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


To: Bearcatbob who wrote (11559)3/1/2003 12:32:44 PM
From: Al Collard  Read Replies (3) | Respond to of 11802
 
Hi Bob,

Your in with PRD-v @$ .24 for 41,666 shares.

Chart for Pacific Rodera Ventures, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of PRD we can see the stock broke out last week on well above average volume. A bullish gap occurred on Friday indicating a possible upward break out but the Stochastics is showing the stock to be in overbought territory suggesting it may need to consolidate before moving higher. (Hold)

Good luck with this pick,
Al



To: Bearcatbob who wrote (11559)3/6/2003 5:26:24 PM
From: Al Collard  Respond to of 11802
 
PRD-v...in the news:

Pacific Rodera 345,000-share private placement

Thu 6 Mar 2003

Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect
to the second and final tranche of a brokered private placement announced
Jan. 13, 2003.
No. of shares: 345,000 shares
Purchase price: 10 cents per share
Warrants: 345,000 share purchase warrants to purchase 345,000
shares
Warrant exercise pri15 cents for a two-year period
Pursuant to TSX Venture Exchange Corporate Finance Policy 4.1, Section
1.11(d), the company must issue a news release announcing the closing of
the private placement and setting out the expiry dates of the hold
period(s). The company must also issue a news release if the private
placement does not close promptly.

___________________________________________________________-

Pacific Rodera Ventures flow-through-share financing

Thu 6 Mar 2003

Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect
to the second and final tranche a non-brokered private placement announced
Jan. 13, 2003.
No. of shares: 1.75 million flow-through shares
Purchase price: 10 cents per share
Pro groups: Peter M. Brown 750,000 and Jim Cummings 200,000
Pursuant to TSX Venture Exchange Corporate Finance Policy 4.1, Section
1.11(d), the company must issue a news release announcing the closing of
the private placement and setting out the expiry dates of the hold
period(s). The company must also issue a news release if the private
placement does not close promptly.