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     dug
Member
Username: dug
Post Number: 3007
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Friday, March 28, 2008 - 01:33 pm: |  
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This is an Underground Mining Junior.UnderGround Mining Potential is a Specialist ie Dangerous Activity for buying shares into.Compared to cheap open cut strip mining that is.
but I think that HEG may qualify for being a potential TakeOver Target IF it JORC's Up significant Reserves in this "passed over" Used to be Fabulous Gold Field HEG is kicking around in NSW.
Anyway it's sorta floundering at the moment but is,unlike a lot/most other Gold Jnrs,still hanging above d'150MA.
Even 'til Jaded.
Dig for the sake of it.
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tryhay
Member
Username: tryhay
Post Number: 982
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Monday, March 31, 2008 - 02:56 pm: |
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Some are suggesting a "fools gold rally" ATM but others have just started to buy into some 'quality' stocks anyway ~ by the look of this and many others today.
Daily chart: Increase in price & volume today
I wish to buy in closer to ~30c
Happy trading DYOR
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dug
Member
Username: dug
Post Number: 3018
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Monday, March 31, 2008 - 03:11 pm: |
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tryhay wrote on Monday, March 31, 2008 - 03:56 pm:I wish to buy in closer to ~30c
personally want to see it stay above 35.Goes back to 30?signifies day trippers/get out Long Termers?
It was a visible Gold drill that did it for today.Seems though that UnderGround Mining Potential Requires Visible,High Grade "stuff".
Is this Announcement going to attract Serious Big Money Holders or is the rise to be frittered away back to the 30cent starting/Pre News price?
cheers.
Even 'til Jaded.
Dig for the sake of it.
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tryhay
Member
Username: tryhay
Post Number: 984
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Monday, March 31, 2008 - 03:34 pm: |
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Ohhhhhhhhhh ok then ~ I was not aware of the announcement dug. From a wider perspective I expect our market to be down and the US chart is not very attractive lately: the leading indicators look poor and the lagging indicators are flattening out (and our market ain't far behind).
If not 30 then hoping for a flag/pennant to buy in. Like the ore bodies around hill end/bathurst ~ still plenty of gold in them there hills.
Happy trading DYOR
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dug
Member
Username: dug
Post Number: 3019
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Tuesday, April 01, 2008 - 02:09 pm: |
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not aware of the announcement,hey tryhay.yet you previously came in making the call that HEG is moving with a rider/proviso of you'd buy HEG if it fell back to where it blessed well started from ie 30 cents.
I despair,tryhay.Are you still welded on to the idea the chart says it ALL?No Need to reason Why?You just want to be alerted by some piece of spagetti indicators to Get Ready but then Pick Up at the Price ya Coulda d'previous day if ya woulda known the Rise was on d'GO!!
tryhay you're at threat of falling into the msparks role now he has gone to All Bank Interest.It's a GO when it Breaks Out,Tryhay.NOT when/if it goes wallow again.
I bought some with a 35 Stop.
Why? because 35 was YESTERDAY's VWAP.All that Volume at all that percentage Rise was half sold at or above 35 cents.A hell of a Lot got sold at that price 35+ in fact over 450,000 by the Averaging method of price to volume.etc,blah,waffle what on earth is this dill,dug rabbiting on about,hey tryhay.
I'm thinking the Market is different NOW.It's not coming back anytime soon to the Halcyon Days of jumping around,money hand over fist.
Stock Picking,tryhay, buying the Index/a dozen penny shares all over the shop is on d'Decline.
I say that the days of Purely Chart Reference ONLY is similarly passe.
JMV,IMHO.
cheers.
Even 'til Jaded.
Dig for the sake of it.
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tryhay
Member
Username: tryhay
Post Number: 989
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Friday, April 04, 2008 - 05:52 pm: |
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Hello dug,
I would have responded earlier but have been away.
dug wrote on Tuesday, April 01, 2008 - 03:09 pm:not aware of the announcement,hey tryhay.yet you previously came in making the call that HEG is moving with a rider/proviso of you'd buy HEG if it fell back to where it blessed well started from ie 30 cents
That is because the chart often times does reflects what is "known" about a share~ and the announcement comes out the next day cause them in the know were acting on it....! Yes dug I do not get the calls I make on shares right all of the time dug, but I'll leave it to others to judge your calls...
I do not recal msparks being a "stock-picker' in the weekly competition, but if you want to say I'm the same then go your hardest!
I can only call it how I see it:
tryhay wrote on Monday, March 31, 2008 - 03:56 pm:Increase in price & volume today
~ you trying to tell me that an increase in price & volume ain't normally followed by perk up in chart?
Furthermore, the chart below suggests to me that HEG is retesting the breakout (on lower volume), and is ready to pop ~ so much so I'm gunna pick it in the competition. So it didn't come back to 30c (boo who) but 32 is a better buy point IMO).
I don't know whether you see it dug but your rabbitting on about VWAP is just as dogmatic as one pushing TA - whether you like it or not I think there is room for both; unless you want to get out of town by sundown (you better hurry cause it is pretty close here)
Chart for them who is interested: Them vegies are gunna grow pretty tall!
