Jangada is a great top invesment:
BoD aligned with shareholders holding most of the float
6p warrants due to expiry in October 2020
Have 26% of Volare Metals valued at around $5.5m for Jangada Mines
Valore Metals also own Pedra Branca PGE (great asset) & drilling over summer.
7 holes assay results to come back soon
JORC estimated resource
Above t-line - bounced off 200ma weekly at 3p
One of my biggest holdings - trade pot & core pot.
Finance deal on any of their assets will see this rocket. Happy to hold in 2020.
Nickel after retrace now on a upswing
buy triggers nailed last 2 times on chart. third time?
Bounce from 78.6 fibs & also previous resistance which becomes support
it should head towards 50% retrace line & hopefully brake it eventually.
Very bullish on Nickel in coming weeks/months/years due to EV battery metals rise
Feasability study is this month and as per their tweet they are excited and looking forward to releasing the results.
Nickel price is doing well and massive price forecasts for next few years.
Chart says it all.
Wave 5 started.
Today was a good day for HZM and we finally managed to make a move above 8ema & 20ma, hopefully we hold the 20ma and start moving to break the trend line and 50ma.
October is the catalyst for a Feasability study to come from Horizonte Minerals.
I believe the mcap should re-rate when we are closer and news drops.
Expect at least a target of 5.20+
This chart setup is fantastic, it seems that it respects the 50ma weekly (blue) since April 2016.
also holding the 618 fibs from last rise.
I bought in last week at around 4.15p as I like the chart setup plus the Feasability Study is coming up in a few weeks, around August I believe.
This penny stock every time it touches the 50ma weekly timeframe it bounces.
It has bounced over 7 or 8 times with one being a false drop below it over the course of 2 years.
For me the buying area will be 4p-4.05p if it lands.