SXL.V IT'S ALL GOODI haven't posted lately, but running through a few charts, one looked interesting in comparison to SLAM...
First, our chart is picture perfect with a long term rising trend with consolidation at various levels followed by new buying and support. I would be perfectly happy to continue this exact trend for the next 20 years... This is much better (IMHO) that a stock that races up quickly and then has no legs at all which translates into a quick fall right back down...
Again, I would be more than happy to continue this great trend... However... I have a feeling that we will likely see something more simular to that of V.CHU (Channel Resources) ... They cruised along for a couple of years in the low single pennies to .14 .. then range bound for a year between .06 to .10 trying to get back to .14... Then... BOOM... Came out with news of results and KABOOM... up big (38m @3.09g/t
54 meters from the surface... and 14m @2.82g/t
74 meters from the surface) broke the .14 ran to .18, announces a private placement... then .20... Then announces an "over subscription" and today... huge volume and .28+ kaboom....
The reason I'm going through this is because SLAM has had fairly simular experiance... We are now on the verge of breaking through .14 ... with strong legs, and... low and behold... an oversubscribed private placement ... And our intercepts... hmmm...
16.85 m @16.45g/t
ONLY 27m from the surface... HELLO???? Slams other assets have been talked about so much here I won't repeat accept to remind all of you that zinc is at almost a $1.00 ... HELLO!!!!!
COMPARISON CHART : https://finance.yahoo.com/q/bc?s=SXL.V&t=2y&l=on&z=l&q=c&c=CHU.V
Link to Zinc spot... https://www.kitcometals.com/charts/zinc_historical.html
Link to SLAM CHART :
https://finance.yahoo.com/q/bc?s=SXL.V&t=2y&l=on&z=l&q=c&c=
Link to v.CHU CHART :
https://finance.yahoo.com/q/bc?t=2y&l=on&z=l&q=c&p=&a=&c=&s=CHU.V
We have had many good days, but IMHO, great days are on there way... You just might miss the morning one day only to see SLAM up huge on massive volume... :)
Cussy, the Windsurfer:)