Bullboard - Stock Discussion Forum 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... see more

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TSXV:DMX - Post Discussion

District Metals Corp > 30 cents level breakout coming soon...

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Post by Benny007 on Aug 22, 2024 9:56am

30 cents level breakout coming soon...

Very good volume early this morning, looks like we can break the 30 cents level very soon...

Might be a good idea to buy more shares before it's too late...

GLTA,

Benny007

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Comment by Benny007 on Aug 22, 2024 2:48pm

Volume now at 546k shares, breakout is imminent, let's hope for today! GLTA, Benny007

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Comment by Benny007 on Aug 22, 2024 3:15pm

Now 636k shares and flirting with 31 cents! [img][/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 ...more

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