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  #51  
Old 02-27-2012, 03:16 PM
chartsrgood chartsrgood is offline
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nsu May have bottomed

chart looks good imo

impulse wave up off the low... it looks like...so far
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  #52  
Old 02-27-2012, 07:18 PM
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Numisgold Numisgold is offline
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Quote:
Originally Posted by chartsrgood View Post
fwiw
kgc is on radar screen for a buy
Could be. But with a class action lawsuit brewing concerning a huge ($3 BILL) over-estimation of resources from the Redback acquistion, and possibly looking to dispose of 2 of its promising mine positions (Crixis and Cerro Casale), they might be on the same path that IAG just recently undertook.

Last edited by Numisgold : 02-28-2012 at 08:48 AM.
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  #53  
Old 02-27-2012, 11:28 PM
chartsrgood chartsrgood is offline
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Quote:
Originally Posted by Numisgold View Post
Could be. But with a class action lawsuit brewing concerning a huge over-estimation of resources from the Redback acquistion, and possibly looking to dispose of 2 of its promising mine positions (Crixis and Cerro Casale), they might be on the same path that IAG just recently undertook.
Thanks for mentioning it.

I looked closer at the chart and noticed there was no throwover on the upper line but a little throwover on the last touch of the lower line, which Could be a suttle warning the lower line isn't going to hold or the throwover in this case may mean nothing much. I did draw the lower line at the lowest point possible.

Will be interesting to see how the stock acts when and if it gets down to the line again. The line may hold or the stock may have a gap down opening near or below the line and in either case go clearly through it in which case the possible buy would not occur

If kgc is in the midst of a third wave down from the September high of 18ish the line is unlikely to hold. I am of the view if that is the case it will be clear enough not to buy the stock when the line is approached again.

Another possibility is...the stock breaches the lower line again a bit more than it did the first time and then bounces. I would view that as another warning sign about the long side.
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  #54  
Old 02-28-2012, 08:51 AM
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Numisgold Numisgold is offline
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KGC is probably near the lows if not already there. My point was that maybe they aren't quite ready for a sharp turnaround until they get more of their house in order.
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  #55  
Old 02-28-2012, 10:12 AM
ILUVPMs ILUVPMs is offline
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Quote:
Originally Posted by Numisgold View Post
KGC is probably near the lows if not already there. My point was that maybe they aren't quite ready for a sharp turnaround until they get more of their house in order.
Cannot believe how badly hammered this stock has gotten.
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  #56  
Old 02-28-2012, 03:38 PM
AUthatsmine AUthatsmine is offline
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Nevsun has corrected - no longer getting hammered.

Last edited by AUthatsmine : 02-28-2012 at 04:12 PM.
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  #57  
Old 03-12-2012, 05:23 PM
chartsrgood chartsrgood is offline
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fwiw

nsu is probably making a low today or tomorrow or less likely wednesday

count the days of the declines in November, Dec, and Feb....and of course March

the chart to me looks right for a low, the way the pattern feels as well.

looks like a low risk buy in here. jmo
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  #58  
Old 03-13-2012, 11:37 PM
chartsrgood chartsrgood is offline
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class action suit filed against nsu after the close.
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  #59  
Old 03-14-2012, 01:41 AM
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Chadilac Chadilac is offline
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Are you still in Nevusun Charts, What's this class action about?

Is there a class action agst8 Kinross still, who do I need to talk to sign up?

Did you buy any other contrarian miners lately, what do you think of Thompson Creek Mines {TCM}?
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  #60  
Old 03-14-2012, 02:30 AM
chartsrgood chartsrgood is offline
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Quote:
Originally Posted by Chadilac View Post
Are you still in Nevusun Charts, What's this class action about?

Is there a class action agst8 Kinross still, who do I need to talk to sign up?

Did you buy any other contrarian miners lately, what do you think of Thompson Creek Mines {TCM}?
yes still holding nsu

don't know the answers to the other questions
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