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

To: The Osprey who wrote (11348)	2/9/2003 4:54:41 PM
From: Al Collard	Respond to of 11802

Hi Osprey, Your in with OEL-v @$ .29 for 34,482 shares. Chart for Osprey Energy Ltd: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G From the chart of OEL we can see the stock has support @$ .24 it's 20EMA. The stock has been in a confirmed uptrend since late Jan. when the 20EMA crossed atop the 50MA. The lower high and lower low from Friday, on below average volume shows the stock is getting less volatile and may be putting in a base before continuing it's uptrend. The stock looks like a buy just atop it's 20EMA with a tight mental stop just below it. (Buy) Good luck with this pick, Al

To: The Osprey who wrote (11348)	2/12/2003 5:04:34 PM
From: Al Collard	Respond to of 11802

OEL-v...in the news: Osprey Woodlawn well reaches 10,500 feet Wed 12 Feb 2003 News Release Mr. Bernard Robichaux reports Drilling of Osprey Energy's Woodlawn prospect in southwest Louisiana has reached a depth of 10,500 feet. A 7-5/8-inch casing is now being cemented in place. Over the next several days the mud weight will be increased as drilling continues down to the target at around 11,500 feet. All indications remain positive. The $2.5-million (U.S.) cost of the drilling is being fully assumed by partner, Noble Energy of Houston, Tex., through its recently acquired subsidiary, Samedan Oil Corporation. Drilling of the first of two initial exploration wells in Prince Edward Island is scheduled to begin on Saturday, Feb. 15. The operator, Rally Energy of Calgary, Alta., which has a 55-per-cent interest in the 642,000 acres on the island, held a public meeting in Kensington, PEI, yesterday to fully inform local residents about the project. Both of the initial exploration wells are targeting conventional gas at depths of less than 1,700 metres. Osprey has a 10-per-cent interest in the project. Negotiations continue with a second lender in order to convert short-term debt to a long-term convertible debenture. Prospective sources of additional financing have encouraged the company to strengthen its balance sheet by minimizing short-term debt obligations. The company remains optimistic that a second convertible debenture can be finalized in order to facilitate the acquisition of significant financing for exploitation and development of current reserves and property acquisitions.