million of firepower to allow it to take out the half of TVX Normandy Americas it does not already own. TVX Gold Inc. has a strong portfolio of mining assets comprising interests in six existing operations in North America, South America and Greece and two advanced stage projects in Greece. The existing Americas operations will produce approximately 243,800 gold equivalent ounces during 2001 at a cash cost below US$180 per ounce. The Greek Stratoni mine is anticipated to produce 1.8 million ounces of silver, 30,600 tonnes of zinc and 28,700 tonnes of lead. Sufficient reserves and resources are available to allow for the operations to continue production for a number of years. In Greece, the Company is developing the Olympias and Skouries deposits, two world-class gold mines that will significantly add to total Company's metals production. tvxgold.com

To: Al Collard who wrote (7550)	4/1/2002 11:10:02 AM
From: brian krause	Read Replies (1) \| Respond to of 11802

Kinross setting new 52 week highs.

To: Al Collard who wrote (7550)	4/1/2002 4:13:28 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

The Stock-Picking Challenge Results After Monday: LATEST ENTRY CASH ENTRANT STOCK #SHARES PRICE VALUE Al Collard GTG.b-t 17,543 @$ .57 $ 9,122.36 Bearcatbob CWQ-v 90,909 @$ .11 $ 8,181.81 brian krause TVX-t 8,333 @$1.20 $ 9,666.28 Buckey JLB-v 33,333 @$ .30 $10,000.00 Carter B MOA-v 27,777 @$ .36 $10,000.00 Ceedee PBP-t 7,142 @$1.40 $10,355.90 Clark Kent CIS-v 35,714 @$ .28 $ 8,928.50 Condor PFN-t 12,500 @$ .80 $10,125.00 Daytek77 STF-v 35,714 @$ .28 $ 9,642.78 decky PEL-t 3,355 @$2.98 $10,668.90 Frankly Speaking QBX-v 10,000 @$1.00 $11,000.00 5th geoffb_si SYB-t 33,333 @$ .30 $12,333.21 2nd Gofer TNK-t 18,181 @$ .55 $11,090.41 4th grayhairs RCP-v 62,500 @$ .16 $ 8,750.00 hx4 NVR-v 16,393 @$ .61 $ 9,016.15 IW CDE-t 4,651 @$2.15 $ 9,302.00 J.E. Currie BMD-v 30,303 @$ .33 $10,606.05 jonpeetee NIC-v 32,258 @$ .31 $10,645.14 KC Jones SMF-t 22,222 @$ .45 $ 9,666.57 Letmebe Frank TWG-t 20,833 @$ .48 $10,000.00 marcos SWM-v 50,000 @$ .20 $14,000.00 1st Miner SGF-v 10,101 @$ .99 $10,606.05 MrsNose SPQ-v 125,000 @$ .08 $10,000.00 Pete YWO-v 11,764 @$ .85 $10,587.60 Peter Siegel ELI-t 7,407 @$1.35 $10,369.80 Rise ECU-v 200,000 @$ .05 $10,000.00 rockerbanger YMC.u-v 11,235 @$ .89 $10,673.25 Rocket Red FAN-t 22,727 @$ .44 $10,000.00 SAM-DAN YCY-v 38,461 @$ .26 $ halted Stephen O BHK-t 83,333 @$ .12 $ 9,583.29 Stew FRL-v 37,037 @$ .27 $ 8,148.14 The Osprey EXP-v 111,111 @$ .09 $11,111.10 3rd tyke NGX-t 7,462 @$1.34 $10,446.80 vds4 IPJ-t 125,000 @$ .08 $10,000.00

To: Al Collard who wrote (7550)	4/2/2002 5:16:20 PM
From: Al Collard	Respond to of 11802

