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Bullboard - Stock Discussion Forum Universal Copper Ltd V.UNV

Universal Copper Ltd. is a Canada-based copper exploration company focused on the acquisition and exploration of copper properties. Its focus is on advancing the Poplar Copper Project, which covers over 61,566 hectares, located 35 kilometers (km) from the Huckleberry Mine and 42 km from Equity Silver Mine. It hosts an undiluted indicated mineral resource of 152.3 million tons grading 0.32... see more

TSXV:UNV - Post Discussion

Universal Copper Ltd > UNV.V CHART REVIEW
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Post by Charts1 on Jan 15, 2022 12:07pm

UNV.V CHART REVIEW

BULLISH RISING WEDGE STARTED DEC 20 .MOVING INTO THE 3RD TOP AT.115

RSI OVER 75 AND MACD RISING ABOVE ZERO LINE PUTS US INTO A 75 PERCENT CHANCE OF A BREAK OUT HERE .

THIS STOCK HAS MOVED UP EVEN WHEN TSX WAS GOING DOWN . POSITIVE 
 COPPER DEMAND INCREASING                                                              POSITIVE

PREVIOUS BREAKOUTS  HAS THE POTENTIAL TO PUSH STOCK LEVELS TO .175-.21 RANGE

NEWS ON PROPERTY
The 61,600-hectare Poplar Project hosts a current undiluted indicated mineral resource of 152.3 million tonnes grading 0.32 per cent copper, 0.009 per cent molybdenum, 0.09 gram per tonne gold and 2.58 g/t silver and an undiluted inferred mineral resource of 139.3 million tonnes grading 0.29 per cent copper, 0.005 per cent molybdenum, 0.07 g/t gold and 4.95 g/t silver. The mineral resource estimate has a cut-off grade of 0.20% copper. 


GOOD LUCK EVERYONE
Comment by lifegoeson on Jan 15, 2022 12:48pm
Charts, keep the analysis coming... in my layman's terms, UNV looked very weak most of the day on Friday but that reversal and strong buying from $0.10 to close at $0.115 on 2 M shares really shook those shareholders that sold likely forcing some to buy back in. The news cycle looks great for UNV with results due and more exploration underway. UNV has traded over 10 M shares in the last two ...more  
Comment by yixter on Jan 15, 2022 4:34pm
This thing is undervalued for sure and with Copper at multi year highs and results on deck we could see some very nice upside here the land package is massive and has 9 targets on it so adding to an already nice sized resource is plenty doable.