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

To: Carter B who wrote (10236)	11/24/2002 6:40:44 PM
From: Al Collard	Respond to of 11802

Hi Carter, Your in with MGX-t @$ .16 for 62,500 shares. Chart for Mosaic Group, Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G From the chart of MGX we can see the stock has been a "falling knife" for the last six months, with sell-off after sell-off occurring on the way down. At some point a bottom should be in and the stock should have a good bounce, just not sure when that will be. The chart indicators aren't giving any early bounce signs and are very bearish at this point. Good luck with this pick, Al

To: Carter B who wrote (10236)	11/26/2002 5:26:27 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

Mosaic Group to Release Third Quarter Results at 7 a.m. EST November 27th, 2002 TORONTO, Nov. 26 /CNW/ - Mosaic Group Inc. (TSX: MGX), announced today a change in the timing of its release of third quarter results from 4:30 p.m. EST November 26th, 2002 to 7 a.m. EST November 27th, 2002. All conference call details remain the same for the 8 a.m. EST investor call. For those wishing to participate in the conference call, please use one of the following numbers: For Toronto calls and overseas: 416-640-4127 For toll-free in North America: 1-800-814-3911 72-hour playback: 416-640-1917 Access code 216617 (followed by the pound sign) or 1-877-289-8525 Access code 216617 (followed by the pound sign) The call will also be web cast on Mosaic's web site at www.mosaic.com in the Investor Relations section.

To: Carter B who wrote (10236)	11/27/2002 8:14:01 AM
From: Al Collard	Respond to of 11802

MGX-t...in the news: Mosaic Group Reports Third Quarter Results newswire.ca

To: Carter B who wrote (10236)	11/28/2002 5:49:48 AM
From: Al Collard	Respond to of 11802

MGX-t...in the news: Globe says Mosaic Group may seek creditor protection Thu 28 Nov 2002 The Globe and Mail reports in its Thursday edition that Mosaic Group posted a $395-million third quarter loss Tuesday and said it may be forced to seek creditor protection. The Globe's John Heinzl writes that Mosaic also said it is discontinuing its money-losing British division and absorbing a good will impairment charge of $114.6-million on the troubled unit. Mosaic took a further $233-million charge against good will on its Performance Solutions unit, which was hit by the loss of clients WorldCom Wireless and New Power, an Enron affiliate. Creaking under $337-million of debt, Mosaic is exploring options such as asset sales, alternate long-term financing, restructuring and a possible sale of the company. If such efforts fail it may file for creditor protection in the United States and Canada, something it hopes to avoid. Mosaic has just $9-million in cash and undrawn credit lines, which is "insufficient to sustain the business beyond the short term and will be insufficient to fund ongoing interest commitments," it said. Mosaic expects to default on its Dec. 13 and Dec. 15 interest payments totalling $5.4-million on senior secured term notes and senior subordinated term notes.