The Stock-Picking Challenge Results After Tuesday: LATEST ENTRY CASH ENTRANT STOCK #SHARES PRICE VALUE Al Collard GTG.b-t 17,543 @$ .57 $ 9,824.08 Bearcatbob CWQ-v 90,909 @$ .11 $ 8,181.81 brian krause TVX-t 8,333 @$1.20 $ 9,666.28 Buckey JLB-v 33,333 @$ .30 $10,000.00 Carter B MOA-v 27,777 @$ .36 $10,000.00 Ceedee PBP-t 7,142 @$1.40 $10,355.90 Clark Kent CIS-v 35,714 @$ .28 $10,357.06 Condor PFN-t 12,500 @$ .80 $ 9,625.00 Daytek77 STF-v 35,714 @$ .28 $ 9,642.78 decky PEL-t 3,355 @$2.98 $10,601.80 Frankly Speaking QBX-v 10,000 @$1.00 $11,000.00 geoffb_si SYB-t 33,333 @$ .30 $13,666.53 1st Gofer TNK-t 18,181 @$ .55 $11,272.22 grayhairs RCP-v 62,500 @$ .16 $ 9,375.00 hx4 NVR-v 16,393 @$ .61 $ 9,016.15 IW CDE-t 4,651 @$2.15 $ 9,534.55 J.E. Currie BMD-v 30,303 @$ .33 $10,303.02 jonpeetee NIC-v 32,258 @$ .31 $10,967.72 KC Jones SMF-t 22,222 @$ .45 $ 9,555.46 Letmebe Frank TWG-t 20,833 @$ .48 $ 9,583.18 marcos SWM-v 50,000 @$ .20 $13,000.00 2nd Miner SGF-v 10,101 @$ .99 $ 9,797.97 MrsNose SPQ-v 125,000 @$ .08 $10,000.00 Pete YWO-v 11,764 @$ .85 $11,528.72 5th Peter Siegel ELI-t 7,407 @$1.35 $10,740.15 Rise ECU-v 200,000 @$ .05 $10,000.00 rockerbanger YMC.u-v 11,235 @$ .89 $11,235.00 Rocket Red FAN-t 22,727 @$ .44 $11,818.04 4th SAM-DAN YCY-v 38,461 @$ .26 $ halted Stephen O BHK-t 83,333 @$ .12 $10,416.62 Stew FRL-v 37,037 @$ .27 $ 7,777.77 The Osprey EXP-v 111,111 @$ .09 $12,222.21 3rd tyke NGX-t 7,462 @$1.34 $10,894.52 vds4 IPJ-t 125,000 @$ .08 $ 8,750.00

To: Al Collard who wrote (7550)	4/3/2002 4:35:44 PM
From: Al Collard	Respond to of 11802

The Stock-Picking Challenge Results After Wednesday: LATEST ENTRY CASH ENTRANT STOCK #SHARES PRICE VALUE Al Collard GTG.b-t 17,543 @$ .57 $ 9,648.65 Bearcatbob CWQ-v 90,909 @$ .11 $ 9,090.90 brian krause TVX-t 8,333 @$1.20 $ 9,332.96 Buckey JLB-v 33,333 @$ .30 $10,000.00 Carter B MOA-v 27,777 @$ .36 $10,833.03 Ceedee PBP-t 7,142 @$1.40 $10,000.00 Clark Kent CIS-v 35,714 @$ .28 $10,714.20 Condor PFN-t 12,500 @$ .80 $ 9,625.00 Daytek77 STF-v 35,714 @$ .28 $ 9,285.64 decky PEL-t 3,355 @$2.98 $10,601.80 Frankly Speaking QBX-v 10,000 @$1.00 $10,500.00 geoffb_si SYB-t 33,333 @$ .30 $13,333.20 1st Gofer TNK-t 18,181 @$ .55 $11,272.22 grayhairs RCP-v 62,500 @$ .16 $ 9,375.00 hx4 NVR-v 16,393 @$ .61 $ 9,507.94 IW CDE-t 4,651 @$2.15 $11,069.38 J.E. Currie BMD-v 30,303 @$ .33 $10,606.05 jonpeetee NIC-v 32,258 @$ .31 $10,645.14 KC Jones SMF-t 22,222 @$ .45 $ 9,555.46 Letmebe Frank TWG-t 20,833 @$ .48 $ 9,270.68 marcos SWM-v 50,000 @$ .20 $12,500.00 2nd Miner SGF-v 10,101 @$ .99 $ 9,393.93 MrsNose SPQ-v 125,000 @$ .08 $11,250.00 Pete YWO-v 11,764 @$ .85 $11,293.44 5th Peter Siegel ELI-t 7,407 @$1.35 $10,369.80 Rise ECU-v 200,000 @$ .05 $12,000.00 3rd rockerbanger YMC.u-v 11,235 @$ .89 $10,448.55 Rocket Red FAN-t 22,727 @$ .44 $11,590.77 4th SAM-DAN YCY-v 38,461 @$ .26 $ halted Stephen O BHK-t 83,333 @$ .12 $10,416.62 Stew FRL-v 37,037 @$ .27 $ 7,777.77 The Osprey EXP-v 111,111 @$ .09 $11,111.10 tyke NGX-t 7,462 @$1.34 $ 9,700.60 vds4 IPJ-t 125,000 @$ .08 $10,000.00

To: Al Collard who wrote (7550)	4/4/2002 5:39:33 PM
From: Al Collard	Respond to of 11802

