From my watch list:
Auryn Resources $AUG #TSX was mentioned a few weeks ago at $1.53. The stock continues to trade between $2 and $2.34. It is currently at $2.02, bottom of the range. Charting it shows that if it breaks $2 it could retrace back to the $1.75 range where there should be support. The company is very active and news could drive it higher. I'm looking forward to their 2 drill programs later in the year.
My small buy position at $1275.89 ended up closing for a profit, the position closed at $1288.72. I'm currently in a GBP/JPY currency trade, I shorted it at 142.976, so far so good, it is currently trading lower at 142.631.
I'm still holding my position in World Class Extractions Inc on the CSE exchange. Symbol is PUMP. It is trading .19 today and investors are supporting it in the .18 - .19 range. It trades lots of volume, and has to do to the large float.
On April 16th they announced the acquiring of Quadron Cannatech Corporation and on May 2nd Quadrom announced its next generation hemp and cannabis extraction system.
"World Class Extractions Inc. (CSE: PUMP) (“World Class” or the “Company”) would like to congratulate Quadron Cannatech Corporation (“Quadron”) on its introduction of the Big BOSS, the latest model of Quadron’s automated, next generation hemp and cannabis extraction system. According to Quadron’s press release dated May 1, 2019, the Big BOSS provides the same advantages as the distinguished BOSS, but with significantly larger processing capabilities. The Big Boss is capable of processing up to 3,000 lb biomass per day, which translates to 66,000 lbs biomass processing per month (based on operating the Big BOSS 5 days per week), and nearly 800,000 lbs biomass processing per year."
Treat this section as a very opinionated BLOG.
I do not provide trading advice and you should do your own research.
|