Tischendorf Letter Issue 103 - March 30, 2010

Greetings!

I just bought: ANO - Anooraq Resources @ around 1.50

I originally intended to buy SWC - Stillwater Mining but changed my mind. I now see more immediate upside potential with ANO - Anooraq Resources. The stock looks like it will break out to the upside a bit sooner than SWC. We'll see what happens. Stop Loss @ 1.28 as breaching that level would invalidate the bullish setup.

ANO - Anooraq Resources chart on my public list:

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2791469&cmd=show[s195325249]&disp=P

Platinum Sector Overview Chart on my Public List including ANO:

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2791469&cmd=show[s189229775]&disp=P

A great way to support my work is to tell your friends and family. Thank you!

Positions:

ANO - Anooraq Resources

KIV.V - Kivalliq Energy

Best regards,

Olivier Tischendorf

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