DTR Charting Thread 2021

Dateline Resources: Dateline Resources Limited primarily engages in mining and exploration of gold properties in Australia, the United States, and Fiji. It also explores for copper, zinc, and silver deposits. The company owns interests in the Gold Links mine located in Colorado; Lucky Strike and Mineral Hill mines covering an area of approximately 350 acres; and Raymond and Carter mines comprising approximately 1,300 acres located in Colorado, the United States. It also owns an interest in the Udu project located in Fiji; Colosseum Gold Mine located in San Bernardino County, California. In addition, the company holds an agreement to acquire 100% interest in the Colosseum gold mine that consists of 83 mining claims covering an area of approximately 1,600 acres.

Market Cap at 11.5c = $43.9M
Shares On Issue: 381.78M
Top 20 Hold: 80.18% of shares issued
Cash On Hand: $9.32M or almost 25% of it's Market Cap is actual cash

Dateline Resources Reports Positive Cash Flow of $9.14m for the March 2021 Quarter

Attached below is a daily chart. Notice the 1st Green Day on 3rd June 2021 (Thursday) also had a news release. The spike on Thursday, 15th July also had news (yesterday). 2 different days with nearly identical price action,

therefore I am watching it for a dip as this is retracing on thinned volumes. Appears Top 20 Holders accumulating on both Thursdays for an overall swing investment move.

Technically speaking, DTR is on a breakout above the 200 EMA (long term investor moving average)

Attached below is a Weekly chart. Notice bottoming base with lots of volumes entering. A breakout of 200 EMA's is evident for a new uptrend to commence in my view.

Finally, a Monthly chart. Since GOLD is starting to trend up, bodes well for miners. This chart attached indicates strong volume entering technical breakout zones highlighting the possibility for a multi month move.



Sentiment is at a BUY ie as it's dipping, or as it holds support. Either way, I'm generally bullish on stocks that have 200 EMA's near the share price and trending on the way up. This will remain on watchlist.

IF Monday next week remains a small down day as per the pattern it put through 3rd - 8th June 2021, I would be keen to buy some more myself. Insiders have been selling small size into BIDS (Buy Side) so price action seems accumulative and deliberately driven lower for their accumulation tactics. 80% T20 Ownership

I'm personally not fearful of any potential shakeouts coming as the order flow seems apparent now, driving thursdays caught retailers to sell down into their very own buy orders haha! Classic Market Maker move

DISCLAIMER: I could be 100% wrong on all of this so DYOR

Also, HC fonts are playing up badly. Sorry for this messy looking post