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To: ms.smartest.person who wrote (837)	3/16/2006 9:10:45 PM
From: ms.smartest.person	Respond to of 3198

&#8362 David Pescod's Late Edition March 16, 2006 CRESCENT RESOURCES (V-CRC) $0.69 +0.01 IMPACT SILVER (V-IPT) $1.67 +0.07 MARCH RESOURCES (V-MCF) $0.68 -0.07 (Sometimes, we don’t always get the articles we write to press at the right time. This was an article we did with Keith Schaefer almost ten days ago when the three stocks he picked, were at much different prices. March and Impact have already had a big move. Are you paying attention—Scott Koyich and Don Moser to what a real stock picker can do?) We’ve mentioned before frequently the importance in the Venture market of having good IR/PR people involved with a junior company that’s desperate to get the markets attention. Even these days, when the markets are generous for the sector, to stand out amongst the thousands of other stories takes some doing. The importance of good PR for a company is to enable them to get financings done so the company can get built. Even more important so the financings can be done so that there is not the excessive dilution you see with so many junior companies. Of course the knock with the IR/PR-types is that too many of them are of the typical Howe Street crowd—grab the options and run! But the good guys that get the job done deserve kudos. That’s why we’ve mentioned Scott Koyich out of Calgary in the oil and gas sector frequently. Or Don Mosher in Vancouver. Another of the good guys that seems to get the job done so much better than most is Keith Schaefer of Vanguard Solutions. Some of his clients that he has worked with over the last while include Titan Uranium, Bankers Petroleum, Wheaton River and Northern Orion. Of course when you are in the IR game you are aware of the market probably more than anyone. You go to conferences and you are always exchanging information, so usually the good ones are also good stock pickers. We’re going to find out how good Keith is! The usual rules apply—you can’t mention stocks that are current clients or soon to be clients, and his top pick has to be a double otherwise he owes us a huge bottle of scotch...or a trip to Mexico. So Keith steps up to the plate and his first swing and number three pick is Crescent Resources. He suggests that this junior run by well thought-of mining guy Dan Holiday out of Vancouver is creating some buzz that their property in Brazil is a BrazMin look-a-like. He suggests that the story is just starting to get around. As his number two pick, he goes with Impact Silver. With silver breaking through $10.00, lots of the well-known silver stories have had quite a run in the last few days and if exchange-traded funds ever do get going, that means silver prices might even see much higher levels. And everyone is looking for a good silver story. While Impact Silver (see chart) has already had a move, Schaefer suggests that this company is currently churning out some of the highest grades conceivable in the sector—currently running at almost 125 ounces per tonne. He expects the stock to go to over $2.00, after this private placement closes. His number one pick though, is a bet on people – March Resources. The Brimacombe name is well-known in investing circles and Keith suggests that this might be the next story to watch because of the people behind it and suggests they best be called the “Royal Family of Investing in Western Canada”. They have a bit of magic putting the right people together with the right project, so it will be interesting to see what develops here...if anything! ACCRETE ENERGY (T-GZ) $8.00 n/c Admittedly, it wasn’t today but back on Monday we were talking to Josef Schachter and quizzing him on what he sees developing on the Oilexco story, which had been his number two pick on the most recent ROB-TV, when we ask him our favorite question, “if you could only buy one stock today, what would it be?” Interestingly enough, it was Accrete Energy and it is a timing issue. Accrete he suggests, is on the verge of possibly putting themselves up for sale and while Peter Salamon’s oil and gas company is mainly gas and has suffered a bit like many of the natural gas producers who have seen gas prices plummet, Schachter has an interesting take over price, should that develop in the next month or two. He is looking for a $12.00 price tag and needless to say, if a purchase here is made at the $8.00 mark, and you see Schachter’s price shortly, now that would be worthwhile….if he’s right! Meanwhile, the Coffin Brothers had Sherwood Copper as one of their top picks and yesterday, they come up with an amazing 18 meter hole of almost 2 ounces gold per ton as well as 2.6% copper and 75 grams per ton silver. We ask Eric, if he could only buy one stock, what would it be? He said it would actually be two. More Sherwood Copper on a correction or Nova Uranium –delayed by weather. Then we go to Clive Stockdale, one of our favorite oil and gas stock pickers. Clive what would you buy today? Well, he has a new story and I think clients would want to hear about it first. If you would like to receive the Late Edition, just e-mail Debbie at debbie_lewis@canaccord.com