ETM (OTC: GDLNF) Spikes Over +119% Since Our Alert
Following our December 30th coverage of Energy Transition Minerals Ltd. (ASX: ETM | OTC: GDLNF), the trend continues to develop in our favor as price consolidates just below key breakout levels. In the most recent OTC session, GDLNF closed at $0.13, up +8% on the day, with 2,524,050 shares traded, confirming that participation remains elevated even after the prior surge.
Zooming out, ETM has already delivered outsized gains from our initial alert near $0.091, previously pushing as high as the $0.20 range. The stock is now up +146.84% over the past 52 weeks, and current price action suggests it is digesting gains, not giving them back.
Momentum remains constructive, with RSI at 63, indicating strength without entering overheated territory — often the zone where continuation moves begin to form.
The earlier surge was not random. It coincided with meaningful strategic developments, including the appointment of Ballard Partners and Cohen & Company Capital Markets to support U.S. engagement and a potential Nasdaq listing, as well as continued focus on the Kvanefjeld rare earths project in Greenland
Friday January 09, 2026: Press Release
"Energy Transition Minerals Ltd (ASX: ETM) announced the lapse of 1.2 million unquoted performance rights (ETMAC) after the attached conditions were not met, with no consideration paid and no impact on cash. Importantly, these rights will not convert into shares, reducing potential future dilution and leaving the company’s capital structure cleaner, with approximately 1.98 billion ordinary shares, 68.75 million options, and 89.47 million performance rights remaining on issue—making this a routine governance update rather than a negative fundamental development."
Following our December 30th coverage of Energy Transition Minerals Ltd. (ASX: ETM | OTC: GDLNF), the trend continues to develop in our favor as price consolidates just below key breakout levels. In the most recent OTC session, GDLNF closed at $0.13, up +8% on the day, with 2,524,050 shares traded, confirming that participation remains elevated even after the prior surge.
Zooming out, ETM has already delivered outsized gains from our initial alert near $0.091, previously pushing as high as the $0.20 range. The stock is now up +146.84% over the past 52 weeks, and current price action suggests it is digesting gains, not giving them back.
Momentum remains constructive, with RSI at 63, indicating strength without entering overheated territory — often the zone where continuation moves begin to form.
The earlier surge was not random. It coincided with meaningful strategic developments, including the appointment of Ballard Partners and Cohen & Company Capital Markets to support U.S. engagement and a potential Nasdaq listing, as well as continued focus on the Kvanefjeld rare earths project in Greenland
Friday January 09, 2026: Press Release
"Energy Transition Minerals Ltd (ASX: ETM) announced the lapse of 1.2 million unquoted performance rights (ETMAC) after the attached conditions were not met, with no consideration paid and no impact on cash. Importantly, these rights will not convert into shares, reducing potential future dilution and leaving the company’s capital structure cleaner, with approximately 1.98 billion ordinary shares, 68.75 million options, and 89.47 million performance rights remaining on issue—making this a routine governance update rather than a negative fundamental development."
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.