Corridor Resources Trend Analysis.
Chart is courtesy of marketclub.
Corridor Resources Inc. is a junior resource company engaged in the exploration for petroleum and natural gas onshore in New Brunswick, Prince Edward Island and Québec and offshore in the Gulf of St. Lawrence and the development and production of natural gas in New Brunswick.
The Corporation has gas reserves in the McCully Field near Sussex, New Brunswick and has recently discovered crude oil reserves in the Caledonia Field, near Sussex, New Brunswick. In June 2007, Corridor completed the construction of the required midstream facilities to connect the McCully Field to markets through the Maritimes & Northeast Pipeline (M&NP).
Corridor's common shares trade on the Toronto Stock Exchange (the "TSX"), under the symbol "CDH".
http://www.corridor.ca/
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2 comments:
Another winner here.
Still a favorite to break the 200 MA.
Now at 5.40 and looking to add to that.
short-term, a bit resistance, not long, but after weak hands are out, up resumes. That is probably worst case. I expect this to go straight to 6.00
But then again, I'm probably being too bullish.
$5.79...
When this gets to 6.00 (either take some profits) or wait for the break out.
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