KRM a small cap gold miner
has been doing nothing for years.
price action showing a nice setup -
A triangle setup. still time to play out
but by the end of 2023, it will breakout
Im guessing to the upside as gold is looking
so strong (well the USD is collapsing)
take a chance, we will all die one day.
KRM hit highs several months ago, then dipped into consolidation and has now bounced again on good volume to hit 52 week highs again. The company has been in decent shape for a year or so, with cash in the bank, low PE (for mining), Price/Assets and Implied Growth ratios. Still only 45 Million market cap, KRM has room for further upside.
The green regression line has seen a lot of action. Likely, previous nominee holders..you know what I mean, or you should.
Disclosure, I have a tiny position at 3.5c, and will have scaling open positions all the way to 1c. Why? because I am a degenerate gambler with a high risk tolerance and a hedge against the previously posted DJI charts.
Inflection 2027, do...
KRM an Indonesia based gold producer has over the past few months formed a wedge indicating a potential reversal. With plans afoot to increase mine production a potential catalyst exists to move restore investor confidence.
