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

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To: Enigma who wrote (10972)1/18/2003 5:53:00 AM
From: Al Collard   of 11802
 
Hi Enigma,

Your in with CBI-t @$ .255 for 39,215 shares.

Chart for Chesbar Resources Inc:

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

From the chart of CBI we can see the stock spiked up on Friday before a bout of profit taking kicked in. The stock was sold down to the low of the day, with a higher high and a higher low. It appears the stock needs to consolidate a bit before going much higher. (Hold)

Good luck with this pick,
Al
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