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


To: 1st.mate who wrote (4071)10/8/2001 12:17:40 PM
From: Al Collard  Respond to of 11802
 
Hi Matey,

Your in with CNB-v @$.23 for 43,478 shares.

Chart for Canabrava Diamond Corp:

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

From the chart for CNB the 1st signal of note is the extremely low volume as of late, making the latest share price appreciation suspect. The chart indicators are all positive and pointing to further upside. It sure looks like a double bottom has been put in, but increased volume will be needed for this stock to right itself.

Good luck with this pick Matey.

Regards,
Al



To: 1st.mate who wrote (4071)10/10/2001 10:29:53 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Matey, news out on your pick CNB-v:

Canabrava purchases five township claims

Canabrava Diamond Corp CNB

Shares issued 43,883,506 Oct 10 close $0.23

Wed 10 Oct 2001 Property Agreement

Also Berland Resources Ltd (BNL)
The Canadian Venture Exchange has accepted for filing a term sheet dated
Oct. 3, 2001, between Canabrava and Berland, whereby Canabrava has acquired
a 100-per-cent interest in four Staples township claims and one Casselman
township claim located in the Porcupine mining division, Ontario. In
consideration Canabrava will pay $100,000 and issue 100,000 common shares
in stages over a three-year period.
Upon Canabrava earning its 100-per-cent interest, Berland will be paid a
royalty equal to 2 per cent of gross overriding royalty. Canabrava is
granted a right to purchase 1 per cent of the royalty for $1-million, which
is subject to further exchange review and acceptance. Berland will retain
the remaining 1 per cent provided that Canabrava will have a right of first
refusal should Berland want to sell or dispose of the royalty.