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Silver Range Resources Ltd V.SNG

Alternate Symbol(s):  SLRRF

Silver Range Resources Ltd. is a Canada-based precious metals prospect generator with projects in the Southwest United States and Northern Canada. The Company's work is focused on the Southwest United States. It has assembled a portfolio of over 38 properties, of which 10 are under option to others. Five other projects have been converted to royalty interests. Its mineral property interests include various mineral properties located in the Yukon Territory, Northwest Territories, and Nunavut in Canada and in Nevada and Arizona, United States. Its active property transactions include Silver Range Project, South Kitikmeot Gold Project and Bellehelen Project. Its featured projects in Nevada include Shamrock, Cambridge Mine, Tonto del Pueblo and Sand Springs. It has retained interests in mineral properties acquired by third parties, which include Yuge Property, Cabin Lake Property, Michelle Property, Tom Property and South Weepah Property. It has a 25% interest in East Gold Point property.


TSXV:SNG - Post by User

Bullboard Posts
Post by Bigpaulbunyonon May 06, 2009 6:55am
328 Views
Post# 15970101

All is Good

All is GoodWe traded at the 51 to 64 cent level for about a month, now SNG has taken the next leg up and will prob range between 78 and 90, unless we get more news before the Jun 4 the deadline. You can all provide whatever info you want and speculate about this and that but i will still watch the charts to tell me what to do. Right now the way i see it this is a screaming buy, with support at .78 cents. resistance on a daily level at about $1.17 and on a weekly level at $1.56.. On the short term this may be a little overbought and the AIX is turning down. so maybe we will see some selling into the bid. Now the news will drive this stock, and i cant see how we cant go anywhere but up still from here, but the charts will let me know of any bad news coming. so for me ALL IS GOOD.
the markets could also crash at any time but i am not sure that would really kill the sp here as there is much anticipation, and many even here would gobble up shares in the low 70's.
What we really need is great news, while the market is peaking at the beginning of june
GLA and always do your dd
Bullboard Posts