LCL 0.00% 1.1¢ lcl resources limited

Fathom target at Chuscal, page-13

  1. 6,494 Posts.
    lightbulb Created with Sketch. 1805
    This has been an exciting surprise of a company, after pdi didn't think
    I'd see another similar type of massive re-rating for a Goldie this year!

    A Daily Chart analysis, looking good with a Tweezer Bottom formed last
    week, bouncing off 16c twice and on low volume.

    A Pennant Flag forming, with the share price coming to a nice pinch,
    once it coils enough, the breaks will be released and with further drill
    results to come, there's catalysts to send this on another run.

    What I like most is the huge $10m cash put up in the CR and in
    current markets that's a lot of cash to get out of investors.

    Based on the Flag pole, a target of 32.5c

    See how things go!

    https://hotcopper.com.au/data/attachments/2490/2490582-08a91e7001b9d1dcb00d25ded2c40636.jpg

 
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