Technically at the breaking pointAs I have posted twice before over the past number of weeks and months where I mentioned
these Newfoundland plays had gone up toooooo much tooooo fast and were due for a correction
and along with the general precious metals sector which is still taking a hit we find the
Newfoundland plays are getting hit harder than the rest because they had gone up harder than
the rest. I had mentioned previously if we break the .35 cent mark than there is a chance
we go to fill the gap at .22 to .24 cents and this now is even a stronger possibility. I am neither
a basher or pumper and do not post every other second like some here who are obviously a
little over the top to say the least. I have owned this stock since .05 cents and did sell some
at higher prices but for the record still like it a lot ... just posting because there could be
opportunity down in the mid .20s. Good luck to all.
Simple Moving Avg (30) ——Simple Moving Avg (90) ——