Most copper mines are giant open pits where the valuable copper is surrounded by millions of tons of waste rock. Companies like Freeport McMoRan (FCX) dig it out of the ground, mill it into small particles, coat the particles in Portland cement to allow fluid flow, then spray sulphuric acid on top. Excelsior Mining has a rare oxide copper deposit that is below the...
TSX:MIN is forming a bullish flag on the daily chart after a brief rally. The last rally saw the price rise almost 0.20 or 21%. If price breaks out from the bullish flag the increasing volume may shoot the price to the target zone of 1.37-1.43, another possible 20% price rally. growing volume indicates possible strength in price momentum for the breakout to hit...
Nice bull volume on the recent rise in share price, suggesting to greater upside. Keeping the analysis simple.
Increased bull volume
Decrease bear volume on pullback following upside move
Fib ratios align with recent levels of resistance, now to be validated as support
RSI suggests a near term cool off, potentially right into the entry targets of target 1.05 -...
