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


To: Ceedee who wrote (6879)3/3/2002 1:37:44 PM
From: Al Collard  Respond to of 11802
 
Hi Ceedee,

Your in with MAJ-v @$1.60 for 6,250 shares.

Chart for Majescor Resources Inc:

stockcharts.com[h,a]daclyiay[pc20!b50][vc60][iLa12,26,9!Ll14]&pref=G

From the chart we can see MAJ broke back atop of it's 20EMA last week after testing the support of it's 50MA. The chart indicators have turned bullish pointing to further upside.

Good luck with this pick,
Al



To: Ceedee who wrote (6879)3/8/2002 3:55:15 PM
From: Al Collard  Read Replies (3) | Respond to of 11802
 
MAJ-v...in the news:

Kaiser says Majescor drills "very promising" Wemindji

Fri 8 Mar 2002


John Kaiser writes in a March 4 Tracker that Majescor Resources perked up
last Friday on news that drilling started on the on the 100-per-cent-owned
Wemindji project at James Bay in Quebec. Mr. Kaiser recommended Majescor at
35 cents in April, 2001. Majescor intends to test between 10 and 15
anomalies in the vicinity of the apparent head of an indicator mineral
dispersion train that includes G-10 pyrope garnets and ilmenites. While the
pyrope garnets produce a plot that is not as good as those published by
Majescor and Ashton at Otish Mountain, the Wemindji plot is nevertheless
"very promising." Majescor collected 15 kilograms of kimberlite fragments
ranging from 0.5 to 10 centimetres. This would suggest that Majescor is
very close to a kimberlite source. The market, however, has been reluctant
to give Majescor much credit for Wemindji. For one thing, the area has a
complex glacial history. Another is that the kimberlite fragments have been
described as "archetypal hypabyssal kimberlite." While not a negative in
terms of diamond potential, it can imply tonnage limitations and an elusive
target beneath the average 12 metres of overburden.