RE: Gcat30 Jun 2023 18:06
Keeping my eyes open closely here this next week too. After the finance issue crash back in January, they have managed to sort finances out, stabilised and are now doing 2 gold pours per week. Nice twitter updates keeping interest going, photos of gold to keep people happy lol
completed purchase of another project, Nyakafuru, with details of JV to follow in 'the near future'- from rns 22 june
it now appears to be in a slow steady weekly uptrend, ongoing since end of march - hopefully will go all the way back to the old 0.6p+
but I'm looking to ride the waves as it were within that uptrend, currently on a daily downtrend, I am estimating that will bottom out in a few days time. Then if the weekly uptrend continues it will bounce on the daily chart and start rising again - estimating to get in around 0.35
will sell on the rise at 0.45 ( if trends continue it will go higher than that, but that is nice 28% and with spreads etc that should be fairly safe bet ) and then watch for the next wave
I nearly bought in today - almost carried away by some friday fomo movement - but stuck to my guns and in the end it is still going down on the daily
all theory of course