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Archive for June, 2007

Is something cooking at Loblaws or is it the new CEO action? The stock has been fighting back and is nicely positioned to continue its way up.

In no particular order. Click the chart to see it full size.

LAS VEGAS, June 18 /PRNewswire-FirstCall/ — (OTC Bulletin Board: HMSO, Frankfurt: XZA) Hemis Corporation is an international resource company with three exploration properties in Mexico and one in Alaska. Hemis’ Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (TSX: G - News; NYSE: GG - News) through Goldcorp’s Mexican subsidiary Glamis Exploration.

Hemis is pleased to announce the first drill results from its El Tigre gold exploration project in eastern Sonora, Mexico. The project is currently undergoing an initial phase of diamond drilling.

The initial drill holes have been on its El Tigre breccia zone where surface sampling had revealed promising gold values over a broad area. Hole ELT-001 was drilled at an angle of -60 degrees. It cut a zone of silicified breccia containing pyrite from the surface to 85 meters. For the interval from 42 to 70 meters the samples averaged 0.758 gr/T of gold. Because the geometry of the El Tigre breccia zone remains poorly constrained, it is uncertain if this 28 meter interval represents a true width.
read more here

Charts from Stockcharts.com.

New Positions

Long CCO.TO @ $58.89, stop loss @ $ 57, risk per unit $1.92
Back into CCO, looking strong.

Closed Positions

Sold CNQ.TO @ $74.4, Net PL $ 388.00 (0.9%), risk/reward 0.4

Portfolio

Stocks

Long G.TO @ $26.47, stop loss @ $ 25, risk per unit $1.49
Back into Goldcorp. Buy signal on my system.

Closed Positions

L.TO (Break even)
IMO.TO (Break even)
Sold CCO.TO @ $59.37, Net PL $ 1416.00 (5.0%), risk/reward 1.9
Will get back into it on Monday/Tuesday when it retreats.

Portfolio