Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt

Recent Results Include 6.69% Copper Over 71.69 Metres and 3.74% Copper Over 21.77 Metres

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Message: Re: 52 week high (friday rule)
4
Dec 30, 2010 03:23PM

S&P coiled for 7 trading days single digit range hi-lo. B/O day Monday almost 20 pt gain. Copper up historical highs. VMS close at year high. Release of drill results imminent.

So far so good with upside probability high.

One strategy would be to buy gap up open with risk defined at about 0.45. The ideal scenario would see a halt after open pending drill results. Okay I'm dreaming here but say what if Sails delivered and......they were good......and HBM step out results came out shortly after. Bingo, bango, bongo!

Don't break out the champagne yet though - for some reason or another previous dreams have always been dashed. Quite a sobering thought.

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