Shares of Basin Uranium (CSE: NCLR) have seen some optimistic movement since the company announced that it has commenced camp construction at the Mann Lake project.
Shares are currently up 30% on a recent bounce and have seen high relative trading volume this month. More recently, shares saw a very high spike in buying this past week. These two things make it highly likely shares could see some big moves next week.
Basin’s geophysical and diamond drill programs are expected to commence next month. Updates from these campaigns should provide consistent catalysts to support a bullish reversal for $NCLR.c shares.
$NCLR.c is currently trading at $.56 and is valued at an MCAP of $13.21M.
https://ceo.ca/@newsfile/basin-uranium-commences-camp-construction-at-mann-lake