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


To: brian krause who wrote (10749)1/4/2003 7:56:25 AM
From: Al Collard  Respond to of 11802
 
Hi Brian,

Your in with SAG-t @$ .075 for 133,333 shares.

Chart for South American Gold and Copper Co. Ltd:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of SAG we can see the short white candlestick from Friday indicating the stock is consolidating on well above average volume. The close near the high of the day is bullish but the chart is going sideways as the stock consolidates. If I owned the stock I would hold and if I wanted to get in I would wait for it to break through the $.08 level. (Hold)

Good luck with this pick,
Al