$DRM #ASX - Doray Minerals - Value breakout at bottom of swing

With recent market uncertainty I've been looking around a bit more at the Goldies.

Comments on chart. Looks to be heading in the right direction and seems to represent pretty good value at current pricing.

Doray Minerals Limited is a gold mining company. The Company's projects include Andy Well Gold Project, Deflector Gold Project (Deflector) and other exploration projects, such as Horse Well Gold Project. The Andy Well Gold Project is located approximately 50 kilometers north of Meekatharra, in the Murchison region of Western Australia (WA). Deflector is a gold-copper deposit located in the southern Murchison region of WA, approximately 450 kilometers north of Perth and over 160 kilometers east of the Western Australian regional city of Geraldton. Deflector's ore is located in approximately three separate lodes, including the West, Central and Contact lodes. It has an exploration tenement portfolio in both WA and South Australia (SA). The Deflector Project has a mine life of approximately six years. It is engaged in exploring gold mineralization at various WA regional projects, including the Gnaweeda Project. The Horse Well Gold Project is located near Wiluna.

(Oh and bring back Mountain / Area charts for the win.)

Comment:

Stock faded away and didnt do anything for a couple of months. If it gets through this next level of resistance it might run for a bit back up to its previous highs. Id wait until it confirms the upward move before entering.

Comment:

Its back up to its previous high and showing good signals it could well break through it. Lots of announcements out today about mergers so will keep away for now until that all plays out.

Comment:

Moving nicely.