Daytrading 18th August - Morning, page-112

As I posted just now on the NEN forum, it's a prime trading stock today, IMO. I always try and trade stocks that I wouldn't mind holding full time. An extract from the Southern Cross Equities Report:

"NEN has massive potential in its two Vietnamese
exploration licenses, verified by Netherland Sewell.
Our valuation now reflects two likely drilling prospects
in each of the blocks rather than one hypothetical in
each. This has raised our risked valuation from $0.46
to $1.20 and the unrisked value from $2.01 to $8.03.
The US assets underpin the current share price
making NEN a compelling Spec Buy."

This breakout might see us cover quite a bit of that distance to reach a substantially higher SP - this explosion in volume will expose us to more of the market as they realise what potential this gem of a stock has. I'm expecting a close well into the 40's today (if not higher).

All in my very own opinion, of course. For crying out loud, PLEASE do your own research.