(Message edited by tryhay on April 04, 2008)
Happy trading DYOR
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tryhay
Member
Username: tryhay
Post Number: 995
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Friday, April 11, 2008 - 10:10 pm: |
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Pressure building up here dug, not to mention 5 Price Sensitive Company Announcements recently.
Our market may be down this coming week and so 34c is on the cards ~ time to buy in when that happens IMO. The other rider is gold looks like copping a hard time.
HEG Daily chart: Looks to have formed a base & heading higher ATM.
Gold Chart: Retrace to $850 occurring?
Happy trading DYOR
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tbreak
Member
Username: tbreak
Post Number: 145
Registered: 06-2004Rating: N/A
Votes: 0
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| | Tuesday, April 15, 2008 - 12:07 pm: |
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Thanks for finding these stocks for me 
You might be interested - I have had HEG market depth just sitting on my screen for a while now. Today is the first time I have notice a few small orders for 153. There is about 18 of them at the moment. 
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tryhay
Member
Username: tryhay
Post Number: 1000
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Tuesday, April 15, 2008 - 12:52 pm: |
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Well done dug - you finally convinced me to buy in today (even if it didn't fall back to where it blessed well started from ie 30 cents). Sounds like an uncle of mine who used to threaten to "Skin you alive son".....
It is a small toy holding, but if it continues to respect the support & perhaps even breaks out of resistance then top up time will be on the cards ~ is you still holding?
Yes, noticed that too Tbreak ~ dug is the "autobot" expert on this site. It has something to do with buying into the share at a desirable price + keeping the price under control (sounds like it should be illegal ~ but then again so is everything else that is fun, streaches the envelope)
(Message edited by tryhay on April 15, 2008)
Happy trading DYOR
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dug
Member
Username: dug
Post Number: 3035
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Tuesday, April 15, 2008 - 03:00 pm: |
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no,tryhay got back out on the return to 35.Didn't like that Gap back then and was relieved to get out Break Even.
Ohhh when are the Days of Rising Threes gunner return?You see them still but very infrequently and the trend just fizzles out.
Not too good a reaction to the photo of the 130oz gold chunk in HEG.Don't tell me,tryhay you still don't read announcements right?It said they got 130 oz out of 70 mil Tonne processed.For an UnderGround Mine that's not too flash a result[2oz/tonne]but it was only a experimental run.
Yet it didn't bring in the Pilgrims,cause 35 Resistance to get broke.Tryhay,the Money ain't flowing into Gold Stocks.Same non event happened with IGR recently.I reckon d'Gold Bugs have long ago exhausted their money.All locked into their picks and are Stuck with 'em.Living on Hope of Financial System Melt Down doing d'Boost for their declined shares.Check out NAV for pitifulness.
So all this work/differentiation of performance of Junior Gold Shares still hasn't found me something that's Happening.Just a few shares that are holding up better than the rest[HEG,IGR,maybe ALK]
T/break you got any other sector ideas for this Methodology to be Applied to?
cheers.
Even 'til Jaded.
Dig for the sake of it.
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tbreak
Member
Username: tbreak
Post Number: 146
Registered: 06-2004Rating: N/A
Votes: 0
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| | Tuesday, April 15, 2008 - 03:40 pm: |
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dug wrote on Tuesday, April 15, 2008 - 03:00 pm:T/break you got any other sector ideas for this Methodology to be Applied to?
He He He, You made me laugh. No not really but I think the wife uses it on the credit card. 
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tryhay
Member
Username: tryhay
Post Number: 1004
Registered: 09-2005
Rating: N/A
Votes: 0
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| | Wednesday, April 16, 2008 - 08:16 am: |
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dug wrote on Tuesday, April 15, 2008 - 03:00 pm:Didn't like that Gap back then and was relieved to get out Break Even.
well done but you now got to decide when to re-enter
dug wrote on Tuesday, April 15, 2008 - 03:00 pm:Ohhh when are the Days of Rising Threes gunner return?
I think you is looking at them dug, .... (soon to be)
dug wrote on Tuesday, April 15, 2008 - 03:00 pm:Don't tell me,tryhay you still don't read announcements right?
I sure read them dug cause they have an impact on the pilgrum and the wider market (even though the chart can show the break before the pilgram sees it)
dug wrote on Tuesday, April 15, 2008 - 03:00 pm:So all this work/differentiation of performance of Junior Gold Shares still hasn't found me something that's Happening
That is because the pointy heads have been selling gold to make some money (but I accept the connection between gold price & share price can be tenuous at times) ~ but it just may be time to ramp gold & share price up right about now.........
dug wrote on Tuesday, April 15, 2008 - 03:00 pm:ideas for this Methodology to be Applied to?
The only methodology I know works is bottom up approach to stockpicking ~ and I know it is pretty pedestrian at the best of times (but takes less time than full analysis of sectors...
Anyhow dug ~ have a winfield, not to mention a good day
Happy trading DYOR
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dug
Member
Username: dug
Post Number: 3036
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Wednesday, April 16, 2008 - 09:51 am: | | |
