NiHAO Mineral lifting of trading suspension

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DCL #5943: NiHAO Mineral lifting of trading suspension

This is with reference to Circular for Brokers No. 5869-2007 dated September 20, 2007, in connection with the subscription by Mina Tierra Gracia, Inc. of 475,000,000 common shares of NiHAO Mineral Resources International, Inc. ("NI") to effect NI's acquisition of the Botolan Mining Rights. NI, in reply to the Exchange's request for additional information on the matter, submitted the attached disclosure. The trading suspension implemented on NI shares was lifter yesterday, September 25, 2007 at 9:00 a.m.


NI = 16.5 (17.9%)

Great move by NI after the lifting of the suspension yesterday!

Disclosure: I bought NI twice yesterday.

Reasons why I bought: Good volume = beneficial change in ownership; crossed above the 130MA which will now act as a support level.

Support levels:
15 = 130MA
12.5 = previous resistance
11.5-11.25 = 32MA

Resistance levels:
17.25-17.5 = 65MA
23.5 = possible resistance, recent previous high

Good luck to all NI traders!

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