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"Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada... see more

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Spur Ventures Inc > A possible double bottom chart on AGB

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Post by Jovica on Nov 15, 2017 7:12pm

A possible double bottom chart on AGB

House 01 market makers may orchestrate another attempt to execute all the stop loss orders that are technically placed near the support level. Once the deliberate flush out is completed the new institutional buyers will move stock price to a new 52 week high. I just dont see huge selling pressure with low trading volume but i do see an orchestrated shake out here.

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Comment by jedd2 on Nov 15, 2017 10:30pm

This certainly has all the hallmarks of managed trading. They will want to shake out weak holders to reduce resistance on the upside. I think the next step will be a move to the TSX and a US AMEX listing so that more funds will have access to the shares. I would not want to sell any shares here as I fully expect a significant re-rating of the stock price once we get to full ...more

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