Aug. 17 at 8:35 PM
$MSMGF
Grid Metals appears to have broken out of a nice bull flag today around the
$0.105 level, and importantly, the move is coming with a significant increase in volume. Highest Close since January, and only a few closes over
$0.105 in the last few years. Seller supply should be about gone imo and the stock should start true price discovery imo.
If
$0.105 holds as new support and volume remains elevated, the chart looks like it could have a relatively clean path toward the
$0.15 area.
The timing is particularly interesting with the Falcon West MRE still ahead,
$5M cash, Avenir/Agnico
$AEM now involved, final assays released, and multiple funded strategic partnerships across the portfolio.
Fundamentals + catalysts + expanding volume + technical breakout.
Let’s see if it confirms tomorrow.
$GRDM.V
