PUR 0.00% 0.3¢ pursuit minerals ltd

PUR's "Julimar Discovery" in Calingiri East?, page-1897

  1. 2,405 Posts.
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    I have been having so much fun over at DEV it is hard to focus on anything else...
    PUR has broken out of a small consolidation pattern but looks a bit lost..
    There is a lot of gaps below but it seems to be where DEV had been for the last 5 months...
    Before breaking out last week big time...

    And that is in a sideways consolidation pattern...
    DEV formed a falling wedge pattern and then a much larger Symmetrical triangle...
    The falling wedge reached its target a few days ago and the larger Symmetrical triangle is heading towards it at 0.555c now 0.49c....

    PUR could trend sideways until Mid July until it finds a direction...
    Good assays from CPN will certainly help but at present it doesn't seem to be getting any help from the visuals at present where as DEV is on fire nearly 150 million mkt cap with the additional SOI...GL

    Hope you don't mind me posting a DEV chart on the PUR forum but it shows what happend when there is a solid break to the upside...note the targets being reached on the falling wedge and then the explosive move higher out of the larger triangle pattern....

    pur 888.png

    DEV on PUR.png
 
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