Today, a few days ahead of the second quarter's earnings release, Louvem Mines advanced 12 cents on 30,500 shares.

The share's technical position on the chart has changed for the better. The great probabilties indicate that LOV is entering a new bull market. In early February of 2008 the Louvem shares punched through a declining 1000 day moving average line at .46 and signalled that the long bear market in its shares may soon be ending.

During the following months the shares have quietly declined from 65 and 68 cents highs to about the low 40 cent level but still right in the general area of this long term directional moving average line which at 42 cents has offered excellent support on small amounts of disressed selling.

Louvem's future appears greatly enhanced now that the long term 1000 day moving average is signalling the nearness of a new bull market.