Solis Minerals Ltd V.SLMN

Alternate Symbol(s): SLMFF

Metals & Mining Industrial Metals & Minerals

Solis Minerals Limited is a Canada-based lithium explorer focusing on Latin American critical minerals. The Company owns a 100% interest or option to acquire 100% interest in the Borborema Lithium Project in northeast (NE) Brazil, covering approximately 26,100 hectares (ha). The Borborema Lithium Project targets exploration of Lithium-Caesium-Tantalum (LCT) bearing pegmatites. It also holds a 100% interest in approximately 35,700 ha of combined licenses and applications of highly prospective iron oxide copper/gold (IOCG) and porphyry copper projects in southwestern Peru within the country's prolific coastal copper belt - a source of nearly half of Peru's copper production. Its projects located in Peru include Il Este and Ilo Norte Copper Project, and Cinto Copper Project. The Ilo Norte Project in southern Peru is an IOCG and porphyry copper exploration target. The Company entered into an option agreement to acquire 100% interest of the Mina Vermelha project in the Borborema province.

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Solis Minerals Ltd

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Post by yukon_goldon Mar 10, 2022 11:38pm

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Post# 34505425

Solis Minerals forms bullish Island Bottom chart pattern

Mar 10, 2022

Trading Central has detected an "Island Bottom" chart pattern formed on Solis Minerals Ltd (SLMN:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.20.

Tells Me: The recent decline has reached a bottom, signaling a (minor) reversal to the upside.

An Island Bottom forms after a sustained downtrend, as a narrow trading range develops that is separated from the previous price action by first an exhaustion gap and then a breakaway gap.

This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.