IBR iberian resources limited

Fundamentally, this stock is supported with its upcoming gold...

  1. 1,328 Posts.
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    Fundamentally, this stock is supported with its upcoming gold production program - aggressively accelerating into the second year!

    Technically, as can be seen below, we have an excellent chart pattern setup which should create some upward pressure on the sp. A break above the 90's resistance area could see a nice move into the mid $1 mark!!





    $USD is looking weak for 2007 which should add some influence to the upward momentum of the gold price - however, short term volatility is not out of the question!





    Happy trading!


 
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