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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 (8070)5/4/2002 6:28:55 AM
From: Al Collard  Respond to of 11802
 
Hi jimc,

Your in with NVE-v @$ .18 for 55,555 shares.

Chart for Novawest Resources, Inc:

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

From the chart of NVE we can see the stock has resistance @$ .22 it's 50MA. The chart indicators are bearish as the volume has been dropping off lately. This company has slowly been accumulating a portfolio of gold properties so the share price could explode to the upside, at any time, if the POG keeps going up. JMO

Good luck with this pick,
Al



To: Big Shorty who wrote (8070)5/7/2002 6:49:48 PM
From: Al Collard  Respond to of 11802
 
NVE-v...in the news:

NovaWest 500,000-share private placement

Tue 7 May 2002

Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect
to a non-brokered private placement announced April 16, 2002.
No. of shares: 500,000
Price: 20 cents per share
Warrants: 500,000 non-transferable share purchase warrants for
500,000 shares
Warrant price: 20 cents for a five-year period
Placees: 15 placees participated
The company must issue a news release if the private placement does not
close promptly.