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

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To: originunknown who wrote (11226)2/2/2003 9:18:11 AM
From: Al Collard   of 11802
 
Hi OU,

Your in with SAG-t @$ .085 for 117,647 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 that after breaking down under it's 20EMA last week the stock traded sideways for the final 3 days on declining volume. I would wait before going long for the stock to break back atop it's 20EMA @$ .09 or buy on a test of support @$ .07 it's 50MA. (Wait)

Good luck with this pick,
Al
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