BTR trade ideas
btrjust a comparison of the standard 20/50/200 ma commonly used, the right is vdub config showing the 90 ema . Wise to use both to see the game.
BTRbeen a laggard but new management, the MKO team. added another drill for total of 7 turning. Processing 2 bulk samples at their mill now and results to come. Rounding bottom with bit of uptick volume.
$BTR $BTR.V Long and StrongWhy, because I'm a masochist... Like the base now give me the race. BUY VALUE
This is averaging down on a longer term holding will take off 1/2 at 1.10 ish. Tight stops
Bottom fishing this. $BTR.VStop at 1.52 but looking for a bounce sooner than later. Likely takeout target.
BTR BTR.V Completed a cup and handle - ready for more upside? The Chart:
Looking at how this has been beaten down in the last year is quite something! After bringing an interim CEO in, consolidating the share structure and drilling out their properties, upside has started to be realized. Looking at last fall, a similar cup and handle came into play. Note, that this was without a rallying POG, and with a larger float. I remain very bullish going forward!
Brief Background (follow up with your own research!):
This is, by all indicators, a very technically sound gold play in the heart of the urban windfall area.
They hold the only mill in the area. $OSK is located in the same camp (no mill though). BTR has defined approximately 2.1 Million ounces in the ground. Highlights include three flagship deposits, one of which, remains open in all directions.
KL.TO has invested into the recently closed private placement. This private placement raised a massive 32 million. Share count is small, and held tightly by all indications (level 2 is extremely thin - insiders have kindly purchased on the market at times as well).
Greg Gibson recently appointed CEO, a friend of Eric Sprott.
BONTERRA RESOURCES RALLIED AS HEDGING STEP SUP. BonTerra Resources Inc. is a gold exploration company. Its projects include Gladiator, located in the Urban Barry Greenstone Belt, Abitibi subprovince; and Larder Lake Gold, located in eastern Ontario.The company was founded on May 1, 2007 and is headquartered in Vancouver, Canada.
Short term trade in Bonterra Resources. POSSIBLE 11% UPSIDE FOR A SHORT TERM TRADE WITH $2 TARGET AT THE FIB GOLDEN POCKET.
BonTerra Resources Inc. is a gold exploration company. Its projects include Gladiator, located in the Urban Barry Greenstone Belt, Abitibi subprovince; and Larder Lake Gold, located in eastern Ontario.The company was founded on May 1, 2007 and is headquartered in Vancouver, Canada.
bonterraold mismanaged metanor. sprott, kirkland insiders. sprott just added 27 mill. good grades, in ontario with osisko near and kirkland with looking for new reserves.....low shares , ready to go
bonterra basing, share consolidation done, sprott /kirkland insiders, nice gold grades, new management, producing......
