tindog
More good gains for PEM today.
Its break above the medium term down trendline after sp bounced off support around 3.50, provided an excellent opportunity for entry.
There was a slight convergence on the MACD just befor reversal.
Price momentum is definitely on the improve from being very oversold. Stochastics are crossing up
Looks to be trading in a sideways range between 3.50 and 5.20 but proving good ann are forthcoming sp could break upwards past this range.
Entry now should yield a return of around 25% by the end of the year or sooner.
Diversified miner with international exposure.
In production and showing good profits.
100% owned Potasi should be in production later this year plus other resource developments in the pipeline.
Cheers