Savary Gold SVVYF

Metals & Mining Industrial Metals & Minerals

"Savary Gold Corp is a Canadian exploration company. The company operates in the operating segment of acquisition, exploration, and evaluation of properties. The group is focused on the exploration and evaluation of its Karankasso gold project located in Burkina Faso, Africa. The property includes five exploration licences totaling around 688 square kilometer."

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Post by FratzyBottFishon Apr 15, 2016 7:45am

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Post# 24769905

That’s where the Co need to show us something…

That’s where the Co need to show us something…

Both technical patterns turn out to be good signals & both breakout.
We've tested 1st level of our seasonal & past year’s resistance (10¢ to 11.5¢) & now in consolidation mode, with fading volumes.

   SCA bigger challenge (technically speaking) is just in front of us the (10¢ to 11.5¢) resistance line builds in past years. That’s probably where co fundamentals and Gold price could impact more.

As of yet nothing came out of Co (no news & no insider buying) and Price of Gold in consolidation mode. So a wait & see.

   What I like is SCA is on a triple bottom with latest on «higher low» from previous bottom.

That’s where we stand for now technically speaking.

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