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


To: ralfph who wrote (7104)3/10/2002 8:38:07 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi ralfph,

Your in with MLR-v @$.16 for 62,500 shares.

Chart for Mandalay Resources Corp:

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

From the chart of MLR we can see the stock has support @$.14 it's 20EMA. The volume has been lower than average as of late and the chart indicators are mixed with a bullish bias. This stock had lots of news last week as they hired an investor relations firm, closed a financing and granted stock options. Something appears to be up with this puppy.

Good luck with this pick,
Al



To: ralfph who wrote (7104)3/12/2002 2:36:51 PM
From: Al Collard  Respond to of 11802
 
MLR-v...in the news:

Mandalay closes $220,000 private placement

Tue 12 Mar 2002

News Release
Mr. Juraj Adamec reports

Further to company's news in Stockwatch dated Feb. 18, 2002, and the
Canadian Venture Exchange acceptance on March 6, 2002, the private
placement of two million shares, of which one million are flow-through, at
a price of 11 cents per share, with two million non-transferable warrants
attached to purchase two million shares at a price of 15 cents per share
for a one-year period, has closed.