As has already been pointed out, the chart looks very interesting, technically. I have a smattering of junior resource stocks besides this one, and even though gold is at this time just another unmentionable four letter word, a few companies that have significant and very promising projects (e.g. GBG Great Basin Gold), are doing very well.
There is no question that this company's projects are among the most promising in terms of sheer potential tonnage, probably reasonable cost to mine(even at $250 gold, and fine infrastructure, to mention a few. I would expect this current, and very encouraging move, to continue for some time. Seasonally, we are also entering a favorable time period for the junior resources, as well, having escaped the typical summer doldrums. I remain quite hopeful that Mdhm will be one of my winners.
Regards
Dan |