I've been watching npa also. It is really moveing this week.. the following is a little info on this one..
iamond@neocom.ca
Date: Mon, 10 Mar 1997 21:49:28 -0500
To: diamond@neocom.ca
From: PENNY STOCK GURU <diamond@neocom.ca>
Subject: NPA-V HAS A HUGE DAY!!!!
CHANDELEUR BAY CYJ-Vse
First Recommendation: March 1996 @0.28
Short Term Target: $2.00
Long Term Target: $20.00
Rating: Strong Buy
Bid - Ask Last Change Volume Day's LO HI
0.79 0.82 0.80 +0.03 719,700 0.77 0.90
CYJ traded up to 0.90, an all time high. Closed @0.80 up 0.03 for the
day with volume of 719,700. Press release came out today regarding
commencement of drilling. With the large short position, shortsellers
are definitely losing money. Short covering could push the stock to
higher levels.
As results from Arizona come out and the drilling moves to California,
expect the stock to reach much much higher levels. I really do believe
we have a mini Diamond Fields on our hands.
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NORTHRICH RESOURCES NPA-Vse
First Recommendation: Feb. 27, 1997 @0.47
Short Term Target: $5.00
Long Term Target: $20.00
Rating: Strong Buy
Bid - Ask Last Change Volume Day's LO HI
1.47 1.50 1.50 +0.65 2,415,000 1.10 1.55
NPA was up 0.65 to close @1.50 on almost 2 1/2 million shares becoming
our 31st stock to double on our first anniversary and our 9th stock to
triple.
I am told NPA discovered another zone on the weekend which has not been
released yet. As well, this could be another Diamond Fields situation
which gives us quite a unique scenario of 2 potential mini Diamond
Fields being #1 and #2 in our portfolio. Question is which one should
we retire from first. I'm suggesting maintaining large positions in
both stocks.
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CANADIAN MINING CO. CNA-Ase
First Recommendation: July, 1996 @0.45
Short Term Target: $3.00
Long Term Target: $10.00
Rating: Strong Buy
Bid - Ask Last Change Volume Day's LO HI
1.50 1.54 1.54 +0.19 310,300 1.35 1.60
Half sell was given @2.50. Up another 0.19 today to close @1.54 on
heavy volume. Chart continues to look very, very bullish. We should be
close to setting new highs.
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CORA RESOURCES KRA-Vse
First Recommendation: Jan., 1997 @0.37
Short Term Target: $1.20
Long Term Target: $4.00
Rating: Strong Buy
Bid - Ask Last Change Volume Day's LO HI
0.52 0.55 0.55 +0.08 357,400 0.49 0.58
Recommended by John Kaiser on the weekend. My suggestion is to hang on
to the stock you have and when the JV announcement comes out double your
holdings and do not take profits until the stock hits $2.00.
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IMPACT MINERALS IPT-Vse
First Recommendation: Jan., 1997 @0.45
Short Term Target: $1.20
Long Term Target: $4.00
Rating: Strong Buy
Bid - Ask Last Change Volume Day's LO HI
0.71 0.75 0.75 39,700 0.71 0.78
Impact is holding its gains rather well. One thing should be noted that
the same promotional team backing Impact has also been behind First
Choice which was on the front page of the business section on Friday
having been bought out by Shaw Cable. Interesting to note that First
Choice was @0.80 a year ago and $4.00 today. We expect Impact to follow
suit as their massive Dominican Republic discovery is made public.
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ICAN IMI-Tse
First Recommendation: March 4, 1997 @0.60
Short Term Target: $1.00
Long Term Target: $3.00
Rating: Strong Buy
Bid - Ask Last Change Volume Day's LO HI
0.53 0.54 0.54 +0.02 73,000 0.52 0.55
I had a lengthy meeting with President Archie Nesbitt and PR guy Raju
Wani and I've learned some very interesting things about the company.
One of directors is a member of the Lundin family. The Lundin family
is worth over $1 billion dollars and has put many mining companies into
production. Recently this director sold one of his companies for
$250million profit. He is also behind International Curator which ran
up to $20.
The company has completely changed. The old directors have resigned and
the shares have been taken over by the new directors.
Another director has been residing in Mexico for 15 years and has built
some pretty powerful connections. This has enabled Ican to pick up a
very promising Mexican property and the company has many additional
Mexican acquisitions in mind.
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At today's Mining Convention in Toronto the big excitement was caused by
companies based in Mexico which have run up from a few dollars to the
$20 to $30 range (2 examples are Manhattan and Francisco Gold).
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MAY THE PROFITS BE WITH YOU |
