Analyst Report Calling 14x Current ValuationSo many Positives going for it just off the TOP
Low Market Cap
Significant Cash Balance
No Debt
Major DRC Government J/V News pending
Analayst reports (Respected Wall Street Firm Calling for 14x Current Valuation)
Very Hot Area play developing adjacent to SAU Holdings
Stock technically Broke 50 Day Moving Average on Volume.
200 DMA about to be Breached it seems in next few sessions
There is enough Fuel to set this Stock off to $0.50 Near term...wich is merely Half the above Mentioned Analyst Target calls for.
I did my research more thoroughly last night and I am very impressed with this find. It is a definite keeper. I actually couldn't believe there were any more plays like this around considering the Run in resources as of lately. This Stock was trading under the Radar..or was forced to perhaps by undiscloed entities that just wanted to accumulate shares before announcements arrive..who Knows. All I know is that I am in.
Technical "Alert" Stock Rising above 50 Day Moving Average
Neckline @ $0.12 should be taken out This Week - Coincides with 200 DMA
Then this Stock Could Run Hard and Tackle that $0.15 Upper Resistance
This Stock is "ready to Explode" . Pull up your 1 yr Chart and extend your Graphical line Tool and align over recent Peaks. The next move will be 'THE MOVE" after this recent extended period of accumulation.
This Stock is about to cross over into Phase II Territory.Implications are Huge for a very sustained Upside move.Speculation of a Huge J/V Deal is starting to settle up with this Stock.
I am looking forward to what Simberi will reveal to "Stakeholders" in the coming Days and Weeks. The Implications are Huge. Recent Analyst review states that the Market Cap could swell to $200 million if certain events unfold. That is nearly 14x Current market Cap. Investors will soon certainly be inclidened to add to thier Positions on Strength in a very meaningful way once News arrives. I am fully positioned and waiting 