Viewing Stock Pick for NIA Each week we profile a stock that we...

Viewing Stock Pick for NIA


Each week we profile a stock that we believe as a great chance to increase in the medium term (3 - 6mths).

These stocks are chosen by using a mix or our own reseach tools including Directors activity, the Nielsen Supply/Demand Indicator and broker consensus data.

These picks are designed as a starting point for you to investigate further if you wish. Make sure you come back each week to see what we have found.



Symbol / Company
NIA / NIAGARA MINING LIMITED
Date Picked
19-07-2006
Price When Picked
$0.400
Company Overview
Niagara Mining Limited is based in Perth, Western Australia. Niagara is a mineral exploration company which is listed on the Australian Stock Exchange and holds exploration interest in gold and nickel.

Niagara's main activities are towards the exploration and development of nickel mineralisation in Mt Windarra 260km NNE of Kalgoorlie. Windarra consists of two leases, and one main lease covering a total area of 70 square kilometres.

Niagara also has two exploration interests in gold mineralisation in Ghana, West Africa, both projects sitting in the Ashanti Gold Belt. The Dadwen project is situated on the Ghanaian coast and covers a total area of 42 square kilometres. The Tumentu project is situated directly north of Adamus Resources Limited Salman Gold Project.

The directors of Niagara have extensive knowledge and experience of the WA goldfields, exploration and project finance which will be utilised to maximise project potential and return shareholder wealth.
Nielsen Indicator Buying Level
twice as many buyers than sellers
Weekly Trend Analysis
Uptrend
Daily Trend Analysis
Uptrend
Short Term Support
30c
Short Term Resistance
48c
Director Activity
Date Director Action Volume Average Price Total Consideration
29-05-2006 Bruno Sceresini BUY 25,000 $0.305 $7,625

View Director Activity Chart
Graph

Top Bar - Stock Price
Bottom Bar - Nielsen Indicator