Asiamet Resources - Consolidation Phase Breakout Expected Soon.2nd phase of consolidation, expecting breakout to be triggered by heavy news flow from further drilling data and feasibility study related data (FS expected early 2018). Soon to enter development phase and popular copper related stock. Stock tightly held and moves quickly on light volume.
ARS trade ideas
ARS - Oversold, heavy news flow on the way.Indicators suggest over sold with support from 200MA. News flow due shortly relating to licence conversions/extensions on Jelai gold asset and Beutong copper asset which could buck a change in the over all trend. BK copper asset drilling updates also expected. Very tightly held stock and moves very fast when volume arrives. Good long term play for those wishing to benefit from macro environment and copper market deficit in next couple of years.