Our New Pick Is Amalgamated Gold & Silver, Inc. (BCHS)Hello Good Morning Everyone, BCHS is quite a charm, so much so I felt that a reminder of its sweet gain potential was necessary- much of which could be unleashed today.If you read the main report you`ll know that the setup on BCHS is absolutely sublime. There are several things I like about the play and I`ll go over a few here for the sake of completeness:1. The first is the 12-month trading profile of BCHS which gives us a very good historical representation of where the play could go in event of a breakout. The 12-month high is a whopping $7, which indicates among many things, that BCHS is seen by and large as a top tier, high profile play.
2. The second thing I like about BCHS is its near term volume profile. In the last few days there`s been an influx of interest and this has translated well into rising volume. To put things in perspective, know that BCHS has traded strong with back to back volume north of 2 million shares. Given that average volume is under 400K, this is a huge volume breakout that looks ready to carry.
3. The third aspect of BCHS which really has me excited is the near term momentum. 5-day MA is up 9% and a quick look at the chart shows that after a period of low movement, price is breaking into new valuation territory.
Then there`s the pricing impact of news released Tuesday morning (Jan 21). In it BCHS outlined that it has signed a LOI with Shrewton Investments Ltd., a South African company, to acquire a 70% interest in the St. Anthony (San Antonio de Turiri) antimony mine and concessions located in Potosi, Bolivia.
The price of antimony is now approximately $10,000 USD per metric ton (http://clicks.aweber.com/y/ct/l=P56pI&m=3kU8cWtRDXVaUyP&b=sCclO9noaPJb4EOmb2sHgQ), which makes this mine viable and has the potential to become a world-class producer of high-grade antimony.
I don`t think I have to show you how much this is going to impact market valuation... BCHS is ably showing traders and investors that its growth potential is bona fide.
All this is the reason I want you to give BCHS a clear look today.Happy Trading, For information on BCHS visit: http://clicks.aweber.com/y/ct/l=P56pI&m=3kU8cWtRDXVaUyP&b=5f6Rp4RyGQLgH47UF7P0Kw MVRM-2700% APHD- 370% HRAL-105% DUSS - 200%, POTG - 80% BAC -25% LIMO -90% AGCZ -28%Disclaimer Please Read carefully before buying any stock. www.fastmovingstock.com [ http://clicks.aweber.com/y/ct/l=P56pI&m=3kU8cWtRDXVaUyP&b=xkWSMk7.Kt7BIbtj9Vxb3Q ] has a no tolerance spam policy, we will not sell or re distribute your email to any third party.
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