Significant results were encountered in hole DKL-20-RC-007, which returned 4.83 grams-per-tonne (“g/t”) gold (“Au”) over 20 meters, including 14.51 g/t Au over 6m (also including 39.6 g/t over 2m).
Nexus Gold is primed for a breakout and they are currently waiting on the remaining 6 holes from their recently drilling program in West Africa that today in hole #7...
Primed volume defined breakout play with a 100% upside leading up to results coming out mid-jan. Results/ assay's from the company highly anticipated Dakouli 2 mine could boost this SP over 20c.
Enter between 8-9c with a hold for 13-15c.
Solid trade with $GOLD about to break $1900 and head north. January is the time to own gold stocks.
Finally showing life off a first bounce off a monthly defined arc's right hemisphere (possible, needs a second bounce to confirm trajectory). Final target 2.80$ in Q1 2023, now 0.07
Chaikin Money Flow showing something is up, even with decreasing price action... So imagining bullish scenario for comming months. We are in a precious metals bull market after all! 0.23$ in May 2021. $NXS.v
Accumulation has been on the up for the last month. Holding above .10cts support and bouncing off each tap. The 20EMA .11cts and volume has been very telling recently. Watch closely to break .14cts recent 52WK high. Dakouli work has been announced in the recent NR today.
Looking to break the 50-day EMA @ $.079c on Monday and then we should make headway to the 100-day SMA at $.108c. After that we have a clear shot to $.20c with pending news and near decade high prices for gold.
Looking forward to next week here, stay healthy everyone!
