Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (5572)	8/7/2004 2:21:15 PM
From: arnold silver	Read Replies (1) \| Respond to of 23958

Ken "I've been looking at Ditch's NXG and WHT in the mining areas." I loaded up on WHT @ $3.00 when announced they were going to buy IMGOLD. Do you think it will ever get back there? Boo Hoo, Arnie

To: Ken W who wrote (5572)	8/7/2004 10:16:50 PM
From: Jibacoa	Respond to of 23958

I've been looking at Ditch's NXG and WHT in the mining areas. Both had pretty good earnings and maybe people will start to move to metals going into election time. Ken: WHT looks good.(Better than the general market.<g>) Yesterday the stock was able to reverse Thursday's loss with the help of announcing the 2ndQ results that showed earnings a penny better than in June 2003 on more than 3x better revenues. I thought their earnings would be even better taking into account that they were able to sell gold at $388/ounce and their cost for producing it was down to $19 from $90 in 2003,with the help of the price increase in copper and silver.<g> Will see what happens on Monday after their CC and CDE's results and CC which are also scheduled for that day. The stock needs to close above the initial resistance at 2.57 (it tried for that in the morning and late afternoon on Friday).It didn't fully close its early morning up-gap. After 2.57 the next resistance seems to be the July 30 H at 2.63(the day that they also had an up-gap that was closed in the afternoon.<g>)(July 30 was the day that they closed the July 23 down-gap, but as you know I am not too fond of those gaps.<G>) (There is also another small down-gap a the 2.75 level on July 21,which hasn't ben closed as yet.) In my view, their more important near resistance is now the 3.04 level (from May-June-July) before it can test the March 31 H at 3.56, which was also the day of a good up-gap.If they can do that, it seems it could get back on the up-trend that started in May last year from the 0.81 level. bigcharts.marketwatch.com RAGL Bernard