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Ranchero Gold Corp $RNCH/$RNCH.V is starting to look like a strong buy based on the technicals. Shares are looking highly oversold at the moment, so the right interest in $RNCH could cause a big, fast boost in share prices.
Drilling is currently underway on $RNCH’s wholly-owned Santa Daniela project, where 360 metres has been successfully drilled to date with further plans of a 3000-metre phase 1 program planned.
I’ll be watching closely for a spike in volume, and also keeping an eye on Google Trends for $RNCH.
$RNCH is currently trading at $.32 and is valued at $21.04 million.
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