NCZ 0.00% $1.10 new century resources limited

Expectations, page-18

  1. 601 Posts.
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    NCZ have been busy reprocessing tailings from previous owners dams, and are still in search for the elusive high-grade tailings node. Unfortunately, management were probably banking on a rising Zinc price to make the operation viable, but so far, to no avail. Weekly momentum has been in a Bear trend for the past 12mths, with a couple of False BO's thrown-in for the true-believers, but they've been fake moves imo.

    Weekly momentum is currently DECREASINGLY BEARISH - due to the most recent False BO - and should return to INCREASINGLY BEARISH conditions on the break below the 61.8Fib retracement, and then on thru this years low at 0.62 over the next several weeks imo.. GLTA.

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Currently unlisted public company.

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