Welcome To The Marvel Discovery Corp HUB On AGORACOM
Exploring The Future of Green Resources in Canada
Message: From Bull Market Run
Your Vote:
Did you know?
You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)
Dear BMR eAlert Subscriber:
One junior with obvious momentum at the moment - the stock has broken out above a 7-month horizontal channel as you'll see in John's update in today's Morning Musings - is International Montoro Resources (IMT, TSX-V) which closed yesterday (Tuesday) at 9.5 cents.
Drilling has entered the potential "sweet zone" at the intriguing Pecors anomaly. Even the Ontario Geological Survey has stated, based on geophysical, geochemical and other data, that "the potential for magmatic Cu-NI-Cr-PGE mineralization is very high" at Pecors.
So it's not just the bullish technical pattern that has gotten us excited about IMT over the last few weeks (the signals are almost identical to those seen recently in North Arrow Minerals and NioCorp Developments which broke out sharply to the upside as John correctly predicted).
Drilling started near the end of last month at IMT's Pecors Ni-Cu-PGE target near Elliot Lake in northern Ontario, immediately west of the famous Sudbury Nickel camp. In today's Morning Musings, we'll explain in greater detail why this is such a compelling target.
Initially, IMT is drilling 2 deep holes into the heart of this intense and large anomaly which the Ontario Geological Survey believes is more similar to that found at Nickel mines in the Sudbury basin than to that of Uranium and REE discoveries in the Elliot Lake area.
With drilling, money in the bank, technical momentum, and a current market cap of only $6 million, IMT has plenty of room to move higher this month, and is backed by the solid management of Gary Musil who's had impressive success the last few years in challenging markets.
As always, perform your own due diligence.
Regards,
BMR Research Team
One junior with obvious momentum at the moment - the stock has broken out above a 7-month horizontal channel as you'll see in John's update in today's Morning Musings - is International Montoro Resources (IMT, TSX-V) which closed yesterday (Tuesday) at 9.5 cents.
Drilling has entered the potential "sweet zone" at the intriguing Pecors anomaly. Even the Ontario Geological Survey has stated, based on geophysical, geochemical and other data, that "the potential for magmatic Cu-NI-Cr-PGE mineralization is very high" at Pecors.
So it's not just the bullish technical pattern that has gotten us excited about IMT over the last few weeks (the signals are almost identical to those seen recently in North Arrow Minerals and NioCorp Developments which broke out sharply to the upside as John correctly predicted).
Drilling started near the end of last month at IMT's Pecors Ni-Cu-PGE target near Elliot Lake in northern Ontario, immediately west of the famous Sudbury Nickel camp. In today's Morning Musings, we'll explain in greater detail why this is such a compelling target.
Initially, IMT is drilling 2 deep holes into the heart of this intense and large anomaly which the Ontario Geological Survey believes is more similar to that found at Nickel mines in the Sudbury basin than to that of Uranium and REE discoveries in the Elliot Lake area.
With drilling, money in the bank, technical momentum, and a current market cap of only $6 million, IMT has plenty of room to move higher this month, and is backed by the solid management of Gary Musil who's had impressive success the last few years in challenging markets.
As always, perform your own due diligence.
Regards,
BMR Research Team
3 Recommendations
Loading...
Loading...
New Message
Please
login
to post a reply