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

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To: Carter B who wrote (10599)12/20/2002 10:03:44 PM
From: Al Collard   of 11802
 
Hi Carter,

Your in with SAG-t @$ .065 for 153,846 shares.

Chart for South American Gold and Copper Co Ltd:

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

From the chart of SAG we can see the stock has support @$ .06 it's 20EMA. Friday the stock closed lower with a lower low. The sellers were in control until the end of day when some buying came in and the stock finished at the high of the day. The dragonfly Doji candle on the chart often signifies a top and a bearish reversal as the stock is appearing overbought. (Hold)...with a sell bias

Good luck with this pick,
Al
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