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Gold/Mining/Energy : African Metals Corporation(AFR-Cdnx)(was Shiega resources)

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To: Walter who wrote (83)3/13/1998 12:43:00 PM
From: Wats  Read Replies (1) of 151
 
Hi Walter:

I like how the volume has increased in the past few weeks. While not in the 100,000's (at least not too often)...the volume is 60,000-100,000 on a daily basis. In the past, if it traded over 20,000 shares it was rare. Obviously the last two news releases have caught the attention of market watchers. Let's hope the momentum keeps going eh?!
The stock seems to have found a good support level around 40 pennies. If it can hold here a short while longer, I think it can then move to the 60 penny level. Today, it's current range is 38-43 (last 43). Looking forward to more good news releases in the next few months.

Regards,
Wats
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