NSM - Northern Star Mining - Page 68

Just think, those poor souls in the PP were locked in until today. The last tree days look like a reversal to me; however, I expect another run at $0.85 and with the sell-off to cover the warrants still on-going, IMO, the odds *look* good.

Sep 23/06 Sep 21/06 David, Michel 10 - Acquisition in the public market Common Shares 1,000 $0.870

Sep 23/06 Sep 21/06 David, Michel 10 - Acquisition in the public market Common Shares 2,000 $0.880

Sep 23/06 Sep 15/06 David, Michel 10 - Acquisition in the public market Common Shares 5,000 $0.960

Sep 21/06 Sep 21/06 Silas, Richard 10 - Acquisition in the public market Common Shares 10,000 $0.840
Sep 11/06 Sep 08/06 David, Michel 10 - Acquisition in the public market Common Shares 3,000 $1.140

Sep 11/06 Sep 08/06 David, Michel 10 - Acquisition in the public market Common Shares 3,000 $1.160

Sep 11/06 Sep 07/06 David, Michel 10 - Acquisition in the public market Common Shares 3,000 $1.250

As was pointed out earlier, NSM seems to follow the general movements of the venture. With gold continuing to drop and the venture potentially finding some more short term lows, I'm on the side lines temporarily. I do like that buying - nice to see insiders supporting the price.

Now I've seen everything.

New Appointements for Britannica

MALARTIC, QUEBEC, Sep 26, 2006 (CCNMatthews via COMTEX News Network) --
Britannica Resources Corp., (TSX VENTURE:BRR)(PINK SHEETS:BRRRF) is pleased to announce that Mr. Jonathan Awde has been appointed executive vice president and director.

Mr. Awde graduated from Acadia University with a Bachelor of Economics in 1999. He became a licensed Investment Advisor and U.S. proprietary trader in 2000, and has completed the Canadian Securities Course, the Conducts Practice Handbook and the Traders Training Course. In 2004 he completed the Company Directors Course through Simon Fraser University.

Over the past few years, Mr. Awde has been a business and financial consultant to public companies, specializing in the exploration and mining industries.

The Company is very pleased with this addition to the management team that will allow it to strengthen its business and financial expertise and practices.

Britannica has compiled a significant portfolio of exploration projects centred on the Blake River/Destor-Porcupine horizons, important base metal and gold-bearing structures that include (among others) the following past producers or mines are: Laronde Agnico Eagle, Doyon, Bousquet, O'Brien, Kawagama and others in Quebec; and Dome, Hollinger, Porcupine and others in Ontario.

Britannica now owns and/or controls 10 properties and 3 option/joint ventures agreements comprising over 11,000 hectares, all in areas of favourable geology and/or known mineralization.

Exploration work continues, with focus on the Revillard project, where a new surface gold discovery has been recently announced. (See P.R. July 18th and August 19, 2006)

The Company continues the exploration activities and further results will be released shortly.

ON BEHALF OF THE BOARD

Lee A. Balak, President

SOURCE: Britannica Resources Corp.

Britannica Resources Corp. Lee A. Balak President (604) 925-0716 (604) 925-0746 (FAX) www.britannicaresources.com

Awde...err, odd indeed.

The gold seem pretty strong right now also, the dollar is gaining according to the currencies i compare it to, but the gold don't want to fall anyway. How do you see the technical for gold in the near future, Umpulong? Good or bad? Oversold i guess, but the thing is more complex i understand even with the technicals.

Hope NSM will gain some ground, must say that also because that is what we mainly should discuss in here, i personally have lost some money on this, my average is about 1$, but i hope that i soon will recover. I asked about gold i guess in this thread, because i read that NSM right now goes in the direction that TSX does, and i guess that also include the price of gold.

381k cross around 12:15...bring me volume or bring me, err, death.

You want to see Odd, look at BRR's chart.

kobe, what do you mean by odd when refering to the brr chat? just curious?

Gaps, leaps of faith and lapses of reason, that is all I see in that chart.
Look and see. Made me begin to have some glimmer of doubt in my absolute favourite, NSM, (all in less than 12 months. ) Anyone else see what I see, or should I get into palm reading and out of stock chasing...

ah , time to take a break from the madness of this little game some call investing.

Hey guys, I've been following along with this thread for a while but I am new to the forum. I've been doing some reading on Norther Star and It seems to be well grounded company with good future. I also just recently bought into this company, hoping it will make a move up soon. All the signs are there, that the correction is over and it should bounce back up

Nice chart work you do Ump.
I am not as optimistic about the Venture Exchange, as you are, but appreciate your efforts to share your accumulating knowledge.

I read once that one should "observe the market as if you have no committment to a particular outcome." Every time I step back, I make better choices.

Last week I got too close and emotional decisions based on hype from some of the best on the other board,moved me to buy. Not a fatal decision. But not a good one either. In the charts lies the truth. If we only look and see
Keep up the good work friend.

Kobe

NSM firming up support between 0.85-0.95 which is a good sign.

I'd like to add to Ump's always excellent TA insights.

Notice how this played out in the June low. RSI bounced off of 30 and it proceeded to head significantly higher.

Furthermore, it bounced at exactly the same support level as well.

Indicators definitely turning bullish here. It may briefly retreat below .90 again but I strongly doubt it will break below support.



TZ

TotalZen has highlighted a 4 month double bottom. Holding it would be a strong indicator. Kobe, I'd like to refer to myself as cautiously optimistic. ;-).

Yes it certainly goes without saying that a stop-loss should definitely be used nonetheless. Somewhere in the high .70's would be reasonable.

TZ

Did "they" just walk the pps down for that MGI cross to go through?

14:24 0.840 280,000 -0.040 MGI Securities MGI Securities
14:13 0.850 3,500 -0.030 Canaccord MGI Securities
13:52 0.850 5,000 -0.030 TD Securities MGI Securities
13:47 0.850 1,500 -0.030 Scotia MGI Securities
13:36 0.850 6,500 -0.030 E*TRADE Sec. MGI Securities
13:26 0.880 200 OLT Canaccord Union
13:26 0.850 3,500 -0.030 Questrade MGI Securities
13:23 0.860 500 -0.020 TD Securities TD Securities
12:41 0.860 6,500 -0.020 Scotia TD Securities
12:38 0.860 2,000 -0.020 Scotia RBC

Looks to be that way...

Yes, the stockhouse poster is correct i am afraid, and what he wrote at stockhouse is exactly what Mr Taylor wrote in a newsletter to his subscribers this month. Furthermore he don't explain it any further why he is selling NSM, it's just the words the poster uses at stockhouse, nothing more to it.

I think it's pretty clear:

Although I said on ROBTv on September 25 that I thought both Madison Minerals and Northern Star still have upside potential from here...Clearly, these were not the optimum times to sell these two stocks, but a profit is a profit and we will take it.

Jay Taylor is not a technical player--he bought back in 2002 or 2003 before the first run to $1.10 and is now recommending on the verge of deep drilling results? Good work Mr. Taylor!