RE: plznohypeThank you very much for your analysis and post.
Yes, EFR chart is looking good at present, 20/50 SMA cross up is normally considered as a bullish event.
If Denison mine has made a toll milling agreement with a company, which must have been EFR...
Let's see what EFR AGM will bring to us tomorrow. Hope there will be some surprises.
Cheers.
Peter
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EFR.TO chart is looking very good, imo. I know some question the value of that particular tool, but I find it useful. Anyway, EFR.TO retraced and touched the 25/50 EMA yesterday and now we are getting a nice bounce. The 25 EMA has crossed up over the 50 EMA which is something that technicians interpret as a bullish event. Bummer that EFR had no booth at PDAC, but quite a few of the companies I own were not there. They went from something like 600 to 800 booths in the Investors Exchange this year, but the waiting list for floor space meant that there were dozens and dozens of companies that were not able to participate.
I caught the Denison talk, White Mesa is on track for starting up and I could swear I heard him say that they have recently nailed down a tolling arrangement though the company was not named...
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