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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: bigbuk who wrote (107086)	6/26/2002 3:39:55 PM
From: vds4	Respond to of 150070

go figure... held it all the way down but never doubled up. average price .238 for me should have followed jimbo

To: bigbuk who wrote (107086)	6/26/2002 3:40:52 PM
From: Rocket Red	Respond to of 150070

Francisco Gold Corp FGX Shares issued 16,668,425 Jun 25 2002 close $ 23.91 Wednesday June 26 2002 In the News Douglas Casey, writing in the June 7 issue of his International Speculator, says Francisco Gold, in the midst of being swallowed by Glamis Gold, is one of about 25 juniors worthy of a look in the currently favourable market. Mr. Casey recommended the stock five times between January, 1994, and March, 2001, at prices ranging from a low of $3.70 in January, 1994, to a high of $15.50 in December, 1996. He says Francisco at $21.58 has a market cap of $344-million. It boasts a measured and indicated resource of 14.9 million tonnes at 3.48 grams per tonne. A prefeasibility study contemplates a 300,000-ounce-per-year open pit mine for 7-1/2 years at a cash cost of $86 (U.S.) an ounce. Its capital expenditure would be $138.8-million (U.S.); a total of 27,000 metres of drilling is completed. Earlier in this issue, the supergold bug pulls out all the stops in his enthusiasm for the inevitable gold-stock bull run. He says he sees gold possibly reaching $3,000. "It's going to be like trying to siphon the contents of Hoover Dam through a garden hose," Mr. Casey contends, adding that every "cat or dog" that has mining, resources or gold in its name will be selling the way dot-coms did in 1999. (c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com old url (better for printing)