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St-Georges Eco-Mining Corp C.SX

Alternate Symbol(s):  SXOOF

St-Georges Eco-Mining Corp. develops new technologies to solve some of the common environmental problems in the mining sector, including maximizing metal recovery and full-circle battery recycling. The Company explores for nickel and PGEs and other strategic and critical minerals on the Manicouagan and Julie Projects on Quebec’s North Shore, for Niobium and Rare Earth Minerals on the Notre-Dame Project in the Lac St-Jean region and has multiple exploration projects in Iceland, including the Thor Gold Project. The Manicouagan Project is located approximately 70 kilometers (km) north of the Manicouagan Crater and 350 km northwest of Baie-Comeau, QC. The Julie Project is located via a 90-minute drive from the deep seaport city of Baie-Comeau on the Quebec North Shore. The Project comprises 294 claims for an area of 16,226.99 hectares. The Notre-Dame Project is located near the municipality of Notre-Dame de Lorette on the northern flank of the Lac St-Jean in Quebec.


CSE:SX - Post by User

Bullboard Posts
Post by mgentilion Jan 18, 2018 5:12pm
358 Views
Post# 27388750

Lets Take a look at the techincals

Lets Take a look at the techincalsFirst thing is first, this thing ran up way too fast too soon and I think that is the main cause for what has happened here. People in from 10c were locking in millions of dollars when it peaked and that starts a crazy influx of sellers. What has happened over the last two days is fear and panic.  There is a panic selloff that occurred. The value of the company didn't change that drastically over 2 nights. How charts work is that when we have vertical price movement there are always bounces back the other way. This has gone from $2.90 down to 29c in 2 days. Anyone who is shorting this will be covering tomorrow morning first thing. and that combined with some dip buyers will drive the price back up liekly for 2-3 days at least. I do not expect to get back to the highs but I do expect high $1 range at the very least sometime soon. Anyone long don't sweat. U only have 33c to risk losing at this point may as well ride it out 
Bullboard Posts