Expecting strong support between the 22 - 23c range. Likely to consolidate around this level before trading back up towards the top of the range as the drilling program in the VIC goldfields near Kirkland Lake gets closer.
Generally we see that gold explorers tend to have a lot of success on the first round of drilling particularly when there has been existing historical drilling. Easy to find gold where it's already been found...likely to get the market exciting and would think this would be a catalyst to push the price through the historical highs. Looking to accumulate more around these levels.
KZR Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
