GTM giants reef mining limited

ascending triangle?

  1. 617 Posts.
    GTM looks to have formed an ascending triangle.
    A breakout is possible from here to a new 52 week high.

    Mine production is only a couple of moths away now.
    Soon we will have a new good gold miner in our depths.

    I say good as production will be around 14gm per tonne
    with a resource open at depth and to the west.

    With the talk of an increased gold price also will benifit
    GTM as not all gold is forward sold and there is a good
    chance of a resource increase at Chariot.

    Rgds,mode.

    Ps: what do other chatists think about chart?

 
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