Viscount Mining Corp V.VML

Alternate Symbol(s): VLMGF

Metals & Mining Industrial Metals & Minerals

Viscount Mining Corp. is a Canada-based project generator and an exploration company. The Company has a portfolio of silver and gold properties in the Western United States, including Silver Cliff in Colorado and Cherry Creek in Nevada. The Silver Cliff property in Colorado lies within the historic Hardscrabble Silver District in the Wet Mountain Range, Custer County, south-central Colorado. It is located 44 miles WSW of Pueblo, Colorado. The property consists of 929.6 hectares high grade silver, gold and base metal production. The Cherry Creek Property focus is on the exploration in the immediate vicinity of an area known as the Cherry Creek Mining District, located approximately 50 miles north of the town of Ely, in White Pine County, Nevada. Cherry Creek consists of 578 unpatented and 41 patented claims as well as mill rights and is comprised of more than 5090.19 hectares. Cherry Creek includes more than 20 past producing mines including Blue Bird, Chance Mine, Filmore, and others.

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Viscount Mining Corp

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Post by yukon_goldon May 23, 2021 5:17pm

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Post# 33255806

Viscount Mining Bullish Continuation Diamond Targets $0.60

Viscount Mining Corp forms bullish "Continuation Diamond" chart pattern
May 21, 2021

Trading Central has detected a "Continuation Diamond (Bullish)" chart pattern formed on Viscount Mining Corp (VML:TSXV). This bullish signal indicates that the stock price may rise from the close of $0.37 to the range of $0.56 - $0.60. The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. The pattern begins during a downtrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the highs peak and the lows start trending upward. When the price breaks upward out of the diamonds boundary lines, it marks the resumption of the prior uptrend.

This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.