Fokus Mining Corp V.FKM

Trading view technical analysis of Fokus Mining

[winr88]

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  STRONG BUY!!!  Technically FKM is holding on resistance at $.08. clear that and next is $.10. then $.14 then $.19. With good resuts the $.30s will be a stretch. The high teens short term will not in my opinion. The results need better widths with current grades for the $.30s.. Continuation of present grades and widths are a must. If the gold price keeps climbing likely the whole gold and silver sector will become very bullish. Fokus is undervalued based on the last resource estimate. They need more near surface good results for a stockwork open pit mine and they are getting them. The shallower ounces will help drive the SP up in the shorter term. In the long term the deep ounces in the Hendrick zone are necessary for a Block Caving mine which has high development costs but 1/10 the production cost of conventional mines..

https://www.tradingview.com/chart/?symbol=TSXV%3AFKM