Today the company had an announcement (it is attached) confirming additional visible gold on their 100% owned Devil's Lake Property. The volume of trading were high (about 1.5 million shares) and the price was jumped from $0.50 to $0.62.
As I mentioned in my previous email, I still strongly believe that the stock
http://groups.google.com/groups?hl=en&lr=&ie=UTF-8&threadm=HMAYANLO.65.317DA125%40CHEMIC.... ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ price will be between $1.0-$1.30 within the next 3-7 days which is about ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ 70% profit from the current price ($0.62). ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ There is a very strong rumor on the street that Petro Plus Inc. will announce a big surprise news during the next 7 days. ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Meanwhile, the company will start their diamond drilling program in Saskatchewan very soon. I have no idea how Kensington's property (KRT/ vse) ($2.50) is closer to Petro Plus's property but I have heard that the management of PPV.A have very record of identifying excellent properties with diamond potential in Saskatchewan in the past.
Regards, Hassan....
PS. If you are interested to receive more information about PPV.A or my other stock tips, please let me know (hmayanlo@novice.uwaterloo.ca)
Disclaimer: I am only a shareholder without having any affiliation with the company.
**************************************************************************** PRESS RELEASE PETRO PLUS INC. (ASE-PPV.A) April 24, 1996
Additional Visible Gold Logged on Devil's Lake Property, La Ronge, Sask. -----------------------------------------------------------------------
Petro Plus Inc. wishes to announce that on their 100% owned Devil's Lake Property near La Ronge, Saskatchewan, Canada visible gold has been logged in DDH 96-22 at 76 feet, the 15th hole in the current drill program. This is the sixth hole into the SW-2 zone, 350 meters southwest, along strike from the 'PIT' Zone. The core is being assayed by total metallic assay method, with results expected later this week.
Drill sludge from hole DDH 96-17 (located on SW-2) assayed 0.068 oz/ton gold from 35-55 ft., 0.07 oz/ton gold from 65-75 ft. and 0.31 oz/ton gold from 130-140 ft.
For further information please contact Urban Casavant c/o 500, 10060 Jasper Avenue, Edmonton, Alberta T5J 3R8, or by telephone at (306) 922-6065, or fax (306) 922-6065.
The Alberta Stock Exchange has neither approved or disapproved of the information contained herein. ****************************************************************************