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Sitka Gold Corp V.SIG

Alternate Symbol(s):  SITKF

Sitka Gold Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration for mineral resources in North America. The Company’s projects include RC Gold, Alpha Gold, Coppermine River, and Burro Creek. The RC Gold Project, comprised of the RC Gold, Mahtin, Clear Creek and Barney Ridge properties, is a district-scale, contiguous land package of 1,891 claims covering approximately 431 square kilometers. Alpha Gold Property, located along the southeast projection of the prolific Cortez Gold Trend in Eureka County, approximately 135 kilometers southwest of Elko, Nevada. The Burro Creek Gold Project is located 105 km by road southeast of Kingman, Arizona. The Company through its wholly owned subsidiary Arctic Copper Corp., holds approximately 7,500 hectares of mining claims in two separate claim blocks in the Coppermine River area in Nunavut that exhibit potential to host economic grades of copper and silver mineralization.


TSXV:SIG - Post by User

Comment by givemeabreak1on Oct 20, 2022 12:33am
125 Views
Post# 35035438

RE:Chart from a european blog

RE:Chart from a european blog
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The one-year chart from Sitka Gold ( WKN A2JG70 / CSE SIG ) shows a broad (blue) trend channel that is rising moderately - about 30% over the year. The share price is currently back on the lower edge of the trend after the August top and is testing the red downtrend line that has formed since the December top.

The two average lines have been broken down. Both are currently trending sideways after the rise phase, which can be rated as neutral. It is also positive that the 100-day line runs above the 200-day line.

The MACD indicator is at a low for the year and the blue line has not yet risen above the red trigger line - so no buy signal so far. The Chaikin Money Flow shows a declining extension into the red, declining in capital outflow. The Directional Movement Index (DMI) shows the first signs of a trend change (green line crosses the red one upwards).

sitka191022
Source: Comdirect

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Risk warning: GOLDINVEST Consulting GmbH publishes on https://goldinvest.deComments, analysis and news. This content is for the sole purpose of informing the readers and does not represent any kind of call for action, neither explicitly nor implicitly are they to be understood as a guarantee of any price developments. Furthermore, they in no way replace individual expert investment advice and do not represent an offer to sell the share(s) in question or an invitation to buy or sell securities. This is expressly not a financial analysis, but an advertising one / journalistic texts. Readers who make investment decisions or carry out transactions based on the information provided here act entirely at their own risk.

The acquisition of securities involves high risks that can lead to the total loss of the capital invested. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research, but any liability for financial loss or the content guarantee for the topicality, correctness, appropriateness and completeness of the articles offered here is expressly excluded. Please take note of our Terms of Use.

According to Section 34b WpHG and Section 48f Paragraph 5 BrseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and/or partners, clients or employees of GOLDINVEST Consulting GmbH hold shares in Sitka Gold and that there is therefore a conflict of interest. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in the company at any time. In addition, GOLDINVEST Consulting GmbH is remunerated by Sitka Gold for reporting on the company. This is another clear conflict of interest.


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