Metals Creek Resources Corp V.MEK

Alternate Symbol(s): MCREF

Metals & Mining Industrial Metals & Minerals

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

Metals Creek Resources Corp

Bullboard Posts

Post by tekinvestoron Mar 17, 2015 1:55am

905 Views

Post# 23528452

MEK.V March 16 2015 4 Big Bullish Technical Events

Metals Creek Resources Corp

Event Details for: Bullish Double Moving Average Crossover

Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average periods. Moving averages (MA) 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. In the double crossover method, a bullish event is generated when a faster moving average crosses above a slower moving average (21-bar MA crosses 50-bar, or 50-bar MA crosses 200-bar). In this state, the price is likely in an established uptrend. The opposite is true when the faster slips below the slower moving average, triggering a bearish event.

Event Date:	Mar 16, 2015
Opportunity Type:	Intermediate-Term Bullish
Close Price:	$0.03

50-day moving average crossed above the 200-day moving average.

Metals Creek Resources Corp

Event Details for: Bullish 21-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:	Mar 16, 2015
Opportunity Type:	Short-Term Bullish
Close Price:	$0.03

Price crossed above the 21-day moving average.

Metals Creek Resources Corp

Event Details for: Bullish 50-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:	Mar 16, 2015
Opportunity Type:	Intermediate-Term Bullish
Close Price:	$0.03

Price crossed above the 50-day moving average.

Metals Creek Resources Corp

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.