Western magnesium Corp on the 1W Looooooooong!Western magnesium was in the R&D stage for a long time. Over the last year the fundamentals have changed significantly. They aim to bring back the production of magnesium to the USA. With their new, clean technology and stellar management, they are well on their way. Aside from strong fundamentals, the chart looks great. Mid 2019 a double top formed. A downtrend occurred that has just been completed with the formation of a double bottom. The double bottom happened to form almost perfectly on the .786 fib retracement. This was closely followed by a weekly close above the .618, all on the heels of fantastic fundamental news. We also have a clear upward trend line.
Magnesium
Vanadium One Energy Corp. VONE
Vanadium One Energy Corp, formerly Vendome Resources Corp, is a Canada-based mineral exploration company. The Company focuses to acquire near-term production exploration mining projects and existing producers. It operates through the business segment of exploration for mineral resource properties. Primary targets are Vanadium and Magnesium. Titanium and Gold are other opportunites on their lands found. 2 lb. V2O5 to every ton of steel = 2x its strength, aka high strength steel. So the opportunity is still yet to be mined, but in a mining community as land mine leases. 29M shares and 2.9M Mkt Cap.
Note: The Company has not generated any revenues. Check out their website vanadiumone.com/presentation to know facts as anyone viewing and buyer beware.
MGX Minerals MineMonthlyAs previously published, I longed that mining stock directly via bank, from 0,664 .
This is a pretty cheap mining stock, that correlates even with gold.
Nice juicy risk to reward ratio
You could even hold it for years.
I'll hold it at least for 6 months and check up on it again, since gold and silver are in seasonal major movements to the upside.
See ya at the top folks
