Canadian Rocket Red's Picks Message Board

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Gold/Mining/Energy : Canadian Rocket Red's Picks

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To: lexi2004 who wrote (17011)	11/7/2007 10:33:55 AM
From: aknahow	Read Replies (2) of 19697

On technicals alone? Short term, meaning less than a month, no, a dollar is not doable. But earnings out on 14 November and Huizopa drilling starts in Dec. By end of Jan or Feb. at the latest AGT could rocket on good drill results at all three locations. See little interest in Apollo by non hedge fund mutual funds as most can't or won't tough a penny stock. Some Canadian funds will. But U.S. mutual funds probably won't and will wait for Apollo to trade at above $2 before taking positions, if they ever are going to. Black Fox drilling news should also be a factor in performance. Decisions made by RAB, Coghill, Jipangu and the miner SAS all can impact this stock more than T.A. imo So just too much fundamental stuff going on to rely on technicals but t.a. may show which way the wind is blowing. Must ask what you consider short term to be as have assumed you do not mean Feb.

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