Canadian-under $3.00 Stock-Picking Challenge Message Board

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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Rocket Red who wrote (1120)	3/16/2001 9:28:55 PM
From: Al Collard	Read Replies (2) of 11802

Hi Red, Your in with MGM-v @$.58 for 17,241 shares. Chart for Morgain Minerals, Inc.(MGM-v): stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3] Looking at this chart one notices the dragon-fly dogi that formed on Tuesday, this type of pattern signifies a turning point and turn it did, straight-up and broke-out. All indicators are positive with more than 5 times normal volume. If this stock can break through it's 200MA at $.59 there is nothing but blue sky above. But notice how 3 times since Feb. the stock has bumped into the 200MA and been driven back each time. Will be interesting to see if this time is different. Good luck with this pick Red and thanks for bringing it to our attention. regards, Al

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