Hillbilly technicals

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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NevilleD

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Hillbilly technicals

posted on Aug 05, 2010 08:37PM

Looking at the charts and TA perspective (which saved my ass today in EAS and consequently made me money) I would conclude we should be heading somewhat higher. 1.40 is a 3 month resistance point and we broke that today with a 1.45 high. So based on past momentum (which is all you have to base postulations) we could see another quick 20% from here. All can change in a heartbeat with material info, but it's nice to imagine. It's a perfect world after all, right? LOL.