BLR - Black Range Minerals

[Wysiwyg]

It does clarify things, many thanks.

Does your name mean anything in particular??

PS I have asked Yogi in OZ to give us an astro update.

It is a word I found net surfing and is pronounced Wizz-e-wig.What You See Is What You Get. I`m not a desktop publisher though.Only part of my philosophy on life.

Happy Christmas and merry new year....bye.

WYSIWYG

Pronounced WIZ-zee-wig. Short for what you see is what you get. A WYSIWYG application is one that enables you to see on the display screen exactly what will appear when the document is printed. This differs, for example, from word processors that are incapable of displaying different fonts and graphics on the display screen even though the formatting codes have been inserted into the file. WYSIWYG is especially popular for desktop publishing.

 

[chris1983]

My opinion is that we will see a move towards 8 very soon, within one week.

Why? How is this justified Jemma? Is there news coming out within the week? Isn't this a ramp Kennas. Just got home..and I think you should inform Jemma on the rules with making price targets.

Thats just like myself saying I can see Bannerman at 2 dollars within the week and yes its very possible following the charts but I know you may pull me up for making a statement like that. I can see 8 cents is very possible..but its still a ramp.

 

[Joe Blow]

Why? How is this justified Jemma? Is there news coming out within the week? Isn't this a ramp Kennas. Just got home..and I think you should inform Jemma on the rules with making price targets.

Chris, Jemma seemed to be saying that BLR would make a move towards 8c based on recent price action. A look at the last week of trading (see chart) do show a definite move northward from around 6.5c to a high of around 7.5c with some increased volume and a little slippage in the last couple of days. My interpretation of Jemma's comments is that the move towards 8c would be a continuation of this recent upward trend.

 

[chris1983]

Chris, Jemma seemed to be saying that BLR would make a move towards 8c based on recent price action. A look at the last week of trading (see chart) do show a definite move northward from around 6.5c to a high of around 7.5c with some increased volume and a little slippage in the last couple of days. My interpretation of Jemma's comments is that the move towards 8c would be a continuation of this recent upward trend.

Thats fine Joe. That means anyone can find a stock with a continuing upward trend and predict a 10% increase in SP for the following week. Thats how I interpret things. I personally dont see much of an upward trend there and volume is not large enough to see anything changing just yet unless by luck a message comes out next week.

Im just trying to point out others have been picked up by predicting price targets without justification. I myself have not put a price target on a stock. But I dont see the difference in predicting a longterm price target such as what chicken and Ghosta has predicted in the agm thread of $1+ by next christmas when you follow the longterm trend and ongoing nickel prices and by what Jemma has said of a price target of 8 cents next week.

 

[Novski]

Perhaps Jemma was being optimistic due to the resemblance of a Head and Shoulders formation between May 06 and now. If it is and it breaks through 9c, this could be very bullish.

I was just looking at possibly selling before it gets smashed down from 8.5c again and then i noticed this formation.

Do others think this sufficiently resembles a Head and Shoulders formation?


Novski

 

[Caliente]

Hi, just wondering if BLR isn't on the cusp of a breakout?

The price action and momentum today was furious, right up to the close.

All going well, a bullish day tomorrow/.

 

[Sean K]

I think it broke out through $0.08ish. If it hold above $0.09 then no more resistance to all time highs.

Chris, I think the price targets Jemma gave before Christmas were based on support and resistance lines. See out discussion on previous page. After $0.09, next resistance previous highs at $0.11 ish.

Not sure where the H&S is though.

 

[Novski]

I think it broke out through $0.08ish. If it hold above $0.09 then no more resistance to all time highs.

Chris, I think the price targets Jemma gave before Christmas were based on support and resistance lines. See out discussion on previous page. After $0.09, next resistance previous highs at $0.11 ish.

Not sure where the H&S is though.

I still think it's there kennas, albeit a bit scratchy. Are you looking between the dates i suggested. And i think today is the response to the completion of the H&S.

I also believe it needs to hold above 9c.

 

[Sean K]

I still think it's there kennas, albeit a bit scratchy. Are you looking between the dates i suggested. And i think today is the response to the completion of the H&S.

I also believe it needs to hold above 9c.

Are you talking about an inverse H&S?

Target distance between head and neckline = $0.11?

 

[Novski]

That's the one.

The 'inverse' H&D is the only H&D that i am aware of from reading sources. I have noticed people talking about an upright one on this site, but i kind of assumed they might have misunderstood what a correct H&D is. Then again, i may be the one who is incorrect. I am going by S Weinstein's readings and a couple of others.

