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Gold/Mining/Energy : Noveder Inc. - NED - MSE

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To: David H. Walker who wrote ()3/19/1997 3:06:00 PM
From: Cadman Chui   of 30
 
David,

I have been tracking this stock for quite a while. It has made a cup with handle formation and has formed a 11% solid base for 1.5 months. The breakout point seems strong. I'm in at $1.59 this morning, here's hoping it REPEATS its pattern of last March. Look carefully at the chart, the timescale, volume, and relative trading prices and you'll find that this stock likes trading in a repeating pattern.

Notice also how the stock likes closing high. Its acquistions are a definite plus... It may find a world class play along side Bema Gold. Hold on tight!

Regards,
Cadman.
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