RNX 14.3% 0.6¢ renegade exploration limited

Was thinking the similar mate, would be convenient for the...

  1. 680 Posts.
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    Was thinking the similar mate, would be convenient for the underwriter should no news be available prior to Friday's closure date........

    Agreed, Gold looking real good cutting above and currently holding the 200day SMA. Lets see where it closes overnight.

    Zinc, breakout of previously drawn flag pattern turned out to be a fakeout, though still holds LT sloping support and overall uptrend. Personally expecting a bounce from here (time will tell). A recent Reuters article below may be of interest to some.....

    --> Commodity hedge fund Blenheim sees upside in copper, zinc
    "..... a near-term shortfall is deepening due to a strike North America's second largest zinc plant, Noranda , and floods in Peru, the world's second biggest zinc miner."

    Global inventory continues to fall......
    lme-warehouse-zinc-30d-Large.gif

    OVR stable amongst the right commodities and seemingly at the right time, Fundamentals/Sentiment remain bullish......Bring on the news flow!


    GLTAH
 
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