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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: al

Re: al

in response to by
posted on Nov 22, 2007 03:32AM

Hi Bill,

I don't follow SRU but i do see its in a downtrend currently. It appears $1.30 should be major support, failure at that level and the next support level is at $1.20 SRU has just put in a double bottom so it could see a good bounce from its current share price of $1.32, however it would take news to see the stock break over resistance at $1.50 If I wasn't a current shareholder of SRU, I certainly wouldn't be a buyer right now. It looks like a sell from where I sit. But like I said, I don't follow the stock, so perhaps some news to right the stock is in the pipeline, of that I have no idea.

Al

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