Very well developed asset distribution inside this bullish flag. As you can see there has been some pretty good support and resistance for buyers as well as sellers. Once we broke below 15 cents it was a hard return to a mid September bottom.
I am looking for a "scoop" or another breakout of the flag. Long term buyer of this one if they keep doing whats...
It looks like a move up from this descending triangle has started. The fall from the high at 30 cents has been fairly steady, but a climb back from a 50% drop isn't unheard of...
I got the following from their MD&A at their web site:
"Management realizes that the current liquidity and capital on hands are not sufficient to develop the Company ...