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Gold/Mining/Energy : Canadian Rocket Red's Picks

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To: Rocket Red who wrote (646)3/4/2000 6:52:00 PM
From: Jerrold Annett  Read Replies (2) of 19697
 
Hello, I am new to this thread and would like some feedback on some investments I have made this past week:

1) ADV-CDNX--Bought in $1.36 (waiting on news w.r.t. direction they will take for future growth)

2) TRT-T ..... They have $5.5 million CDN and are expecting another $10 million CDN from the sale of their tire co. in China. The $10 million is expected this year in equal installments (I think 4 more??)....March 31st, June 30th, etc., etc. They are currently trading at 75 cents and only have 16 million shares Outstanding. They are rumoured to be looking to close a tech-deal. They have nothing other than cash. Bought in at $0.72

3) NCS-CDNX......I like this one because they have 985,000 shares of MMI-CDNX. I don't want to chase MMI so I think NCS is leveraged well if MMI decides to take off. Bought in at $0.98.....closed on Friday $1.01

4) SJD-CDNX.......They have $9 million CDN in cash and are rumoured to be looking for a tech deal. Bought in at $0.68 and I believe it is still at $0.68 as of Friday's close

5) ADX-T......Bought in at $3.85. I just played the charts with this one and really don't know too much about it. The charts told me that it was a screaming buy. On stockhouse there is a lot of hype about this one.....which makes me a bit nervous. Closed on Friday at $4.30
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