Found this on Ragingbull..
From Momo Stock Club-Unity List Pick June 9, 1999
The Unity List MOMO Play Pick for Wednesday, June 9, 1999:
IDCN (Indocan Resources Inc.)The ask as of this posting is .051
(((IF YOU ARE THE KEEPER OF YOUR OWN LIST YOU SHOULD FORWARD THIS MESSAGE TO
YOUR SUBSCRIBERS NOW!)))
You are one of over 20,000 subscribers who will participate in what
will be the largest and most successful MOMO play on the Internet. Before
we
explain our pick and some useful dd for you to pass along,
PLEASE READ THE FOLLOWING VERY CAREFULLY:
You are being emailed this message AT THE EXACT SAME TIME. If your email
account
is administered on a slow server and you do not receive this message
immediately, PLEASE PROCEED WITH YOUR BUY just the same upon receipt.
Getting
your orders filled by MMs will be the taskSIf you DO get through and your
order
filled, cheers!; if not, KEEP TRYING!!!
We will begin to buy various quantity of the pick TODAY, Wednesday, June 9,
after 12:30 P.M. EST, so that as many of your orders as possible go through
before we buy.
IDCN has a strong and loyal base of long-term investors who have been
eagerly
awaiting the results of the company's gas drilling and verification of
recently
mined gold cores. The Unity List¹s 20,000 participants, coupled with this
base,
should tremendously increase the value of this stock.
FROM OUR CHARTING WE HAVE CONCLUDED THAT THIS STOCK WILL GAP UP NO LESS THAN
400%!
At some point after the Thursday A.M. gap up, you will see the price stall,
then dip some. This is called a Oshakeout.' As experienced traders know,
this is
a common practice by Market Makers to reclaim their shares. REMEMBER TO
HOLD
THROUGH THIS DIP! MMs will be FORCED to raise the price and you will
inevitably
see over 400%.
REMEMBER - the MORE you BUY and the LONGER you HOLD, the higher the value
increases and the more you stand to profit.***IDCN***
Indocan Resources is an exploration company with several mining claims in
Canada. IDCN has recently committed to spin off and fund a separate public
mining company, with plans for a shell acquisition well under way. Annual
Revenues expected are from $73.9 million to $98.5 million!
We have decided on IDCN because of the following very forward-looking
'rumor'
that we have come across from a reliable source in the investment community.
Remember, until it has been officially released by the company, THIS SHALL
ALL
BE CONSIDERED A'RUMOR:'
"IDCN 'may' soon be releasing news with the results of the drilling of the
Alberta Natural Gas wells including the estimations of the size of the
reserves
and a move to sell the rights to the gas. The Alberta Gas project was
announced
on the Business Wire on March 31, 1999.
Moreover, the company 'may' be releasing the results of the processing,
splitting and assay of the Isaac's Harbour, Nova Scotia gold cores along
with
independent verification and COC assay certification. The completion of the
Isaac's Harbour drilling was announced on the Business Wire on March 15,
1999."
REMEMBER, please feel free to post this pick. However, the above
information must be declared a 'rumor.'QUOTE AND CHART:
chart.canada-stockwatch.com
TECHNICAL INDICATORS:
tscn.com
PRECIOUS METALS PRICES:http://www.kitco.com/market/INVESTMENT
PROFILE:Company:
Indocan Resources Inc.Suite 2 - 331 Riverside Drive,
North Vancouver, British Columbia,Canada V7H 1V2www.indocan.com
Tel: [604] 929 7224 Fax: [604] 929 9277 Shares Outstanding: 62,127,516
Approximate Float: 26,060,000 Avg. Daily Vol.: 1,005,600Industry:
Natural Resources Long term Debt: ZeroAssets: $900,000,000(E)
Shareholder's Equity: $900,000,000(E)IMPORTANT:
Because of the varying investment objectives of our many subscribers, we
will
NOT be sending out alerts to hold nor sell. THIS IS THE ONLY ANNOUNCEMENT
YOU
WILL BE RECEIVING FOR THIS PLAY. Use your own discretion. We are a MOMO
play
list and can not account for long-term investments in this or any stock.
Nevertheless, as with all our picks, our estimations are that IDCN, a
progressive company with sizeable revenue, promising news and a strong base
of
shareholders, is a stock worth holding long term.
GO IDCN!!! Happy Trading and Good Luck! We'll see you at the bank!Bently
Kaplan
AdministratorThe Unity Listunitylist@hotmail.com*** DISCLAIMER***
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and contained in these email notices should be independently verified.
Subscribers/Traders should investigate and fully understand all risks before
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