Bhang Inc BHNGF

RE: The Girl Can CHART......She's GOOD

[deninsask]

She's been Charting us all along........kind of puts a real big damper on the bashers chart bashing strategy when you can pull up a quote from one of the best with 20 years in the biz.......again By Yola Edwards January 18/07 "My October technical analysis report on Pele, when the stock was trading at about 20 cents suggested a 70 cent target, but that was before the company announced its major uranium acquisition. Technically, the share price appears to have completed intermediate wave 1, which subdivided into five minor waves. Corrective wave 2 completed on January 12 at $1.24, and third week of the New Year has begun with an explosive advancing wave 3 which is characteristic of wave 3’s. The stock has advanced on bullish rising gaps which suggests underlying strength and the possibility of a continuation to higher highs. Wave 3 should complete at about $2.53, coincidentally the exact fundamental value subscribed to the stock by the report. The fifth advancing wave should rally to about $4.08. The stock is clearly trading at a discount to the NI 43-101 report’s fundamental value of $2.52 and the share price is not reflective of the report’s strong guidance of further potential increases in ore reserves. The company is not followed by any major brokerage firms and as such a select group of investors seem to be fortunate to have an undervalued and unrecognized speculative investment security in their portfolio. The stock should be considered a buy.