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

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To: geoffb_si who wrote (8319)5/24/2002 9:04:38 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi Geoff,

I'm in this week with FGD-v @$ .08 for 125,000 shares.

Chart for First Goldwater Resources, Inc:

stockcharts.com[h,a]dacayiay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of FGD we can see the stock is trading right on it's converged 20EMA and 50MA's. The reason behind the pick is the stock should have news early next week on the testing of it's natural gas well after completion this weekend. Hopefully if the news is good the share price will respond.

Regards,
Al
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