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: Flea who wrote (2040)	4/22/2001 7:24:56 PM
From: Al Collard	Read Replies (1) of 11802

Hi Flea, Your in with HLB-t @$1.02 for 9,803 shares. Chart for Hillsborough Resources Limited(HLB-t): stockcharts.com[h,a]declnimy[pc20!b50!b100!b200!b10][vc60][iLh14,3!Ll14!Lb14!La12,26,9] Looking at the chart for HLB we can see that the stock is currently trading above all it's major MA's and is in a basing pattern after a nice uptrend run-up. The stock closed at the high of the day on Friday on nearly triple it's normal volume. There should be good support at the 50MA @$.89 since the stock has traded above it for last four months. All the indicators are still positive and it will be interesting to see which way this stock will break from the wedge on the chart. Personally I think it will break to the upside. Good luck with this pick Flea, Al

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