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Goliath Resources Ltd V.GOT

Alternate Symbol(s):  GOTRF

Metals & Mining Industrial Metals & Minerals
Goliath Resources Limited is a Canada-based junior resource exploration company. The Company is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. The Company owns 100% of the Golddigger property that covers an area of 52,756 hectares. The Homestake Ridge Deposit (Fury Gold Mines Limited), Dolly Varden Silver Mine (Dolly Varden Silver Corp.), and the Kinskuch Project (Hecla Mining Company) are in close proximity. The Golddigger Property consists of contiguous mineral claims located approximately 30 kilometers southeast of Stewart with tidewater access on Hastings Arm in the Golden Triangle of Northern British Columbia. The Luckystrike Property is located north of Terrace, British Columbia. The Company also owns a 10% interest in the DSM Syndicate projects. It has six mineral claim blocks, totaling 391 mineral claims, under Goliath's Nelligan East Project and Nelligan West Project.


TSXV:GOT - Post by User

Goliath Resources Ltd > Goliath: Strong break-out through the twelve-month high
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Comment by KentWilkenson Jan 15, 2025 11:32pm
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Post# 36406380

RE:Goliath: Strong break-out through the twelve-month high

RE:Goliath: Strong break-out through the twelve-month highAlpha.
Macd etc are great for timing buy n sell absent news.

This news is pretty good, strength of leg up confirms the market thinks so.

Strong up will automatically trigger sells, either by bot or paying attention. 
This naturally puts downward pressure balanced by more reading the news and wanting in.

Strong leg down indicates flash in the pan, not enough support. 
No leg down day after big jump, usually means another leg up.

Another 89 drill results pending.

I have been wrong before...

KW
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