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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: SAM-DAN who wrote (2403)5/7/2001 3:37:36 AM
From: Al Collard  Respond to of 11802
 
Hi SAM-DAN,

Your in with SCV-v @$.94 for 10,638 shares.

Chart for Soveriegn Chief Ventures Limited(SCV-v):

stockcharts.com[l,a]djclnimy[pc20!b50!b100!b200][vc60][iLl14!Lh14,3!La12,26,9]

Looking at the chart for SCV we can see the stock is trading well under all it's major MA's and spent all last week basing after it's latest downtrend. The Stochastics shows the stock is in oversold territory and appears to have turned up. The MACD is crossing over and is turning up. These may be early indicators but they appear to have a bullish bias and the stock should bounce up from here. JMHO

Good luck with this pick,
Al



To: SAM-DAN who wrote (2403)5/7/2001 6:04:57 PM
From: Al Collard  Respond to of 11802
 
SAM-DAN, news out on your pick SCV-v:

Sovereign receives core analysis on Mitchell No. 2


Mon 7 May 2001

News Release

Mr. Bill Wood reports

Sovereign Chief Ventures has received the logs and core analysis on the
Mitchell No. 2 well. The well has multiple pay zones starting at 950 feet
to 4,600 feet capable of producing hydrocarbons from the Miocene, Catahoula
and Frio sands. The Mitchell No. 2 well is the second well drilled and pipe
set on the Mitchell lease, and the 10th well on the Brookshire Salt Dome
project. The project is located 30 miles west of Houston, in Waller county,
Texas.
Additional information on a11 of Sovereign's projects can be obtained by
visiting the projects in person or visit the company's Web site,
www.sChiefv.com.