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Aggressively Exploring for Gold in Tanzania
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Message: BMR this morning

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BMR this morning

posted on May 27, 11 01:00PM

Currie Rose Resources (CUI, TSX-V), which we started covering when it was around a dime last September, is one of our top picks in the under-20 cent category going into the month of June…the company’s Sekenke Project in Tanzania runs in between and surrounds two former producing high-grade mines and offers exceptional exploration potential which Currie Rose is soon going to test with a 5,000 metre Phase 1 drill program…we have studied Sekenke in detail and it’s one of our favorite properties – a significant discovery at this project this summer is clearly within the reach of CUI’s geological team headed by Michael Griffiths from Australia…we’ve spoken with Griffiths and he’s like a kid in a candy store when he looks at Sekenke…so the fundamentals are in place here – what about the technicals on the stock?…that’s where it gets even more interesting…John, our wizard of charts, was bang-on with the CDNX reversal and he sees patterns (including heavy accumulation since the end of March) that suggestCurrie Rose is gearing up for a major breakout…it’s 50-day SMA is also just now beginning to reverse and that’s a sure sign of fresh bullishness coming into this stock…

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