I have been checking on this stock since it was mentioned on this board a week or so ago. Talked to my broker this afternoon after mkt close. Technicals per his cursory review show a "buy" signal at .33 with resistance at .47 and again at 1.29. Placed an order for tomorrow morning. Looks good to me. Look forward to what is heard from the company. Volume up today. Debt has been converted to shares. It looks like the mine will produce.
I like the prospects of this, too. Looks good for a small play for speculative money.
The floor looks to be established at 30 cents. Not much downside from today's 32 cent close, unless of course that floor is broken.
If PCFG starts picking up volume and gets a few white-candle days, then I agree it might be worthwhile to add to your position at .33-.35. I might add some trading shares at that point.
To whomever mentioned PCFG on this board: thanks for the head's up. It definitely is extremely speculative, but it appears that they're at least somewhat committed to developing the mine. We'll see how it all shakes out.
BTW, AZK is looking funny these days. The double top reversal at the $2.30 price level cannot be ignored. Also, the dark cloud cover formation doesn's bode well for the rest of the week. There looks to be some small measure of support at $2.10, but I wouldn't count on it to hold up.
This may break down to the $1.93 range again. If that level cracks, then who knows where it could end up.
I don't know how many people are daytrading this, but I just thought I'd share my insight in case anyone's interested.
Im making a small move for 1000 shares tomorrow. At this price I cant ignore it. I sent them an e mail John as to what you told me to try to get from them. If I dont get anything by tomorrow afternoon Ill give them a call. I will let you all know what happens.
I don't have time to do dd but I have two thoughts on the mine name.
If it works out it is a really cool name to drop in a bar.
However if it a scam or something I can see a lawyer arguing "How could anyone consider this as a serious investment, they called their mine Golden Wonder Mine. The stock certificate came with a free bridge."