RE:RE:A rather muted day todayI agree. The stock is currently sitting right on the 200 day MA here @ $.90-.91cts.
We could see a catalyst at any point in time to break us out of this trading range.
Drilling continues to do very well...a number of new analysts are picking up the stock
and recommending it with targets anywhere from $1.50 to $2.50 12 months out.
$SIC.v has brought in a lot of attention of late with its most recent discovery...drilling
results are expected as early as this week for the 2nd phase of drilling there.
I'd watch for something to happen here over the next month of two. We will most likely
see a major take a huge investment in $MOZ.t or just outright buy it. Nowhere else will
you find a 4.3million ounce property like this (maybe B.C. Golden Triangle). That has
been the one getting most of the attention in recent years...but that could change this year
with SIC.v doing its thing and MOZ.t onto something huge here.
This stock is dirt cheap right now and if gold goes anywhere near $1,350-1,400 lookout!
See you on the tape!
CdnxTracker
Follow me on Twitter @CdnxTracker