Hi guys
Its a bit quiet at the TKM forum right now but I'd expect that to change in the near future with much anticipated drilling penciled in to start this month
check here for details
53580770 , ill leave it at that for the FA as I've created this thread for the Charting and TA enthusiasts.
Below is the Daily, the Bollinger bands are squeezed up nice and tight and the PA has been respecting the EMA200 and that sloping support line has this squeezed up into a contracting triangle/pennant suggesting this accumulation phase is very near the end and with drilling commencing within days/weeks I just cant see there being a sell off now, so (baring any Macro event in world markets) this is due to breakout upwards.
First target from here is to close above that 78.6 fib at 0.089 with volume, once were through there its 11c and then 17c that would give us a MCAP of ~$42m which given current peer valuations wouldn't be too exaggerated considering the pedigree of management here and their track record.
Have a nice evening guys.
