Yesterday’s profit taking volume was lower than the spike which is bullish. We may see a couple of days accumulation before the next run or even a spike if they are expecting results sooner on the platinum/vanadium fronts. Holding over 50 is very bullish me thinks.
The results were initial assays of the RC drilling programme and as said in both recent announcements, they are working on 3 fronts and could expect some news/results anytime.
A plus for NIP is that all these work is in homeland, unlike many other specs spiking these days. Cheers
NIP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held