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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold) -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (28)1/12/2002 9:27:48 PM
From: bill  Respond to of 613
 
Checked the charts. Nothing particularly exciting. Problem
with charts for the pennies is that everything is event based. Still, I find
the charts helpful between events. Sometimes,if there's a
leak, or anticipation,they provide a heads up so I can grab
some shares before the major move is made. Those that don't
believe in tech, don't beat me about the ears. There's many
ways to play this game. You play your way, I'll play mine.

TWG The price is above all three MA's. My chart is set at
10 days, 40 days and 200 days. That's a positive. However, the volume is falling. That's a negative. The OBV, which
I've learned to pay attention to is very positive. 5 mil
plus. Means buyers are paying the asks. The MACD is positive because there is a cross over on the centre line.
However, there has been a double top, a price breakdown
and Friday's close was on the low. What can one say? Mixed
signals. Short term weakness if there's no news but the
price isn't likely to fall far because buyers are accumulating.

DSP is lacklustre. The storngest indication is the OBV but it looks like the price could slip if no news soon. Probably money going out to other plays.

We could all probably have figured out the above without
looking at the charts. The discussion has covered the
situation pretty well.

For no particularly good reason, I'm still a believer in
Wawa. It may turn out that there's endless micros and not
enough macros to make a mine. Could be that Wawa is going
to be like GGL's property, a trap with endless tantalizing
possibilities that uses up budget after budget without
a find that is economic.

The Manitoba play has disappeared again. The spontaneous
combustion play. Looked hot a couple of times, then nothing.
I've worked in the area. Exploring there is tough slogging.

Got to remember the cycle: create a company, find some
moose pasture, promote, issue some stock, spend the money, promote, issue
more stock, spend more money,promote, issue more stock, spend the
money; consolidate 1 for 20, change name, find some more moose pasture, promote, issue more stock,
etc. It's called the sucker's life cycle. We got lucky with WSP,
ABZ, SUF, plus a few others that were good for a quick
buck. If you sold KRR at 15.00, you did okay. If you bought
it at 15.00, you did not.



To: bill who wrote (28)1/13/2002 10:14:27 PM
From: Letmebe Frank  Read Replies (1) | Respond to of 613
 
Howdy Bill; good to hear from you!

Re: :"Sold my DSP at 2.14. Been watching ever since."

Thats incredible, that you and Chuck, and probably everyone else but me, didn't sell DSP. Wouldn't you agree, that a look back at the chart would have lead anyone who looked, to sell? Share price crossing the 50 day moving average would have got me out at 1.50. See:
askresearch.com

Well I'm still hopeful on DSP and the team. When they have something to wind the PR machine up for, we will see 2 buck in the dust.

TO come clean on TWG, it forms a small part of my current portfolios. I got in on Torngat, and am down still. But I will try to add under .50. I have to decide wether to sell SUF, PLY, or STRATEGIC VISTA INTL INC (spent 2100 on Canadian Gold Resources - current shell worth 40$ - one of my sadder stories.)

Re:"I hope some of you made a bundle on ACA."

Well not me - didn't see that one coming. But gosh darn, Chuck sure seems to be doing well with it!