Beartooth Platinum BTP Message Board

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Gold/Mining/Energy : Beartooth Platinum BTP

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To: siempre who wrote (20)	4/16/2004 6:44:25 PM
From: prophet86	Read Replies (1) of 28

Of all 3 stocks(spm,pom,moa) whose charts I briefly checked, the one I like the most is Polymet. One of my rules of penny stocks (or any stock) is to buy a stock that has been up there before. POM has an all time high of almost $4.00 and is still relatively cheap. Mountain Lake has bumped into its high of $1.40 and will need some great news to go through it. Scorpio is expensive and I would have to do some fundamental research to buy it. Polymet has made a nice long-term rounding bottom, just like BTP, the BEST chart formation for any speculative stock. BTP is running up to resistance at its 200 week MA of 45 cents. 200 week MA is still trending down. The momentum boys will definitely jump on BTP when it gets to 60 -70 cents. On a risk-reward basis, BTP still offers great value, and I believe it will hit $2.00 on momentum and they will need some great results to go through $2.00. All time high of over $4.00 in 96 based on their Idaho gold properties.

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