LONG GLDN:TSXV - Golden Ridge Resources: Grinding Upward.
GLDN:TSXV - Golden Ridge Resources: After some heavy buying this morning pushing us up to $0.195. The range $0.19 - $0.195 had a bit of history as resistance back in October from the larger down move. That said the chart is still very bullish and with Gold ripping to 5 year highs there are nice tailwinds for continuation. The 50dma is about to cross the 200dma tomorrow, giving us a golden cross of the averages. #GOLD #goldentriangle GLDN.V
Near term Catalysts:
Drilling commenced on June 14, nearly a month earlier than last year, this drilling season is working on last years very promising finds that propelled the stock up 200% into the 50c range. This drilling season should see similar results and will be reflected in the stock price, the land they own was previously Barrick Gold's which sat un-explored for 20 years. Speculatively, In the future this could be bought back.
GLDN
Near term Catalysts:
Drilling commenced on June 14, nearly a month earlier than last year, this drilling season is working on last years very promising finds that propelled the stock up 200% into the 50c range. This drilling season should see similar results and will be reflected in the stock price, the land they own was previously Barrick Gold's which sat un-explored for 20 years. Speculatively, In the future this could be bought back.
GLDN
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.