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: johnjet who wrote (2501)	5/13/2001 9:12:27 AM
From: Al Collard	Read Replies (2) of 11802

Hi John, Your in with K-t @$.95 for 10,526 shares. Chart for Kinross Gold Corp.(K-t): stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for K-t we can see the stock had a big gap-up day last Wednesday on big volume and is now trading above all it's major MA's. This stock should now have support @$.83 it's 200MA. The ADX and MACD are both showing that the trend is up, but the Stochastics is nearing over-bought territory. Will be interesting to see if the profit takers move in and close the gap or if the stock will continue it's upward trend. As always with the gold producing stocks the actual POG will provide the leadership. Good luck with this pick, Al ps...never thought I'd see you take a gold stock. You getting the gold bug fever again? <ggg>

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