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Rainy River Resources Ltd (RR.TO)

COMMENT
A penny stock that is participating in the action. The way you play this is, if it is going to go up from here, there is a spot at about $4 were you could put a stop/loss. If the volume picks up, then you can participate.
WAIT
Came out of a wedge formation in November, which was very good and have a major support. It broke out in November and is now forming another wedge. This is a good technical pattern, but wouldn't get excited about it until it broke out above the mid-$5’s.
COMMENT
There could be a rally. If you are long, sell into it. Wait to see if it can take out its old high. If you see other stocks in the same group rolling over, reduce your holdings.
HOLD
An interesting exploration play in Western Ontario. Geologically it looks very interesting, but not seeing the consistency in the drill results that he would like. Need more drill data.
COMMENT
Have come out with some pretty spectacular results and the stock has risen accordingly. Probably has more upside, but doesn’t know enough to give a strong opinion.
BUY
Getting some terrific results. Could be one of the great expiration plays in the Canadian scene.
HOLD
This is a stock that is kind of gliding under the radar screen. Thinks they really have something. Initial results have been pretty impressive. If you see more good results, buy.
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