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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: Gofer who wrote (2224)4/13/2002 4:08:56 PM
From: Al Collard  Respond to of 4470
 
Hi Gofer,

Your in with MRZ-t @$ 5.02 for 3,984 shares.

Chart for Meota Resources Corp:

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

From the chart of MRZ we can see the stock has been in an uptrend for the last four months with good support @$ 4.96 it's 20EMA. The chart indicators are mixed but I would expect the stock to have a good bounce from current share price levels after the test of support.

Congratulations on your 1st place finish last week !!!

Good luck with this pick,
Al



To: Gofer who wrote (2224)4/19/2002 8:42:39 AM
From: Al Collard  Respond to of 4470
 
MRZ-t...in the news:

Globe says Lamarche takes a shine to Meota assets

Fri 19 Apr 2002

The Globe and Mail reports in its Friday, April 19, edition that Front
Street Capital fund manager Normand Lamarche recommends Meota Resources.
The Globe's Shirley Won writes in the Best Bets column that Mr. Lamarche
says natural gas plays will benefit from the falling supplies of the
commodity. He says: "The North American natural gas basin is having
difficulty replacing its reserves and production. It will be the supply
side more than the growth in demand that is going to set higher prices down
the road for natural gas." AltaGas is a mid-stream natural gas company.
Meota Resources stock closed Thursday on the Toronto Stock Exchange at
$5.40, hit a 52-week low of $2.15 last September and a 52-week high of
$5.95 on March 25. Mr. Lamarche likes Meota's management -- who ran Poco
Petroleums Ltd. before it was bought by Burlington Resources Inc. in 1999
-- and the company's assets. He says the stock has run up on interest in
the potential of its Bolton gas play, but his one-year target of $7 is
based on its "bread-and-butter plays" over the next year. Mr. Lamarche says
Meota trades at five times estimated cash flow of close to $1 a share for
2002.