Previous post on MEX here.
Mexican Gold Ready to Go
A PEA is expected in the next week or so. Palisades exercised 4 million warrants out of the money. If you did this transaction yourself, you would have paid 18 cents per share for shares trading at 11.5 cents yesterday. They didn't buy their warrants, but it's a notable move. The chart is also screaming for an eventual breakout. I have a big position in the warrants. I should point out I'm not terribly sold on the fundamentals yet, thought the PEA could change that. Rather, I like the chart and that there are tradable warrants. Warrants expire in July 2024.
All Around the Mulberry Bush
If it holds in this consolidation pattern, Moneta is setting up for quite the pop when the bear move in gold miners completes.
Harfang on Sale
Harfang is down to 29.5 cents as I post. That puts it right around major support. Conversely, a clean head and shoulders pattern has completed. tie goes to the dominant trend which is a bull market. Harfang is at a 50 percent discount from its March high.
Still Time to Climb Aboard
This one won't stay cheap through summer if gold moves higher. There are 50 million warrants to convert at 16 cents, but that's over in August. Prior post here.
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