http://clients.westminster-digital.co.uk/minesite/microsite/events/50/video/index.aspx?companyId=50_1
=">http://www.proactiveinvestors.co.uk/pdf/brr.pdf
http://www.mineweb.com/mineweb/view/mineweb/en/page35?oid=39359&sn=Detail
www.braemoreresources.com
http://www.investegate.co.uk/Article.aspx?id=200711010702217873G



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http://www.fsponline-recommends.co.uk/page.aspx?u=rhpsl1007&tc=ERHPCB02&PresentationsID=21147065172&
http://www.proactiveinvestors.co.uk/audio/img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=BRR&Size=460&Skin=BlackBlue&Type=2&Scale=0&Span=YEAR1&MA=&EMA=25;50;200;&OVER=&IND=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0">

http://www.resourceinvestor.com/pebble.asp?relid=38513
http://www.proactiveinvestors.co.uk/articles/art.php?BRR2
cyril

thanks teddybear I will wait a while longer before I decide.

Profit ??, is that when the little blue numbers are higher than the number I bort at ?

yes.

Mitzy: my approach is to take a profit when I can, especially if I reckon I can pick up stock again at a lower price than I sold at. Hence: sold yesterday, kept the profit, back for more earlier today - I felt that the price may not drop far below the 20p mark this time, having had news of that MOU that you pointed out couple of days ago.

Good luck, whatever you decide!

thanks Toya 20p seems to be the support for now.

I agree Mitzy, it does. That's why I bought back in today, below 20.50p, thinking I wouldn't get it much cheaper than that.

Toya whats the latest from rhps..?

I've no idea Mitzy - don't subscribe to it.

BRR attracted my attention from a TA perspective, simply because I wonder when a stock displays accelerated growth how far it will retrace. Accelerated SP growth is unsustainable, it has to take a breather some time. There are a variety of charting methods, speed resistance lines, Gann angles (plus a few more) most of which are a variation or interpretation of Fibonacci Retracements Levels. Basically Fibs act as support levels and are relatively easy to use.

On this screenshot I have 'drawn' Fibs and support was hit at 38.2%, a popular retracement level. Having recovered a little the SP is falling back once more, the question now of course is how far? Certainly the value of Fibs is as a stop loss position or a signal to initiate a trade; however do not take a long position just because a Fib level has been hit (catching falling knives) look to other indicators, especially volume to assess if a bottom has been reached.

On this particular chart the first retrace hit 18p (38%) and the recovery found support at 20p (23.6%) having made a lower high, volume has fallen off and if this level doesn't hold 16p is definitely on the cards (50%). Actually, this makes a lot of sense, chartists always say 50% is a good retracement level for an over-heated stock and with good reason, it normally represents a trendline drawn at 45 degrees, an accepted 'rate of growth'.

Make of it what you will :)

pth

not a lot - lol! ...... i think GANN uses different %, and when i get round to it, i'll look at the info i have.

Thanks pt its always useful to have a fibonacci viewpoint.

I think you will find Richard that although constructed differently Gann angles have a close corellation to Fib retracements (and extensions).

PT - thanks for the pretty chart and notes! Please excuse my ignorance (yet again!) but what is a "TA perspective"? Territorial Army? dont think so! Total Annihilation? - hope not! [Timing Algorithm, Think Attack, something Analysis??]

TA - Thanks Again
TA - ToyA

Your last suggestion ToyA was pretty close:

Technecial Analysis :) In t'other words 'charting'

Some where on this board is a TA thread I started some months ago, it's fallen into the doldrums cos I haven't been around to keep it alive. Some interesting comments on there from other posters, you may benefit from a quick shufti, then again you may find it a load of old tosh!!

Thanks A lot pt! :)

I did find some interesting websites that give endless explanations about chart analysis - fascinating, but looks like a lifetime's work to understand it all. I will try and get a bit of a handle on it though.

Toya ..... but never get misled into believing that charts are more than a very useful tool even though, because many follow, are suprisingly often self-fulfilling

Thanks for that proviso Cynic. Difficult enough to make the right decisions, without or without charts in any case!

I've been having a lovely relaxing day today, not having to think about what my shares are doing. How about you?

lot of fun golfing in the wind ..... now plotting the route for our (3/4 of us) cycling trip to Perigod next year

Perigord!!! I don't suppose you would reconsider & re-route via the foothills of the Andes? You could have a quick shufti at GOO's progress as well as getting fit! :o)

ToyA, Cynic and I have been round this particular buoy previously, he believes TA is no more than a useful tool, personally I believe TA has much greater value and utility. Yes it is self-fulfilling purely because so many peeps use TA. Actually if ye olde Cynic were to analyse his own investment decisions he would discover that most are based on TA. How often does he post comment re 25MAs, 50MAs and any other time frame MA? Quite a lot, hoist by your own petard Richard :)

MAs form part of TA, in fact when all said and done MAs are trendlines, the basic premise of charting.

You don't need to spend hours learning this stuff, just basic trends, support and resistance lines will serve you well when making decisions.