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Kenadyr Mining Corp KNDYD


Primary Symbol: V.KEN.H

Metals & Mining Gold
Kenadyr Mining Corporation is a Canada-based gold exploration and development company. The Company is engaged in the exploration of the Borubai gold project. The Borubai gold project is located in the Kyrgyz Republic in Central Asia. It holds a 100% interest in the approximately 164 square kilometers (km2) Borubai Exploration license, which encircles Zijin’s Taldybulak Levoberezhniy Mine. The Borubai project is located approximately 100 kilometers, along a highway, from the capital of the Kyrgyz Republic. The area has developed infrastructure with two lines of high-voltage power grid and access roads to all prospects.


TSXV:KEN.H - Post by User

Kenadyr Mining Corp > Good time to bottom fish here?
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Post by Straniuson Aug 16, 2017 11:39am
328 Views
Post# 26587627

Good time to bottom fish here?

Good time to bottom fish here?

It's been a dismal performance for this name for anyone that has bought into this story in the past with the chart literally going one way (down and to the right).

I'm not much of a technical analyst, but can certainly spot indicators of trend exhaustion. It appears (to me) from the chart that sellers have run out of reasons to sell (trend is flattening out and volumes are down markedly) and we are in the midst of forming a base in the high 20's. It may be worth a nibble at current levels.

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~S

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