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Microcap & Penny Stocks : Technical Trading of Pennies -- Ignore unavailable to you. Want to Upgrade?


To: paul s. who wrote (260)1/17/1999 1:24:00 AM
From: Lawrence Burg  Respond to of 478
 
Wow. Cool thread. This is me all over...
Dropped into lotsa pennies about the same time I started with Window on Wallstreet. Believe or not, went strong on CNKT because of the TA (Fundies were also pretty good).

TNRG looks real healthy. Most notably, 20expBBands, Bostian's crosssed over, CCI8 ready for a rebound, Dahl's crossed up, MACD9 moving out, price oscillators, RSI (!!!), all Stochs, TRIX, Volume oscillators, and ADs. Looks really good.

CAVEAT...this is a prototypical penny, as it was recently actually at 1 cent. Had some old freebies averaged @ about $.12. However, I grabbed 230K @ .026. TNRG is very touch & go. Fundies are unproven. A one man show out of NYC, of multiple businesses, chinese connections and as yet unseen profits, though it looks as if he may be close. Other businesses by same chief are starting to look better. check the TNRG thread.

This should be play money, duh, as are most pennies. It should also be a trade, not a marriage.



To: paul s. who wrote (260)1/17/1999 1:36:00 AM
From: Lawrence Burg  Respond to of 478
 
One more...:o)

Monday looks like a good day for the two I mention.
TEXN is the second. Good little company that should show a slight profit on news early this coming week (18 January). TA was building some nice pressure until things (many I watch) fell apart after Thanksgiving. I have accumulated about 120K the last few months based on the fundies, but also the TA the last few months.

Aside from a pop this week, I would expect $0.50+ by April/May. TA is approaching vertical on many oscillators (rising, of course :o)) after last week.

Watch these for fun if you have a minute. I have a few more...I'll also try to catch up on the thread to see how you guys been doing...:o)



To: paul s. who wrote (260)1/18/1999 12:05:00 PM
From: keith schaefer  Respond to of 478
 
Paul, I have been waiting two long years for this, but finally...
News Release
Energold Mining Ltd.

For Release: Jan. 18, 1999 TRADING SYMBOL "EGD-V"

DRILLING COMMENCES AT LONGYEAR

Energold Mining Ltd. is very pleased to announce that a first phase drill program on its LONGYEAR Concession is underway. Longyear is located in central Dominican Republic, 3.5 km southwest of the Pueblo Viejo gold mine, where in excess of 5 million ounces of gold have been mined from oxides and a further 20 million ounces of sulphide-hosted gold awaits mining.

The first phase drill program is designed to drill test the oxide gold potential of a northwest trending 300 x 700 meter zone in which trench, pit and outcrop samples average >1 gram of gold per tonne. The zone lies within a larger 700 x 1600 meter gold in soil anomaly which is underlain by strong IP/Resistivity anomalies, interpreted to represent zones of sulphides and silicification at depth below the oxide horizon. The program will consist of 1000 meters of drilling in 17 to 20 holes, with most holes drilled to a depth of 50 meters. At least two holes will be drilled to a depth of 100 meters to test the depth of the oxide-sulphide contact and to begin to assess the grade of sulphide mineralization.

On Behalf of the Board…… For more information, please contact
Keith Schaefer
604-602-8125
Walter Sellmer, keith@energold.com
President energold.com

The Vancouver Stock Exchange has neither approved nor disapproved this release.

Oxide gold, at surface, epithermal, potential sulphide mineralization underneath.