Opinion...

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Goldstar40

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Opinion...

posted on Sep 23, 2009 11:16AM

If NOT can close above $1.94 today next stop will be $2.11

$2.11 is the only significant resistance point in the short term...then $2.50

The close above $1.80 yesterday completes the double bottom reversal so $1.80 now becomes support.

"Price Target: The distance from the resistance breakout to trough lows can be added on top of the resistance break to estimate a target. This would imply that the bigger the formation is, the larger the potential advance."

$1.71 - 1.81 so target increase was a mere .10cents.

Hmmm...blew thru that is am, good volume as well, very nice indeed.

Makes $1.91 todays support and triggered buy/long recommendation to anyone using technical scanning software.

Looking pretty good in my view.

GS40

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