Staring a new thread as I couldn’t find any for this stock....I normally trade using only monthly charts which has worked very well for me for the past few years even on penny stocks. VAN caught my eye because it seems to have proven resources of gold, but it’s enterprise value per ounce of gold reserves seems extremely low compared to others like DEG, BGL etc...the attached chart is my source for this data (could be a bit dated and not sure of its authenticity as I got it off another HC post). Coming back to chart based predictions, I started looking at daily charts to spot a reversal to the upside early rather than wait until the end of the month to decide if the trend has changed....and VAN could have started the uptrend and could be headed to double digits in 2 months time....it needs to cross 9c hurdle and if it does, then over 10c is likely a sure shot.....end of the month closing price will tell me if my prediction is right. Any other chart gurus have a view please? My chart that I used to come to this conclusion is attached
VAN Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
