Short Term Trading Week Starting: 8th Aug, page-176

  1. 1,020 Posts.
    LEG monetised their IGO shares to give them circa $12.5m in cash/liquids for an $18m cap at 009, so <$6m EV gets you a Mark Creasy backed (30%) nickel copper gold explorer in Fraser... still in sleep phase, maybe ready to wake up soon

    RDM highest volume in circa 6wks yesterday after a sideways pattern and they've wiped a resistance level
    ERL looks like a cool backtest of breakout here, haven't bought again yet. thanks Jim for that one
    ABX looking for similar backtest
    these sideways patterns breaking upside - i've found a lot but not sure if they're proving themselves for long runs yet

    picked up some CZL for the 3rd time in support range again, might drop another pip or two, but big picture looks monstrous - look at 5yr weekly chart and the volume gone through since September

    @nambo1 see CXO tagged both sides of the channel i had drawn on Friday, will it take strong results to send it out of here not sure so have left it alone... but my other thought was it could be an inverse H&S with a very long R shoulder, similar to HZR back around 50... where the forks at ?

    and back to bios PNV chart I'm liking more and more with the tightening range, don't hold



    TSN my all time favourite in TH for preliminary cap raise for the option to acquire hopefully the remaining 75% of TSI (TSN currently hold 25% interest). not saying it will blow up tomorrow but look forward to the terms of the deal


    cheers
 
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