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Pastimes : Crazy Fools LightHouse -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (1039)	4/30/2006 8:58:26 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 3198

&#8362 David Pescod's Late Edition April 28, 2006 GOLD $651.60 +17.70 GOLD-ORE RESOURCES (V-GOZ) $ 0.69 +0.20 BRAZMIN CORP. (T-BZM) $ 2.84 +0.19 Little doubt where the excitement was today—once again it’s commodities with copper prices roaring and gold flying. In this market, timing is everything and I guess ours was just a wee-bit slow. Andrew Kaip the Haywood mining analyst had been telling us that one of those “cheapies with a chance” type-plays was little Gold-Ore Resources with their Bjorkdal project in Sweden. They say a picture is sometimes worth a thousand words and the picture to your left tells you more than a little about what Gold-Ore has going for them. It’s on a project with a mining history and most importantly, that big building there—it has a mill on site! All these little start-ups out there could have huge infrastructure costs, Gold- Ore already has it as part of their project. They also have some experienced mine management in Glen Dickson and Alvin Jackson. A big move in the stock today and what we had hoped to feature and look good on a few weeks down the road….oh, well. In the meantime, Kaip admits that he wouldn’t be surprised to see a $50 correction in gold sooner or later and he would be using corrections to look at some of the laggards in the silver market and his portfolio might include Sabina Resources (SBB), Esperanza Silver (EPZ) and MAG Silver (MAG). Also, he is still a huge admirer of Bear Creek Mining (BCM). Meanwhile today, hitting a new high despite no news is Braz- Min Corp., a favorite of Haywood’s Jim Mustard and Canaccord’s Graeme Currie. Well, actually there is some news—the news being that they are finally going back to work. President Tony Ransom tells us that after the four months of monsoons that they have in the middle of the Amazon jungle in Brazil, they are gearing up to get back to work and the rigs are moving to the site as we speak. He hopes that the drills will be turning the first week of May on the Sao Jorge property. He suggests that the drilling there will be two-fold with infill drilling and eventually a step-out in the northwest. He says to check out their website to get an idea of where they are going. Later in this year they will be looking at their other two projects in Brazil—the Tartarugalzinho probably around the third quarter and the Agua Branca, probably around the second quarter. In mid-May, expect a very important reserve report. BrazMin Corp. PANTERRA RES. (V-PAN) $0.43 +0.03 Now that Allan Laird is no longer with Falcon Oil & Gas, he is going to have a little more time for one of his favorite pleasures. Hockey! But it will be different as he won’t be enjoying the company picnics down in Denver to watch the Avalanche, he is now going to be stuck back in Calgary having to watch the Flames! Poor lad! At least the Flames have one thing of interest to him—and that’s a good goalie. Which brings up the point that now he is going to have some time on his hands and be able to relax after almost 300 days on the road in the last year, he might even get back to playing a little more hockey himself next year. We don’t know who is looking for a beaten up old goalie with the nickname “Shaky” but there you go. We hope to get Allan in his time of semi-relaxation/semiretirement to check out some oil and gas companies for us and the one to the left would be an obvious target knowing his expertise. (These are scary days—Can you believe Debbie of Deb’s Ditty fame is winning the office hockey pool?) THE LOTTERY TICKET ISSUE COMING OUT NEXT FRIDAY, MAY 5th. If you would like to receive the Late Edition, just e-mail Debbie at debbie_lewis@canaccord.com