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


To: whisky who wrote (3219)6/16/2001 12:47:11 PM
From: Al Collard  Respond to of 11802
 
Hi whisky, no problem, your in with CNB-v. We have a rule on this thread that the 1st one to pick a stock gets it.

Welcome to the contest,
regards,
Al



To: whisky who wrote (3219)6/16/2001 1:10:49 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi whisky,

Your in with CNB-v @$.24 for 41,666 shares.

Chart for Canabrava Diamond Corp.(CNB-v):

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

Looking at the chart for CNB we can see the stock has been in a downtrend for the last 4 months, trading under it's 20EMA. The stock now has resistance @$.25 the 20EMA which it has failed to break through on numerous occasions. The ADX and Stochastics are showing strong downtrends but if the MACD is an early indicator there may be a rebound as it appears to have turned around and is heading up. Fairly mixed signals on the chart but the increasing volume of late may be a good sign.

Latest NR on CNB-v:

newswire.ca

CNB-v website:http://www.canabrava.ca/

Good luck with this pick whisky,
Al



To: whisky who wrote (3219)6/18/2001 9:17:37 PM
From: Al Collard  Respond to of 11802
 
whisky, an interesting tidbit on your pick CNB-v:

Canabrava shares acquired by AGF Funds


Mon 18 Jun 2001

News Release

Mr. Clive Coombs of AGF Funds reports

AGF Funds Inc. now owns 6,271,500 shares (or 12.41 per cent of the
outstanding shares) of Canabrava Diamond.
AGF is one of Canada's premier mutual fund and wealth management companies
with offices across Canada and subsidiaries around the world. With
$34-billion in assets under management, AGF serves more than 1.2 million
Canadians through a broad range of award-winning funds and retirement
solutions.