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


To: hx4 who wrote (7364)3/25/2002 6:28:11 AM
From: Al Collard  Respond to of 11802
 
Hi Harry,

Your in with CNB-v @$ .32 for 31,250 shares.

Chart for Canabrava Diamond Corp:

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

From the chart of CNB we can see the stock broke down last week on below average volume and now has resistance @$.35 it's 20EMA. The chart indicators are bearish pointing to further downside. It appears this stock needs some news to right itself.

Good luck with this pick,
Al



To: hx4 who wrote (7364)3/27/2002 12:48:08 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
CNB-v...in the news:

Canabrava Series E warrant expiry dates extended

Tue 26 Mar 2002


The Canadian Venture Exchange has consented to the extension in the expiry
date of the following warrants:
Private placement
No. of warrants: 500,000 Series E share purchase warrants
Original expiry dateApril 8, 2002
New expiry date: April 8, 2004
Exercise price: $2.25
These warrants were issued pursuant to a private placement of one million
shares with 500,000 non-transferable Series E share purchase warrants
attached, which was accepted for filing by the exchange effective April 7,
2000.