Minera Share Discussion Threads

[hazl] 05/2/2015 12:54

pleased to see it break through the 4p barrier

[haydock] 05/2/2015 10:34

hxxp://www.ichimokutrader.com/
We are in the cloud & the chart looks positive, at least to my simple view.

The top of the cloud is about 5, so we could go above.

[bikwik] 05/2/2015 09:59

Yes I agree, chart looking good.

Looks like we are trying to break higher up out of a bull flag, rather like MIRL did last June. Notice the similar position of the rising MACD. Going over the zero line reflects a bullish trend, while below zero indicates a bear trend. The MACD is the red line, the blue is a 9 day exponential moving average.

Though some of you may say that the RSI is overbought, that is true, however, an overbought state is also a sign of strength. The RSI, in this case, can stay in the overbought area for days or weeks, possibly months. However, we shouldn't count our chickens yet. Still it is looking good.

I have drawn a bull channel in blue, where one could reasonably expect the share price to travel now that it is in a rising trend.

I did notice that there were hardly any gold stocks in the blue first thing today. However, MIRL stood out as the only riser apart from I think Petropavlosk. So, clearly it has upside momentum pretty much all of its own.

It shouldn't meet much resistance until it gets to the 4.75p to 5.25p area where there may be some sellers who bought within that range between October and December last year. If it overcomes that, then I suppose you have to be looking at 6.00p-6.25p.
BIK

[hutch_pod] 05/2/2015 09:58

Thanks Bikwik!

[bikwik] 05/2/2015 09:45

free stock charts from uk.advfn.com

[kirk 6] 05/2/2015 09:40

chart looks might good as well

[goldenshare888] 05/2/2015 09:39

looking good...

[loadsamonay] 05/2/2015 09:26

yes, not many trades and mostly sells, and we're ticking up... I wonder...

[kirk 6] 05/2/2015 09:20

rising like a brick out of hell. maybe some news has leaked regarding a deal

[kirk 6] 04/2/2015 18:25

Going up again

[loadsamonay] 28/1/2015 16:25

Spread is just typical small cap spread.

Can only see the outlook improving here as POG increases. QE in Europe added to QE in the US and UK - will strengthen gold.

[haydock] 28/1/2015 16:20

This has performed well today.

Can somebody explain the spread ?
0.05p ????
MM's having fun ?

[loadsamonay] 28/1/2015 13:12

Rio Tinto hold 19%

POG going up these days. This site is all permitted and ready to go... Someone is going to step in and get it, either through financing MIRL or otherwise..

[rescuer] 28/1/2015 11:21

Peels are still walking this, they moved up as sole MM again, can't see them getting any meaningful stock until at least 8p.

r

[rescuer] 28/1/2015 10:43

haydock - mmm

my take (and I'm invested) is that either we've dropped SETs trading as we are below the £10m or the MM's wish to walk this up with a view to a placing at a higher level.

All IMHO of course.

best of luck all,

a cracking longer term investment here IMHO

r

[haydock] 28/1/2015 09:58

When you see 2 deals adding up to £27.000 in a busy morning, you can guess the cat is out of the bag & mirl is alive & kicking with the mine finance in place.

[rescuer] 28/1/2015 08:11

cheers Kirk

[kirk 6] 28/1/2015 08:07

no not sets anymore. Currently in auction though with Peels desperate for sellers. Could see 8-10p realisitically within the next few sessions

[rescuer] 28/1/2015 08:04

anyone - are we still SETs traded, Mirl didn't go into auction this morning.

ta

r

[kirk 6] 27/1/2015 19:08

Yes don't disagree it may take months to get back to 60-80p. Still fully paid shares for me so even if it takes a full 12 months I will wait for 80p

[greenrookie] 27/1/2015 19:02

Potential bowl formation but agree, it will take time Hutch

[hutch_pod] 27/1/2015 17:45

First stop 6-8p possibly more realistic.

[kirk 6] 27/1/2015 16:27

gold flying up again today this will hit 60-80p again soon

[hazl] 27/1/2015 09:30

!! go MIRL go for it

[hazl] 23/1/2015 13:11

thats gold stocks for you....crazy