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


To: Big Shorty who wrote (7782)4/15/2002 4:42:00 AM
From: Al Collard  Respond to of 11802
 
Hi jimc,

Your in with GL-v @$ 2.16 for 4,629 shares.

Chart for Golden Peaks Resources Limited:

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

From the chart of GL we can see the stock fell off of the cliff last week, breaking down under support on above average volume. The chart indicators are very bearish pointing to further downside. I guess the market didn't like the latest drill results from GL's Sierra de las Minas project. One would expect the stock to bounce at some point after such an illustrious freefall.

Good luck with this pick,
Al