Arc Minerals - Ready To Fly?Commodity boom plane is on the tarmac and fuelled! Maybe.... ;)Aby TheDarkEconomist0
3.50p/5.15p target 3rd swing Summer 2020 - BULLISHCheck timeline properly. Every year around spring a swing starts on the upside as we kick start drilling operations. BoD are all aligned with shareholders at a much higher price, why? because they believe in the project. We ask ourselves why they would do a placing now? Because that's what normally mining companies do ahead of drilling as they need the cash. Why BoD didn't go in at a cheaper price? Perhaps they are all inside & can't buy. Bear in mind Directors (non-NED) have all about 10% together. plant operating, high grade oxide deposit drilled (CE) & found massive sulphides. Barrick as potential suitor for the company as a partner Lumwana mine. It processes lower grade ore and has high costs as ore is I believe contaminated with uranium. 100km from Arcm! CEO Bristow likes doing deals. Sees copper as area to move into ALongby vcm110
ARCM - Arc Mineral (Looking to turn up in the very near term)Loads of news due in the short term so should provide the share price the necessary boost it needs.ALongby mrcod720
3.52p / 6.78p price targets - 200ma approach - support heldas we get closer and closer to 200ma & support level is being held I think scaling in is a better decision as we don't know when it will start motoring Zamsort is an amazing asset & worth much more then £18m mcap Hopefully a sale of Casa will give us a nice amount to continue operations for Zamsort. Pretty happy holding & waiting for delivery.ALongby vcm111
ARCM - Long with next target 4.05 if breaks 3.60(ish) resistanceIdentified Key Support area of 2.50 - bounced off this on 25th Jan. Watched and moved above the 50 day moving average with strength on 30th Jan for a good entry (sub 3.00), first resistance zone at around 3.60. Currently battling the 3.60 zone but if confirmation of breakthrough next resistance zone and target looks like 4.05 ALongby Fukurokuju79Updated 0
About to close above T-line / News imminent / Metals risingARCM is looking set to go, MM's are already releasing the brakes on the price. Weekly chart set to close above t-line for 1st time since 10th Sep Indications on chart on resistance levels.ALongby vcm110
break of 20ma daily & book looking good / T-line cross?Starting to make a trend reversal but a litle early to know 100% T-line could well be crossing the 20ma = bullish we need to hold the 20ma and we will have a nice run!ALongby vcm110
Looking good next leg soon - 50ma / SR level support LONGVERY BULLISH HERE 50ma weekly / 200ma daily / SR level / 0.618 fib retrace this should all provide strong support and a bounce from here.ALongby vcm111