I have been slowly accumulating precious metal miners over the last month or few for a medium term trade.
Some look good, some look bad, but I am being very cautious and patient.
This one seems to be just waking up. Yesterday, a break above the 50 ma. This morning, a quick test and bounce off of it.
Buying here with a tight stop below the 50ma. 1.74 or so.
On daily chart looks like an ascending triangle, with an target on the nex round level looking for more potential if we can break the big resitence
long >1.90
Stop = 1.79
Target(1) = 2
Target (2) = 2.25
Gold Standard Ventures Corp. is focused on the acquisition and exploration of district-scale and other gold-bearing mineral resource properties completely in the State of Nevada, the United States. The Company operates through the acquisition and exploration of exploration and evaluation assets segment. Its Railroad-Pinion Project is an early to intermediate stage gold exploration project situated at the southeast end of the Carlin Trend of north-central Nevada. The Railroad-Pinion Project straddles the Pinon Range in the Railroad Mining District of northeastern Nevada and consists of a contiguous land position totaling approximately 30,404 gross acres and over 28,721 net acres of land in Elko County, Nevada. The Company has a total of approximately 16,439 gross acres of subsurface mineral rights in the form of patented and unpatented mineral lodes (claims) and over 13,965 gross acres of subsurface mineral rights secured or controlled by a contractual interest in private surface.
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GSV
