Kootenay Silver Inc. V.KTN

Alternate Symbol(s): KOOYF

Metals & Mining Silver

Kootenay Silver Inc. is a Canada-based exploration company engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. It is focused on the expansion of its silver resources, new discoveries, and the near-term economic development of its priority silver projects located in mining districts in Sonora, state and Chihuahua, state, Mexico. Its projects include La Cigarra Silver Project, La Negra Silver Project, Promontorio Silver Resource, Columba Silver Project, and others. La Cigarra Silver Project covers over 18,000 hectares (ha) located within a mineral belt in the state of Chihuahua, approximately 26 kilometers (km) from the silver mining city of Parral. La Negra Silver Project is situated about seven km north of the Promontorio Silver Resource within the Promontorio Mineral Belt, in the state of Sonora, Mexico. Promontorio Silver Resource is situated on the Promontorio Mineral Belt Property that includes the La Negra silver discovery.

TSXV:KTN - Post by User

Kootenay Silver Inc.

Bullboard Posts

Post by TAPickson Oct 04, 2010 8:18am

328 Views

Post# 17524291

Broke down trend

Broke out of down trend last week and as posted a 5/20 Golden Cross on Thursday. However it closed the week at what is now support (at
.52). Volume indicates that the stock has been accumulating for a few weeks and its 26% gain before pulling back could very well be profit taking. This is one that I will be watching early this week as it may well surprize us. Indicators have turned upwards last week on high volume and could continue to move upwards. Entry at
.52 would be the aggressive play with an initial target of
.60 for gains of 15.3% followed by the 200 SMA line hovering above at around
.69 for gains of 32.6%

See chart here.

Bullboard Posts

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