CZN Chart, page-2

I'm seeing the head and shoulders well and truly came true, sinking this down to the recent bottom lows we are seeing.

Now we are in the second half of the saucer bottom in the recovery stage - the basic theory goes you take the lip point (around the 2.6c mark), subtract the lowest point, 0.2c, and add that to the lip exit.

So I have a target price of 5c = $100m MC, for starters. That should take < 2 years looking at the chart pattern alone (ignoring any fundamental analysis of the stock).




With increase finds near surface, I suspect the chart will accelerate its saucer bottom exit quicker, especially with Nickel being white hot and getting hotter.

As a few posters have commented, nickel companies with comparable (lesser even) drill results (who don't have our soured history) are sitting around the $200m MC already, on hype alone.

Improved mining studies, continuing to prove up closer to surface deposits and this thing flies imho.

That's why I have entered with an 8m position this week.

Hopefully I've picked this correctly. The fundamental analysis and technical analysis seem to be matching up perfectly.