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

You might be too cynical on this one cynic, remember Thermalite blocks ?, made from the waste product from power stations, the company that developed thermalite blocks were paid to take the waste away.

Theirs a lot of companies who made fortunes from coal slag heaps.
cyril

Morning Cynic: Tom Bulford also tipped TAN back in its early days.

Level2 looking nicely blue this morning: 21.25-22.00p

How did you know my wife was called coal?

Wow - glad to see someone's wide awake here!!

Nice, 176,000 long at 22p

Any mention inpapers..>

Not to my knowledge Mitzy.

Bit of a dilemma for me whether to hold or sell..

if your in profit take some mitzy nothing wrong with taking a bit of profit imo this wont start to take off untill 2008+

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.