TAM 0.00% 3.1¢ tanami gold nl

Giant Flag could break soon? Gold stock, page-26

  1. 561 Posts.
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    https://hotcopper.com.au/data/attachments/1648/1648321-28054f9055f35c0f1aa183ce52e151fb.jpg

    Here's the composite chart.

    Interestingly, the POG spiked to 1440 on close at the LME - yet ***** are reporting a close of 1426 (ask) - that's New York, so Monday's action on the LME should see it taken down a bit, I figure. No way a $14 arbitrage will hang around, IMO.

    TAM closing on .049 - it bounced around - didn't it ? - hard to call next week, although there is a semblance of an ascending triangle there for TAM. On the flip side . it looks like real resistance @ .051.It was interesting to see other goldies on Friday - like Alacer, Saracen, Silver Lake - gap up really hard.

    I still figure that TAM will rock (I am biased with a holding of course) - but seeing those other goldies really go off, and TAM not doing so - makes me think that we need some game-changer news of some sort.

    All IMO, please DYOR.

    Go well all
 
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