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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: Former resistance now support

Former resistance now support

posted on Mar 18, 2010 10:34PM

I am no technical expert (and if anyone can give us some other technical analysis please do so) but we bounced off of important support 2 days ago.

If you look back to late Oct 2009 we hit resistance (at the time) of .79-82. then again in early Dec peaking at .81. Finally in mid Jan we broke through the .80 level and made a high of 1.13 intraday a few months later. This last pullback seen us come all the way back to the former resistance, which now is support at .81. And we held... Looks good to me.

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