Riding The Gravy Train: SIR, SBW, IMT; Down Trend Broken

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Wednesday, October 17, 2018

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.



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