Recent Weakness in Iron Ore companies

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Recent Weakness in Iron Ore companies

posted on Jan 19, 2013 12:36PM

Too early to say if this is a pullback or resumption of trend IMO, am thinking pullback, but won't know until we see how they handle any bounces from here on in.

Two Month:

http://stockcharts.com/freecharts/candleglance.html?ADI.V,ADV.TO,NML.TO,LIM.TO,CHM.TO,FNC.V|B

Six Months:

http://stockcharts.com/freecharts/candleglance.html?ADI.V,ADV.TO,NML.TO,LIM.TO,CHM.TO,FNC.V|C

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