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Gold/Mining/Energy : Canadian Rocket Red's Picks -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (2619)	5/23/2002 12:06:12 AM
From: vds4	Read Replies (1) \| Respond to of 19697

you mean like fwgo last few days? lol... passed it up @ 1 cent not too long ago

To: Rocket Red who wrote (2619)	5/23/2002 2:00:11 PM
From: Zeddie88	Respond to of 19697

Yes, gold and other mining stocks are definitely reminding me of those dot com days. Here's the latest on GOG: Shares issued 8,247,625 May 22 close $0.45 Thu 23 May 2002 News Release Mr. Marc Carrier reports Golden Tag Resources Ltd.: $520,000 Brokered Financing Golden Tag has entered into an agency agreement with Haywood Securities Inc. of Vancouver, B.C., pursuant to which Haywood will offer, on a best-efforts basis to accredited investors up to 1.3 million common shares of Golden Tag at a price of 40 cents per share. Of these shares, 650,000 are designated as flow-through shares. Purchasers of the remaining 650,000 non-flow-through shares will also receive a half-warrant for each Golden Tag share purchased. Each whole warrant is exercisable to acquire a further Golden Tag share for a two-year period from the date of issuance at a price of 50 cents in the first year and 60 cents in the second year. Haywood will receive a 7-per-cent commission on the gross proceeds of the offering, as well as agent's warrants totalling 10 per cent of the total number of common shares issued under the offering. Each agent's warrant is exercisable to acquire a Golden Tag share for a two-year period at a price of 40 cents. Haywood will also be reimbursed for its reasonable costs associated with the offering. Proceeds from the offering will be used to finance Golden Tag's portion of the exploration program on the McCuaig Red Lake joint venture (Golden Tag 40 per cent, Rubicon Minerals Corp. 60 per cent) in Red Lake, Ont., and for general working capital. The financing is subject to TSX Venture Exchange acceptance. The McCuaig property lies within the Dorion McCuaig corridor where Rubicon Minerals, the joint venture operator, recently announced several high-grade drill intercepts over mineable widths including 0.67 ounce per ton gold over 10.2 feet and 0.74 ounce per ton gold over 5.6 feet.