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District Metals Corp V.DMX

Alternate Symbol(s):  DMXCF

Metals & Mining Industrial Metals & Minerals
District Metals Corp. is a polymetallic exploration and development company focused on the Viken and Tomtebo Properties in Sweden. The Company’s projects include Viken, Tomtebo-Stollberg, Gruvberget, Svardsjo, Alum Shale Properties, Ardnasvarre, Sagtjarn, Nianfors and Bakar. The Viken Property totals 37,211 hectares (ha) where the Viken nr one mineral license covers the majority of the polymetallic Viken Deposit. The Tomtebo covers an area of 5,144 ha and is located 175 kilometers (km) northwest from the capital city of Stockholm in Sweden. The Gruvberget covers an area of 5,286 ha and is located approximately 230 km northwest from the capital city of Stockholm in Sweden. The Svardsjo covers an area of 1,037 ha and is located approximately 200 km northwest from the capital city of Stockholm in Sweden. The Ardnasvarre nr one mineral license is located within the Arjeplog-Arvidsjaur uranium province. The Bakar Property is located on Northern Vancouver Island.


TSXV:DMX - Post by User

District Metals Corp > 30 cents level breakout coming soon...
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Comment by Benny007on Aug 22, 2024 3:15pm
50 Views
Post# 36192320

RE:RE:30 cents level breakout coming soon...

RE:RE:30 cents level breakout coming soon...
Benny007 wrote: Volume now at 546k shares, breakout is imminent, let's hope for today!

GLTA,

Benny007


Now 636k shares and flirting with 31 cents!

[img]Capture-d-cran-2024-08-22-150611[/img]

Here is my analysis : 3 distinct phases in the last month; down on big volume (green section) / end of the move down on light volume (red section) / breakout ot the negative diagonal downtrend on nice volume at 28.5 cents (green section with circle) and very nice price consolidation between 28,5 - 30.5 cents (blue rectangle).

In my opinion, today's very high volume is indicating an imminent breakout of the 30 cents level and a nice move up!

Don't wait anymore to take position in DMX, it might be too late very soon.

GLTAL,

Benny007 
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