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


To: SAM-DAN who wrote (9477)9/21/2002 8:33:52 AM
From: Al Collard  Respond to of 11802
 
Hi SAM-DAN,

I wanted to take SLT, as I also like their prospects. I try not to take a stock two weeks in a row when I am running the contest :(

Regards,
Al

-------------------------------------------------------------

Friday's NR on SLT-v:

Solitaire adds Golden Pickle claims to Red Lake menu

Fri 20 Sept 2002

News Release

Mr. Charles Desjardins reports

SOLITAIRE ADDS TO PORTFOLIO OF RED LAKE AREA GOLD PROPERTIES
Solitaire Minerals has entered into an agreement to acquire a 100-per-cent
interest in the Golden Pickle property claims located in the Patricia
mining district.
The Golden Pickle properties consist of five claims, 49 units or 1,960
acres and are located between the Pickle Crow and Patricia mines in the
town of Pickle Lake, Ont. In July, 2002, the company agreed to option a
50-per-cent interest in King's Bay Gold Corp.'s 51 mineral claim units, or
approximately 2,000 acres, known as the Pickle Crow properties located
within the Connell township, located in the Patricia mining division, near
the town of Pickle Lake, Ont.
The Pickle Lake greenstone belt lies within the Uchi subprovince of
Ontario. The Uchi subprovince also hosts the Rice Lake and Red Lake
greenstone belts. The Pickle Crow and Golden Pickle claims are located
adjacent to the Pickle Crow gold mine, which produced 1,446,000 ounces of
gold at an average grade of 0.47 ounce/ton to a maximum depth of 1,158
metres between 1935 and 1966 and is one of the highest grade, million ounce
plus, producing mines in Canada (source: www.wolfdenresources.com, 2002).
Solitaire can acquire a 100-per-cent interest in the Golden Pickle
properties by making the following payments to the vendor: a) $5,000 and
issue 25,000 common shares upon approval from the TSX Venture Exchange; b)
a $12,000 work commitment, $8,000 and issue 25,000 shares upon the first
anniversary; c) a $12,000 work commitment, $15,000 and issue 25,000 shares
upon the second anniversary; d) a $12,000 work commitment, $24,000 and
issue 25,000 shares upon the third anniversary; and e) $30,000 upon the
fourth anniversary. The vendor will retain a 2-per-cent net smelter return
royalty, which Solitaire has the right to purchase at any time for the
payment of $1-million per 1 per cent of NSR.
Solitaire Minerals and King's Bay Gold are continuing with their drilling
plans, at the mineralized zone within the Garnet Lake property, to further
test the newly discovered gold-bearing horizon. The companies are looking
forward to receiving the forthcoming full assay results which will be
released upon receipt.



To: SAM-DAN who wrote (9477)9/21/2002 8:40:11 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi SAM-DAN,

Your in with SLT-v @$ .17 for 58,823 sharres.

Chart for Solitaire Minerals Corp:

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

From the chart of SLT we can see the stock has support @$ .16 it's 20EMA. The stock appears to be basing in the $.16 to $ .17 range as it awaits assay results. The chart indicators have turned bullish suggesting further upside is probable.

Good luck with this pick,
Al



To: SAM-DAN who wrote (9477)9/23/2002 6:44:07 PM
From: Al Collard  Read Replies (3) | Respond to of 11802
 
SLT-v...in vthe news:

Solitaire to acquire interest in King's Bay properties

Mon 23 Sept 2002

Property Agreement

Also (KBG)

The TSX Venture Exchange has accepted for expedited filing documentation
pertaining to an option agreement dated July 30, 2002, between Solitaire
Minerals Corp. (the company) and King's Bay Gold Corp., pursuant to which
the company may obtain a 50-per-cent interest in three mineral claims
comprised of 32 units located in Belanger township, Patricia mining
division, Ontario, known as the Garnet Lake prospect. In consideration, the
company will pay $80,000 in stages on or before Oct. 10, 2005, and advance
$500,000 in stages on or before July 30, 2004, for Canadian exploration
expenses (CEE) on the property. A 10-per-cent interest will vest for each
$100,000 advanced for CEE. The property is subject to a 2-per-cent net
smelter royalty.
The TSX-V has also accepted for expedited filing documentation pertaining
to an option agreement dated July 9, 2002, between Solitaire Minerals Corp.
(the company) and King's Bay Gold Corp., pursuant to which the company may
obtain a 50-per-cent interest in eight claim units and three claims located
in Connell township, Patricia mining division, Ontario, known as the Pickle
Crow property. In consideration, the company will pay $80,000 in stages on
or before May 14, 2006, and $79,000 in stages on or before May 6, 2006,
pursuant to underlying agreements, and advance $500,000 in stages on or
before July 9, 2005, for Canadian exploration expenses on the property. A
10-per-cent interest will vest for each $100,000 advanced for CEE. The
property is subject to a 2-per-cent net smelter royalty. A finder's fee of
50,000 shares is payable to Rakesh Dhir.