CORNUCOPIA RESOURCES CNP.t Message Board

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Gold/Mining/Energy : CORNUCOPIA RESOURCES CNP.t

CNP 39.16

+0.4%

9:38 AM EST

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To: Essam Hamza who wrote (13)	1/1/1997 6:22:00 AM
From: George J. Tromp	of 336

HI ESSAM; I bought some Cornucopia last week feeling it is also undervalued probably driven lower than it should have gone due to tax loss selling. I took the liberty of looking at it technically on my charting system. It is oversold and had decreasing volume thru the summer reaching a low in mid December (volume wise). Two days ago volume increased to levels not seen since early part of 96. Nasdaq trade yesterday 220,000 shares. Schocastics flashed a buy mid November though weak has not yet rolled to a sell. I have reason to feel optimistic if volume continues an imminent rally will be forthcoming early this year. Fundamentally and technically the stock is ready for a rally. With oncoming production from Mineral Ridge, this stock will rise. George

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