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Gold/Mining/Energy : Oro Gold Resources

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From: TheSlowLane3/23/2010 11:56:44 AM
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Oro has by now clearly broken out of the downtrending channel it was in from June '09 until this March. The stock gapped over the top of the channel, retested the top of the channel to confirm resistance as support and tried but was not quite able to fill the gap. So there's about a two cent gap still open but given the volume coming in to the stock it looks less likely to happen now, imo. All of these developments and now the c&h forming are a good technical setup for some news on the fundamental front, like a feeder zone in hole 43. Don't know that it will happen but that is what they are seeking. There are some new materials on the web site and Darren B's phone number is now listed too. Good to see...
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