Getting close to 30 DMA so if it can break through 14c next target would be 16.5c which previously failed-
could get interesting next few days from a TA perspective
the 60 DMA is sitting around 18c and if it breaks 20c that would be short term resistance which would signal BREAKOUT!!
Either way you look at it ACB is poised to be a near term producer by end 2014. Not too far away and lots of potential news coming our way- i am buying for the L/T as this out of any other stocks is way undervalued based on pound in the ground - apparently the market cap should be around 300 million and cost in ground is only valued at 10c/lb compared to peers- Just let me confirm that with management for you
MMM
ACB Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held