 

[Sean K]

That's the one.

The 'inverse' H&D is the only H&D that i am aware of from reading sources. I have noticed people talking about an upright one on this site, but i kind of assumed they might have misunderstood what a correct H&D is. Then again, i may be the one who is incorrect. I am going by S Weinstein's readings and a couple of others.

A standard H&S is bearish and indicated a fall in sp the distance from the head to the neckline.

For eg,

Check the chart of IRN.

(sorry this is in the BLR thread everyone, but just want to explain)

 

[clowboy]

HUH?

So is there a H + S? and is that bearish or bulish?

As usual another fast and hard run for no aparent reason?

 

[Novski]

Thanks kennas. I was not aware of this partiular H&S and it's bearish effects. I was only familiar with the inverse one and it's bullish effects.

Appreciate your explanation and sorry i couldn't post a chart. I am a bit of a computer duff. I'm on Mac too, so i'm not sure if i can download charts. Must learn though.

 

[Sean K]

HUH?

So is there a H + S? and is that bearish or bulish?

As usual another fast and hard run for no aparent reason?

Yes, and upright is bearish and inverse is bullish.

You'll find both descriptions in detail at this link:

www.stockcharts.com/education/GlossaryH.

 

[jemma]

I tried to help people about this stock potential but as usual just got bagged for ramping. Oh well, I bought in at 6.7 cents not that I need to make any more money, I am fully retired now. By the way if it breaks old high of 12 cents, look out.

Yogi where are you??You promised astro stuff on this??

 

[yogi-in-oz]

Hi folks,

Quite so, Jemma ..... and here's how it looks,
from this end:

05012007 ..... minor and positive ... finance-related?

15012007 ..... minor and positive news ???

16012007 ..... minor

19-22012007 ..... positive light on BLR

29012007 ..... significant and negative - finances???

02022007 ..... significant negative news expected.

19022007 ..... negative spotlight on BLR

21022007 ..... significant and positive .... finances???

16-19032007 ..... 2 significant cycles may bring some
negative news here ... ???

20-21032007 ..... March equinox should see a positive
spotlight on BLR.

10042007 ..... positive news expected here ???

12042007 ..... seriously negative aspect ... finances?

20042007 ..... difficult cycle here.

27042007 ..... minor and negative news expected

08052007 ..... minor and negative - finances???

11052007 ..... significant and negative news

15052007 ..... rally off lows???

21052007 ..... negative spotlight on BLR

29052007 ..... minor and negative news - test lows?

05062007 ..... significant and positive - finances???

21062007 ..... uneasy market here.

22-25062007 ..... June solstice brings another difficult
aspect, but leaning towards more positive market reaction.

November and December 2007 will likely be the most
positive months for BLR .....

happy days

yogi



=====

 

[jemma]

Hi folks,

Quite so, Jemma ..... and here's how it looks,
from this end:

05012007 ..... minor and positive ... finance-related?

15012007 ..... minor and positive news ???

16012007 ..... minor

19-22012007 ..... positive light on BLR

29012007 ..... significant and negative - finances???

02022007 ..... significant negative news expected.

19022007 ..... negative spotlight on BLR

21022007 ..... significant and positive .... finances???

16-19032007 ..... 2 significant cycles may bring some
negative news here ... ???

20-21032007 ..... March equinox should see a positive
spotlight on BLR.

10042007 ..... positive news expected here ???

12042007 ..... seriously negative aspect ... finances?

20042007 ..... difficult cycle here.

27042007 ..... minor and negative news expected

08052007 ..... minor and negative - finances???

11052007 ..... significant and negative news

15052007 ..... rally off lows???

21052007 ..... negative spotlight on BLR

29052007 ..... minor and negative news - test lows?

05062007 ..... significant and positive - finances???

21062007 ..... uneasy market here.

22-25062007 ..... June solstice brings another difficult
aspect, but leaning towards more positive market reaction.

November and December 2007 will likely be the most
positive months for BLR .....

happy days

yogi



=====

Yogi,

Many thanks for this, looks quote negative overall which is surprising.

 

[mickqld]

Does anyone know when its likely that BLR will have JORC results from the Cyclone Rim and Eagle projects? Does anyone have any firm opinions on the future movements of BLR. Being in JV with Uranerz I am a little surprised, considering the current climate, that the share price is not considerably higher.

 

[mickqld]

BLR up 10% on 7.5 million volume. Perhaps ann. imminent?????

 

[Novski]

After last weeks breakout from the Head and Shoulders, BLR has spent this week in pullback, but is finishing strongly today.

Next week looks good to me