Barker Minerals Ltd (BML)

[marcos]

' Barker Minerals retains Beloud as market-maker

Barker Minerals Ltd BML
Shares issued 22,818,902 Jan 29 2003 close $ 0.24
Thursday January 30 2003 News Release
Mr. Louis Doyle reports
BARKER MINERALS RETAINS BELOUD MANAGEMENT
CONSULTANTS LTD.

Barker Minerals has retained Beloud Management Consultants Ltd. to act as a market-maker to maintain an orderly market in trading of its common shares. Beloud has agreed to act as a market-maker in accordance with TSX Venture Exchange requirements for a period of nine months and will receive a fee of $25,000. Beloud is owned by Lorne Beloud, a chartered accountant with an office in Kelowna, B.C.

(c) Copyright 2003 Canjex Publishing Ltd. http://www.stockwatch.com '
.................................................................

I don't see the effects of this showing up yet, maybe it starts in the month of February ..... wonder which house Beloud will use? ... picked up this bit on them from a google search, asz.v hired them 15 April last year -

' .... The rules of the CDNX define market making activities in part; 'Proper market-making activity corrects temporary imbalances in the supply of and demand for an Issuer's securities. The market should be allowed to rise and fall naturally, with the market-making activity operating primarily to smooth out these imbalances and facilitate an orderly market. Although a Person involved in market-making is not expected to ignore his or her economic self-interest or be precluded from also holding securities for investment purposes, he or she should normally be selling into a rising market and buying into a falling market. If the price stabilizes and there are sufficient buyers and sellers on both sides of the market, market-making activities should generally not occur at a level which materially affects the market'. ...'

http://www.allnetsecom.com/april_15_02.html

I have a stink bid in on bml, prepared to increase it if it gets hit .... thinking there may come a flush before it gets rolling for the season, clean out such holders as feel tired, and clear the decks