Nebu Resources Inc.

August 10, 2009

Today I'm looking at Nebu Resources Inc. (Public, CVE:NBU)

Chart








All technical indicators are pointing in the right direction making this a favorite short term gainer in the coming days.

They just released some news about financing and an update on their exploration in the west timmins area.
The article can be read here

We've had a large pullback today so around 0.14 might be a good entry point into the stock.

Aug 24, 2009











The chart is still bullish and I'm looking for a continuation of this uptrend.

Aug 30, 2009

Position closed at 50% profit. For those still in the stock, the chart still looks good but taking your initial investment out (or a percentage of) and leaving only your profits running might be a good idea.

Rating

Alert brent crude oil

Chart courtesy of: Market club tools for the trader

You can short the Brent crude oil now at around 71.1.

It has made several lower lows, so the short term trend seems to be down. Also Brent crude oil is around a resistance now.

Watch out because the longer term trend is up so if you have a nice profit, just exit the trade.

66.75 may be a target, so around 6% can be your profit if all goes well. With some leverage 30% is doable but I would begin to think about exiting the trade around 15%-20% so that the trade does not backfire.

Entry: 71.1

Rating

Mega Silver Inc.

We've had SNS, Sabina and now we have Mega Silver Inc (Public, CVE:MSR).
Pure coincidence...I think?

This one I like right now for a number of reasons.

First we take a look at the chart









I'm looking at the price before there was even mention of the merger with Skybridge. The report about the merger you can read at marketwire :

Shareholders Approve Business Combination Involving Mega Silver and Skybridge

Looking at the stock back then, we were trading around 0.74
The merger took the stock up to around 1.15 and from their it went down to 0.66, that was the 8th of june.
We've hit that low again july 30th.

Now with the latest news released just friday things are looking up again for Mega Silver.

Mega Silver Advances Gold Projects in Red Lake, On., Silver Projects in Keno Hill, Yt., and the Blue Caribou Copper Project in Nunavut

Mega Silver is pleased to announce that it is drilling on two of three high grade metal projects in Canada.

Very pleased about that news. Not only about the fact that they're drilling two out of three highgrade metal projects but also about the fact they're also doing it in Red Lake, known for its large gold deposits...and also the place where Goldcorp made its name.

If you're thinking about investing I would suggest keeping the 0.66 as a guide to know when to get out if things do not work out, if things do work out start taking profits before it reaches 1.00

I'm expecting this one to put on a few points on monday.

Rating

Sabina Silver Corp.

Sabina Silver Corp (Public, CVE:SBB)

About :
Exploration company, they are now mainly focused on their Hackett River silver-zinc project in Nunavut in the Canadian Arctic.

Now this one I really like. Good chart, strong upside potential.








Like the MACD, like the RSI!

The charts and news combined are both in favor of this stock making a short-term uprally.

Sabina Silver Announces Significantly Improved Recoveries From Hackett River Metallurgical Results

Really good news.

I think on monday we will see a continuation of fridays action. It wouldn't even surprise me to see this stock make a shortterm rally.

Rating

SNS Silver Corp.

I'm looking at a possible new trade. Risk is higher so if you decide to invest my advice would be to only use a small portion of your finances.

We're looking at SNS Silver Corp (Public, CVE:SNS). (SNS) which is a Canada-based company engaged in the exploration and development of mineral properties.

Looking at the chart we had alot of sideways action around 0.10
MACD might just do a crossover.









Latest news was about a private placement Aug 7, 2009
http://www.marketwire.com/press-release/Sns-Silver-Corp-TSX-VENTURE-SNS-1027655.html

announces a non-brokered private placement of up to 10,000,000 units at a price of $0.10 per Unit, for gross proceeds of up to $1,000,000. Each unit will consist of one common share and one non-transferable warrant. Each warrant will be exercisable to acquire one additional share for a period of 24 months from closing at an exercise price of $0.20. The proceeds from the private placement will be used for completion of the scoping study on the Crescent Mine and for general working capital purposes. Funds raised may include up to a 10% finder's fees in cash or shares.

Rating

T-bond update

Chart courtesy of: Market club: tools for the trader

The t-bond rapidly declined to 114.85 almost in a straight line and ended at 115.25 Friday. A 0.83% decline in one day. So far so good.