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

To: Gofer who wrote (7720)	4/13/2002 5:42:58 PM
From: Al Collard	Respond to of 11802

Hi Gofer, Your in with FAN-t @$ .44 for 22,727 shares. Chart for Farallon Resources Limited: stockcharts.com[h,a]daclyiay[dc][pc20!b50][vc60][iLa12,26,9!Ll14]&pref=G From the chart of FAN we can see the stock fell through the support of it's 50MA on Friday, albeit on below average volume. The crossover on the MACD is bearish suggesting further downside, short term. Good luck with this pick, Al

To: Gofer who wrote (7720)	4/15/2002 1:29:35 PM
From: Al Collard	Respond to of 11802

FAN-t...in the news: Farallon Resources Ltd.: $3 Million Private Placement Closes fin-info.com

To: Gofer who wrote (7720)	4/16/2002 2:32:47 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

FAN-t...in the news: Farallon sells 2.5 million units to ECPLP Tue 16 Apr 2002 News Release Mr. Keith Presnell reports Exploration Capital Partners Limited Partnership (ECPLP) has acquired ownership of 2.5 million units of Farallon Resources at a price of 30 cents per unit pursuant to private placement which completed on April 12, 2002. Each unit consists of one common share and one share purchase warrant, exercisable for a period of two years at a price of 40 cents per share. ECPLP's general partner, Resource Capital Investment Corporation (Resource), also of 200, 8375 West Flamingo Blvd., Las Vegas, Nev., 89117, controls the voting of securities held by ECPLP. Resource is 90 per cent owned and controlled by the Rule Family Trust and Arthur Richards Rule. A finder's fee equal of 666,666 units was paid to Global Resource Investments Ltd., of 7770 El Camino Real, Carlsbad, Calif., 92009. Global is owned and controlled by Mr. Rule. As a result of the ownership of Resource and Global, Resource, Global and ECPLP are deemed to be joint actors. Upon completion of the private placement, ECPLP holds 2.5 million common shares of Farallon (approximately 7.76 per cent of outstanding shares of Farallon) and 2.5 million warrants. Upon exercise of its warrants, assuming no other shares of Farallon are issued, the ECPLP would hold five million common shares or approximately 14.4 per cent of the then-issued and outstanding common shares of Farallon. Combined, ECPLP and Global hold 3,166,666 common shares of Farallon (approximately 9.8 per cent of the outstanding shares of Farallon) and, upon exercise of the warrants held by ECPLP and Global, assuming no other shares of Farallon are issued, Global and ECPLP would hold 6,333,332 common shares of Farallon (approximately 17.9 per cent of the outstanding shares of Farallon). The transaction involved a private placement of securities from the treasury of Farallon. The securities were acquired for investment purposes. While neither ECPLP or Global has a present intention of acquiring further securities of Farallon, either may in the future acquire or dispose of securities of Farallon, through the market or otherwise, as circumstances or market conditions warrant. As a condition to the private placement, ECPLP has agreed that any future acquisitions of common shares of Farallon made by ECPLP will not result in it holding 10 per cent or more of the outstanding common shares of Farallon, without first receiving the approval of the Toronto Stock Exchange or the shareholders of Farallon for such acquisition.