[forum] The Bull is Back: SmallCap Profile

[Norbert M. Pilger]

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Content-Comemnt: The Micro-Cap Journal

When people are free to do as they please, they usually imitate each other.	-Eric Hoffer (1902-1983)	

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Content-Comemnt: Wall Street Pulse

100.126.114.162 Part_ANLAma4Q4.aBLdtZMsAL9 Paracelsus grapefruit black

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Content-Comemnt: Penny Stocks Can Make You Money...


AVALON ENTERS INTO AN AGREEMENT FOR JOINT VENTURE IN =93GIANT=94 OVERPRESS=
URED GAS
PROSPECT IN U.S.  ROCKIES

 

IMMEDIATE NEWS RELEASE: AVGC **** AVGC ***********=0A 

November 12, 2004: Avalon Gold Corporation (OTC BB: AVGC) announces it has=
 entered
into an agreement with Golden Spirit Mining Ltd. (OTC BB: GSML) to sell a =
40%
working interest in a giant gas field lease in the Uinta Basin, located in=
 the US
Rockies, Utah.   Upon signing of the agreement, Golden Spirit will issue 1=
,000,000
common shares 144-Registered as a non-refundable deposit to Avalon.  Golde=
n Spirit
has a right to acquire the 40% working interest in the gas lease upon Aval=
on
receiving a payment of US$750,000 on or before December 10, 2004.   In ret=
urn,
Avalon will issue and deliver 2,000,000 shares of its common stock to Gold=
en Spirit.

 

The lease area, located in the Uinta Basin,  comprises 13,189 acres with a=
 potential
4 TCF recoverable gas and is overpressured by a 0.55 =96 0.85 gradient.

 

According to available data in the area, the prospect property has been de=
lineated
using several hundred miles of seismic.  The seismic data confirms the thi=
ck Emery
pay section and shows several sediment wedges in the prospect area.  =93We=
 feel the
data supports a basin wide deep gas accumulation covering the entire field=
,=94 states
Robert Waters, President of Avalon Gold.  This giant gas lease borders oth=
er leases
owned by EOG Resources Inc. (NYSE: EOG) and EnCana Corp (TSE: ECA.TO; NYSE=
: ECA).

 

Major energy companies today recognize that tight gas reservoirs, where ge=
ological
formations make production complex, and coal-bed methane, where gas is ext=
racted
from coal deposits, are two of the more important near term sources to boo=
st North
American production of natural gas as demand outstrips supply and drives u=
p prices.

 

The US Geological Survey estimated (in 1995) basin-center and deep-basin g=
as
resources in the Rocky Mountain Laramide basins to be 250 TCF.  The Drunka=
rds Wash
Field, just south of the prospect area is estimated to have between 2-4 TC=
F of
recoverable gas.  The Jonah Field Overpressured Gas Plain, which is analog=
ous to our
prospect area, has similar overpressuring, depth, reservoir rocks and is e=
stimated
to be 2.5+ TCF.

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Content-Comemnt: Will This SmallCap Shine?

Whenever you find you are on the side of the majority, it is time to pause and reflect.	-Mark Twain [Samuel Langhornne Clemens] (1835-1910)	 From that day on there were new rules in my classroom. Each student was to have an adult 'communication partner' at the computer. This adult was to sit with the child, not saying a word until the student stopped and looked at the adult or in some other way indicated that communication was desired. Then the adult was only to encourage the student by saying the word, nodding the headand smiling. The student was allowed to continue his or her learning. When the student imitated a word, the adult was to respond appropriately. NO QUESTIONS WERE ALLOWED during this beginning phase. The students were just learning to talk.

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