Petrolympic Ltd V.PCQ

Alternate Symbol(s): PCQRF

Energy Oil & Gas E&P

Petrolympic Ltd. is a Canada-based gold and lithium mining company. The Company is focused on its lithium exploration assets in the James Bay region, Basserode and Fourniere in Abitibi region as well as its gold exploration assets at Vauquelin and Rayon d’Or in the Val d’Or region, all in the Province of Quebec, Canada. The Li-1 and Li-2 Properties are in the James Bay - Eeyou Itschee area, approximately 125 kilometers (km) north of the town of Chibougamau. The Basserode and Fourniere Lithium Properties are in the Abitibi-Temiscamingue region, southwest of the Val d’Or mining camp, Quebec. Belcourt Property consists of 125 claims distributed in four blocks (Belcourt North, South, Central and West blocks), all proximal to one another and covering a total of 5,479 hectares. Its Rayon d’Or and Vauquelin Gold Properties are located within a gold mining camp in Northwestern Quebec. The Company also owns St. Lawrence Lowlands, Gaspe and Evangeline Lake Property.

TSXV:PCQ - Post by User

Petrolympic Ltd

Bullboard Posts

Post by sevushkaon May 22, 2008 12:53pm

339 Views

Post# 15099317

A lot of traders go only by charts

Yesterday we saw a black candle along with intercepting stochastics, which gave a definite SELL signal.

So if you daytrading PCQ, you sell this morning.

Given the imminence of rumored good news and Talisman announcements, it is would be unwise to sell at this point - when in a few days this price will probably seem like a great deal.

I still see small block retail selling and large block institutional buying.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload