Dow Jones 9710.83 -57.85 2:00 pm PST, November 17, 2003  NASDAQ 1909.61 -20.65 For info, visit access.smallcapnetwork.com S & P 500 1043.63 -6.72 To be removed, please click here Russell 2000 526.21 -6.75 VOLUME 03: ISSUE 73  Feature: Snow Falls, Gas Rises. A scant six weeks ago, we brought you a Trading Alert on an exciting oil and gas concern, Assure Energy (OTCBB: ASUR), at $3.80. Remember that name.  The shares are currently trading at $4.60--an outstanding 22 percent gain in less than two months. That said, we are of the firm belief that the best is yet to come for Assure shareholders.  While we were extremely impressed with Assure when we alerted the readership in September, we now like the company and its prospects even more. The company's goal of 'growth through the drill bit and through acquisition' is coming together, fast. The third quarter numbers are in and over the next couple of months, drilling results are expected from the ten-well program in Canada's gas-rich Western Sedimentary Basin that the company announced in September. We expect the program's success will serve to drive both the company's prospects, as well as the share price, significantly higher. Oil and gas assets--especially gas--will be the place to be for the next decade. Assure Energy deserves a strong position within your resource holdings. A blistering pace Over the latest nine-month period, Assure's revenue is up more than 5-fold --to $3.9 million versus $702,000* for the same period 2002. While due primarily to Assure's acquisition of 48.5 percent of Quarry Oil and Gas, the company's revenues were also positively impacted by an increase in drilling activity and a strong Canadian dollar (versus the US dollar) as well as a rise in oil and gas prices. As the Quarry deal was done in late July 2003, the 9-month total figure includes 32.5 percent of Quarry's revenues.  For the third quarter 2003, Assure posted revenues of  $1.9 million, a 375 percent increase over the $400,000 reported for Q3 2002. The Q3 2003 figure includes 66.3 percent of Quarry's revenue Assure continues to throw off a very robust C$1.5 million in monthly cash flow which will see the company comfortably fund its multi-well drilling programs. These will likely bring in significant increases in BOE/D (Barrels of oil equivalents per day) production and reserves. For a complete background, see our October 10th profile. Investors who wait for drilling results to be published could well miss a significant move in Assure's share price. Find it or buy it, it's all gas Assure has already proven, through its acquisition of Quarry and, previously, Westerra 2000 Ltd, that it's mandate of growth through acquisition and exploration is firmly on target. >From a developmental stage company a year and a half ago, Assure has quickly and successfully integrated its acquisitions to become a viable oil and gas concern with compelling growth prospects. We expect that there will be more acquisitions to come, augmenting production, reserves and revenues.  Assure has put in place very competent and experienced management team and is engaged in its aggressive fall drilling program--the results of which should be announced by early in the first quarter 2004. Assure has made savvy acquisitions in Western Canada-- arguably the most gas rich area in the world--with first class properties right next door to the greatest consumer of that commodity: the United States. * The nine-month fiscal 2002 revenue figure (C$702,000) includes six months of contributions from subsidiaries Assure Oil and Gas and Westerra 2000 Ltd-- both acquired effective April 1, 2002.   Need another reason to Sign up for your FREE Preferred Membership? Over the past year, we've brought you 13 Trading Alerts. If you had invested $1000 in each one, your $13,000 investment would have grown to $23070, if you had sold, say, Friday November 7th, to pick a day. That's a 78 percent return in a less than a year. The best? Obviously, Cel-Sci. The worst? ThinkPath. If we strip those two out--the highest and lowest returns--the return on your $11,000 investment would have been a very respectable 51 percent. Not too shabby. By comparison, the S&P index has returned about 20 percent over the last year. The NASDAQ--to which we also alerted you at the low in March 2003--has returned around 40 percent in the same period. The NASDAQ Tracker (NASDAQ: QQQ) did slightly better than its benchmark having risen 45 percent. Oh yes, we told you about that one, too at $24 in February 2003. Now it's $35. And we're only looking at Trading Alerts. I suspect if we included all of our Company Profiles (check our Track Record), the numbers would likely have been even better. The best is yet to come. Sign up NOW! Joining our NEW Preferred Member Program is easy and simple. Just follow this quick two-step process: Opt-in your email address, then, make sure and confirm the request for confirmation you will receive in your inbox. That's it! You'll automatically be in position to start receiving these new special features available only to Preferred Members! To subscribe to the preferred member list, simply click here. Or, to subscribe by email, send a blank email to scn-preferred-subscribe@delta.levelogic.com. If there is a problem with the subscription or you do not receive a confirmation email within 2 hours, go to http://access.smallcapnetwork.com/pref-sub.html and submit your email address.   We Value Your Feedback Got comments, questions or suggestions? Send 'em on over: Editor@smallcapnetwork.com Unsubscribe Here D I S C L A I M E R : The SmallCap Digest is an independent electronic publication committed to providing our readers with factual information on selected  publicly traded companies. SmallCap Digest is not a registered investment advisor or broker-dealer. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward  maximizing the upside potential for investors while minimizing the downside risk, whenever possible.  Moreover, as detailed below, this publication accepts compensation from third party consultants and/or companies which it features for the publication and circulation of the SmallCap Digest or representation on SmallCapNetwork.net.  Likewise, this newsletter is owned by TGR, LLC.  To the degrees enumerated herein,  this newsletter should not be regarded as an independent publication. Click Here to view our compensation on every company we have ever covered, or visit the following web address:  http://access.smallcapnetwork.com/compensation_disclosure.html for our full compensation disclosure and http://access.smallcapnetwork.com/short_term_alerts.html for Trading Alerts compensation and disclosure. 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