SIR, SBW, IMT; Down Trend Broken

Resource penny plays breaking down trends today:

Serengeti Resources (SIR in Canada, SGRNF in the U.S.):

It looks even better if trading to $0.17 or above per the longer-term down trend.

We have shares at an average cost of $0.155 and a stop in mind if it trades below $0.13


Strongbow Exploration Inc. (SBW in Canada, SBWFF in the U.S.):

We have shares at an average cost of $0.17 and will stop out if it trades below $0.10


International Montoro Resources (IMT in Canada, IMTFF in the U.S., 04T in Frankfurt):

We have shares at an average cost of $0.045 with no stop planned


These seem reasonable speculations to us, with the obvious, usual and appropriate caveats in mind. 

All prices above in Canadian pennies.



PLEASE READ DISCLAIMER AT BOTTOM OF PAGE