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Bullboard - Stock Discussion Forum Elgin Mining Inc ELGMF

GREY:ELGMF - Post Discussion

Elgin Mining Inc > contracting triangle forming?
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Post by moonshot5 on Feb 24, 2014 12:25pm

contracting triangle forming?

Maybe...if so, price objective around .38

User image
Comment by moonshot5 on Feb 24, 2014 12:27pm
chart... https://postimg.org/image/amkygngsh/
Comment by LuckyCogito9999 on Feb 25, 2014 7:21am
Not only that, its technically bullish also beacause of the CUP and handle formation, that s 2 bullish indicators, plus the crossing of the 200 day MA, same as for gold, it has never looked better timing wise, Elgin is undervalued by 50% as per book value and we are not accounting for the future increase in production, the lower cost and higher grades and the rising gold price, even if gold goes ...more  
Comment by LuckyCogito9999 on Feb 25, 2014 10:23am
last warning, ELG on its way up in a few minutes or hour or 2, watch and learn
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