The Stock-Picking Challenge Results After Thursday: LATEST ENTRY CASH ENTRANT STOCK #SHARES PRICE VALUE Al Collard GTG.b-t 17,543 @$ .57 $ 9,297.79 Bearcatbob CWQ-v 90,909 @$ .11 $ 8,181.81 brian krause TVX-t 8,333 @$1.20 $ 9,249.63 Buckey JLB-v 33,333 @$ .30 $10,000.00 Carter B MOA-v 27,777 @$ .36 $10,833.03 Ceedee PBP-t 7,142 @$1.40 $ 9,713.12 Clark Kent CIS-v 35,714 @$ .28 $ 8,928.50 Condor PFN-t 12,500 @$ .80 $ 9,875.00 Daytek77 STF-v 35,714 @$ .28 $ 8,571.36 decky PEL-t 3,355 @$2.98 $ 9,897.25 Frankly Speaking QBX-v 10,000 @$1.00 $10,200.00 geoffb_si SYB-t 33,333 @$ .30 $13,999.86 1st Gofer TNK-t 18,181 @$ .55 $10,726.79 grayhairs RCP-v 62,500 @$ .16 $10,625.00 hx4 NVR-v 16,393 @$ .61 $ 8,688.29 IW CDE-t 4,651 @$2.15 $10,511.26 J.E. Currie BMD-v 30,303 @$ .33 $10,000.00 jonpeetee NIC-v 32,258 @$ .31 $10,967.72 KC Jones SMF-t 22,222 @$ .45 $ 9,777.68 Letmebe Frank TWG-t 20,833 @$ .48 $ 8,333.20 marcos SWM-v 50,000 @$ .20 $11,500.00 3rd Miner SGF-v 10,101 @$ .99 $ 8,686.86 MrsNose SPQ-v 125,000 @$ .08 $11,250.00 5th Pete YWO-v 11,764 @$ .85 $10,822.88 Peter Siegel ELI-t 7,407 @$1.35 $10,000.00 Rise ECU-v 200,000 @$ .05 $12,000.00 2nd rockerbanger YMC.u-v 11,235 @$ .89 $ 9,662.10 Rocket Red FAN-t 22,727 @$ .44 $11,363.50 4th SAM-DAN YCY-v 38,461 @$ .26 $halted Stephen O BHK-t 83,333 @$ .12 $10,000.00 Stew FRL-v 37,037 @$ .27 $ 8,148.14 The Osprey EXP-v 111,111 @$ .09 $10,000.00 tyke NGX-t 7,462 @$1.34 $ 9,924.46 vds4 IPJ-t 125,000 @$ .08 $ 8,750.00

To: Al Collard who wrote (7550)	4/5/2002 4:25:15 PM
From: Al Collard	Respond to of 11802

The Stock-Picking Challenge Final Results For Week #29: FINAL ENTRY CASH ENTRANT STOCK #SHARES PRICE VALUE Al Collard GTG.b-t 17,543 @$ .57 $ 9,824.08 Bearcatbob CWQ-v 90,909 @$ .11 $ 8,181.81 brian krause TVX-t 8,333 @$1.20 $ 9,082.97 Buckey JLB-v 33,333 @$ .30 $10,000.00 Carter B MOA-v 27,777 @$ .36 $11,388.57 Ceedee PBP-t 7,142 @$1.40 $10,000.00 Clark Kent CIS-v 35,714 @$ .28 $10,357.06 Condor PFN-t 12,500 @$ .80 $ 9,500.00 Daytek77 STF-v 35,714 @$ .28 $ 8,571.36 decky PEL-t 3,355 @$2.98 $10,232.75 Frankly Speaking QBX-v 10,000 @$1.00 $ 9,800.00 geoffb_si SYB-t 33,333 @$ .30 $13,333.20 1st Gofer TNK-t 18,181 @$ .55 $12,726.70 2nd grayhairs RCP-v 62,500 @$ .16 $10,625.00 hx4 NVR-v 16,393 @$ .61 $ 9,016.15 IW CDE-t 4,651 @$2.15 $10,511.26 J.E. Currie BMD-v 30,303 @$ .33 $12,121.20 3rd jonpeetee NIC-v 32,258 @$ .31 $10,645.14 KC Jones SMF-t 22,222 @$ .45 $10,000.00 Letmebe Frank TWG-t 20,833 @$ .48 $ 8,541.53 marcos SWM-v 50,000 @$ .20 $11,500.00 Miner SGF-v 10,101 @$ .99 $ 9,191.91 MrsNose SPQ-v 125,000 @$ .08 $10,000.00 Pete YWO-v 11,764 @$ .85 $10,234.68 Peter Siegel ELI-t 7,407 @$1.35 $10,000.00 Rise ECU-v 200,000 @$ .05 $12,000.00 4th rockerbanger YMC.u-v 11,235 @$ .89 $ 8,988.00 Rocket Red FAN-t 22,727 @$ .44 $11,590.77 5th SAM-DAN YCY-v 38,461 @$ .26 $ halted Stephen O BHK-t 83,333 @$ .12 $ 9,583.29 Stew FRL-v 37,037 @$ .27 $ 9,259.25 The Osprey EXP-v 111,111 @$ .09 $10,000.00 tyke NGX-t 7,462 @$1.34 $ 9,700.60 vds4 IPJ-t 125,000 @$ .08 $10,000.00