Mate...I have had a truckload of BLK since 14 cents so a retrace of no concern. I think your TA is overlooking a most significant fact(s) which probably explains why with a 6% rise on Friday to .955 cents continues to make them one of the top performers this year at 500%.
You do realise they start production this month and have hedged the first 25,000 oz for $1700. Oh...at the diggers this week they also suggested looking at a PA 200,000 oz output...all with a third SOI of MOY.
I'll remind you of this post on Monday arvo
MOY Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held