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Metals Creek Resources Corp V.MEK

Alternate Symbol(s):  MCREF

Metals Creek Resources Corp. is a junior exploration company. The Company is engaged in the identification, acquisition, exploration and development of mineral resource properties, and has mining interests in Ontario and Newfoundland and Labrador and in the Yukon. The Company has a 50% interest in the OgdenGold Property from Newmont Corporation, including the former Naybob Gold mine, located six kilometers (km) south of Timmins, Ontario and has an eight km strike length of the prolific Porcupine-Destor Fault (P-DF). The Shabaqua property is located within the Shebandowan Greenstone Belt. The Tillex property is located in Currie Township near the township of Matheson in Northern Ontario with infrastructure. The Company has 148 claim units in two separate blocks in the Dawson Range gold district. The claim blocks are located in the Matson Creek area, 40 km north of Kinross’ White Gold property and Kaminak’s Coffee Project.


TSXV:MEK - Post by User

Bullboard Posts
Post by tekinvestoron Jan 27, 2015 2:47pm
779 Views
Post# 23368961

MEK.V Jan 2015: Two Key Bullish Stock Technical Events

MEK.V Jan 2015: Two Key Bullish Stock Technical Events
Metals Creek Resources Corp
(MEK:TSXV)
 
Event Details for: Bullish 200 Day Moving Average Price Cross
 

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.
Event Date: Jan 16, 2015
Opportunity Type: Long-Term Bullish
Close Price: $0.04
Price Period: Daily
Volume: 314,600
Price crossed above the 200-day moving average.


 
Metals Creek Resources Corp
(MEK:TSXV)
 
Event Details for: Bullish 50-Week Moving Average Price Cross
 

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars). Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.
Event Date: Jan 16, 2015
Opportunity Type: Long-Term Bullish
Close Price: $0.04
Price Period: Weekly
Volume: 315,601
Price crossed above the 50-week moving average.
 
 


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