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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 (7604)4/6/2002 7:28:29 AM
From: Al Collard  Respond to of 11802
 
Hi Brian,

Your in with IWA-v @$ .14 for 71,428 shares.

Chart for International Wayside Gold Mines Limited:

stockcharts.com[h,a]daclyiay[dc][pc20!b50][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of IWA we can see the stock has support @$ .13 it's 20EMA. The chart indicators have turned down as the volume has dropped off considerably since the volume spike and share price jump in mid March.

Good luck with this pick,
Al



To: brian krause who wrote (7604)4/11/2002 3:09:03 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
IWA-t...in the news:

Int'l Wayside arranges $540,000 financing

Thu 11 Apr 2002

Mr. J. Frank Callaghan reports

SHORT FORM OFFERING DOCUMENT
International Wayside Gold Mines will be filing with the Canadian Venture
Exchange a short form offering document. This offering replaces the
previous offering reported in Stockwatch on Dec. 10 and Dec. 19, 2001.
Under the terms of the revised offering, the company will offer for sale up
to 1.2 million units at a price of 45 cents per unit, for gross proceeds of
$540,000. Each unit consists of two flow-through common shares, one
flow-through warrant, one non-flow-through common share and one-half of one
non-flow-through warrant. One flow-through warrant will entitle the holder
to purchase one additional flow-through share at the price of 25 cents per
share for a period expiring Dec. 31, 2002, and one full non-flow-through
warrant will entitle the holder to purchase one additional non-flow-through
share at the price of 25 cents per share for a period of 12 months from the
closing of the offering.
Yorkton Securities Inc. has agreed to act as agent on a best-efforts basis
to complete the offering. In consideration for the services to the
provided, the agent will receive:
(a) a commission equal to 8 per cent of the gross proceeds realized from
the offering, payable in cash;
(b) a corporate finance fee equal to $10,000, plus 2 per cent of the
offering proceeds exceeding $250,000 plus applicable taxes thereon, of
which $5,000 plus GST is non-refundable should the offering not close; and
(c) a non-transferable option to acquire such number of common shares as is
equal to 15 per cent of the total number of common shares sold, exercisable
for a term of two years from the closing date.
The company intends to use the proceeds from the offering for additional
work on its mineral properties in the Cariboo mining division of British
Columbia, known as the Cariboo gold project, a payment to Mosquito
Consolidated Gold Mines Ltd., pursuant to an amendment to its option
agreement with Mosquito, and for working capital purposes.