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LEXAM VG GOLD INC T.LEX

"Lexam VG Gold Inc is engaged in the business of exploring precious metal mineral properties in Timmins, Ontario, Canada. Its properties include Buffalo Ankerite, Davidson Tisdale, Fuller, Paymaster, and Baca Oil and Gas Project."


TSX:LEX - Post by User

Comment by shawkon Apr 11, 2016 7:56pm
728 Views
Post# 24754297

RE:RE:Takeover in timmins

RE:RE:Takeover in timminsIt was recomeded as a buy today by Clive Maund on his website.
In box me if you want the highlights, I can't post it all here as it's copyright.

'Given our revised outlook on the Precious Metals, Lexam VG Gold is looking really good here. On its 6-month chart we can see that it had a big runup in February, tripling in price, before running off into a trading range that could have been a top. However, the volume pattern during the formation of this range is strongly bullish, with heavy volume on the runup being followed by relatively light volume as the range formed. This is characteristic of a bull Pennant, and strongly suggests that Lexam VG Gold will break out upside, which it in fact just started to late last week, and embark on another strong advance. Volume indicators shown on this chart also look very positive.'
https://www.clivemaund.com/
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