Stocks currently posed for a significant swing up.
Incoming Catalysts:
- Blowhole Update + Fiesta Assay Results (5 lots I believe)
- Blowhole Assay Results
- Dorbadis Settlement ($1.2 mil)
Currently siting at less than $3.5 million market cap - with directors heavily invested and an already proven 10 megaton JORC.
The main point of resistance would sit around the 8-9c mark; MCAP at that price would still be reasonable and undervalued.
- Technically it seems like we were in a descending channel most of this year (Mar - Sep)
- Since August has been a falling wedge (which is generally bullish - especially with this sort of setup and at 1cprice).
--- Difficult to keep maintaining this price decent with a stock like this, if the general market sentiment keeps improving or we get a hint of any good news, setup is primed for it ---
Happy for people to debate and share points - will be looking to grab any shares sub 1c swiftly over the coming days and weeks.
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