Avanti Helium Corp V.AVN

Alternate Symbol(s): ARGYF | V.AVN.WT.A

Avanti Helium Corp. is a Canada-based pure play helium exploration company. The Company is focused on the exploration, development, and production of helium across western Canada and the United States. Its projects include Greater Knappen Project and Leader Project. The Greater Knappen Project has identified key areas for helium exploration in Southern Alberta and Montana. The project covers an area of approximately 78,000 acres of prospective helium acreage within the Greater Knappen area. The asset has multiple helium target intervals in Devonian and Cambrian. In Alberta, it has a project in Aden and in NW Montana, there are four project areas: Sweetgrass, Keith, Kicking Horse and Police Coulee. Leader Project consists of several permit areas; each permit is in different areas in Southwestern Saskatchewan. The permit areas are Maple Ridge, Fox Valley, Burstall, Abbey and Kyle. It covers approximately 91,000 acres of helium prospective land.

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Avanti Helium Corp > RSI is 38.61 but trending down

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Comment by dragshoton Apr 06, 2022 8:57am

152 Views

Post# 34579811

RE:RE:RSI is 38.61 but trending down

Can you believe this guy? "In my view"? lol Listen carter, unless you're some sort of an TA expert, I would recommend saving yourself the embarrassment and keeping your "view" to yourself. It sounds like you tried TA once and lost your shirt and now you're an aficionado. Stay in your lane!

carterZ21 wrote:
To 88guy, dragshot and gcap....our technical analyst contributors.....

In my view, technical analysis does have some merit in that it can help determine when to buy, not necessarily what to buy. The inherent flaw in trading purely on technicals is dismissing fundamentals. This is especially true in the mining sector where drill results can appreciably move a company's share price, up or down. Technical analysis cannot and does not predict drill results.

The weakness in AVN's share price was clearly attributable to the financing at $1.23. A drop from the $1.50's was a no brainer. Today's trading was well bid with over 300,000 shares on the bid from $1.29 and up. The market doesn't appear to be signalling a drop below $1.00 as some of you predicted.

My two cents...Carter

PS: gcap I do agree that NDA should do well