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: Abbeydale who wrote (3109)	6/10/2001 7:12:10 PM
From: Al Collard	Read Replies (4) of 11802

Hi Abbeydale, Your in with NMR-t @$.61 for 16,393 shares. Chart for Namibian Minerals Corp.(NMR-t): stockcharts.com[l,a]djclnimy[dc][pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9] Looking at the chart for NMR we can see a picture of a stock that just broke down and fell through it's 50MA with no real support below. The stock will now have resistance @$.75 the 20EMA to chew through, to make any serious move to the upside. The chart indicators are all bearish but the Stochastics is in oversold territory suggesting a bounce of some sort to occur near term. The low volume of last weeks sell-off could also be a hint the selling is overdone. Last NR from NMR-t: newswire.ca Good luck with this pick Abbey, regards, Al

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