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Niko Resources Ltd NKRSF

Energy Oil & Gas E&P
Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Niko Resources Ltd
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Comment by HumbleTheTraderon Jun 20, 2016 1:20pm
125 Views
Post# 24980549

RE:Guess? ...

RE:Guess? ...
glasrado wrote: IMU. When the stock price is holding steady and the volume is very low that indicates someone has some good information from the insiders, that good things will come out in due time. Also, I like the 200 day MAVG on the daily, has changed into a smooth curve pointing upwards. This means regardless the time frame we are in the upward cycle.

This has been a very tight consolidation phase that should end in a big upward move soon, just awaiting the news release of noteholder consent and beginning of amendment to the indenture, as of June 17th onwards they can begin it once the 7% consent is offiicially in
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