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

To: VAUGHN who wrote (41)	1/18/2002 11:12:22 PM
From: bill	Read Replies (2) \| Respond to of 613

First, those who do not believe in technicals, don't berate me. I find them helpful in choosing entry and exit points and marking short term trends. Others don't. I know that. It's an old debate. OBV is the on balance volume. You start out with a set number--can be zero. You then subtract the end of day volume for any day that the price is below that to the previous day. You add the volume of any day where the price is up. The total stock traded is, of course, zero-zero because there is always a buyer and a seller but by adding the volumes on a final tick up or subtracting on a tick down, you can see a trend being established. For example, you may have a down day with 10,000 shares but an up day with 100,000 shares. Have that happen a few times and you know that the asks are being hit. This trend shows more clearly (in my opinion)than the moving average (MA). The MA may be trending down (price moving down on a series of given days)but the OBV may be moving up because of volume on up days. Take a look at a chart for TWG. If I'd have been paying attention, the OBV should have got me in around 44 cents. One thing that concerned me about the TWG chart was that the volume (not the OBV) bars were trending down while price was trending up. That often indicates latecomers (like myself) jumping in after the real interest has peaked. It often means that the price will start to break down from a top. However, the volume started up again, in concert with the price so I figured it was worth taking a position. Buying signs: volume up, price up. Warning signs: volume down, price up. volume up, price down. And the granddaddy of them all. Volume down, price down.

To: VAUGHN who wrote (41)	1/19/2002 1:14:59 AM
From: russet	Respond to of 613

I asked TWG why they are not on the schedule to make any presentations as either Vancouver's Roundup next week or at the PDAC and I have not heard back in that regard. JO had apparently asked them to present at YK's Geoscience Forum last fall but for what ever reason they declined. When I spoke to RW, TWG's IR person she made a lot of sounds about being very concerned about giving out information that competitors could use. I don't understand why since TWG's claims are secured, but that may explain why they are not doing these presentations. Very unfortunate however, as its at such presentations that geoscientists, technical investors and newsletter writers gain as sense of a plays potential. In my view these are major... MAJOR lost promotional opportunities! I would become very worried if this were true. Last year they presented their story multiple times at the PDAC, CIM convention, anywhere and anyplace that would have them. If they're claming up now, we're in trouble. But I don't think they are, based on the number of times they have given investor seminars in the last few months. They are definitely looking for money to further their cause. My guess is they will be presenting something at the PDAC, perhaps not in the main technical sessions, but in the concurrent seminars as they did last year,...and no doubt they will have a booth or a core shack,...or both,...I hope.