One of favourite miners, is correcting after price met both the C&H target and 1,618 fib area.
Having gained more than 200% than GDX, and more than 50% alone in the last 3 month miners rally, this mid tear producer & royalty miner has a long way to go in the future imho.
Royalty streams from $GG, who announced that Eleonore project has more than 1 million ounces more. About to start exploring Coulon area in Quebec soon.
I wish it will come down more at the second level of demand (11$) area, and shape a clearer hidden bullish divergence,but price is well supported by MA20 and first demand zone and maybe it won't. If it does, will add to long positions.
Best of trading guys
Panos
Having gained more than 200% than GDX, and more than 50% alone in the last 3 month miners rally, this mid tear producer & royalty miner has a long way to go in the future imho.
Royalty streams from $GG, who announced that Eleonore project has more than 1 million ounces more. About to start exploring Coulon area in Quebec soon.
I wish it will come down more at the second level of demand (11$) area, and shape a clearer hidden bullish divergence,but price is well supported by MA20 and first demand zone and maybe it won't. If it does, will add to long positions.
Best of trading guys
Panos
