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

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To: Chuca Marsh who wrote (11492)2/23/2003 10:21:18 AM
From: Al Collard   of 11802
 
Hi Chucka,

Your in with GCU-v @$ 1.20 for 8,333 shares.

Chart for Gold Canyon Resources, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of GCU we can see the stock broke down under it's 50MA last week before clawing it's way back and closing atop it's 20EMA to close out the week. The low volume as of late makes getting a read from the chart indicators suspect at best but I would wait before going long this stock to see if the 20EMA support is going to hold. (Wait)

Good luck with this pick,
Al
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