Globestar Mining Corp. Trend Analysis.
Chart is courtesy of marketclub.
GlobeStar is a copper and gold producer with operations in the Dominican Republic. GlobeStar’s Cerro de Maimón operation is the first copper-gold mine in the Dominican Republic and the Caribbean Islands. Construction was completed and commissioning took place in October 2008 and the low-cost Cerro de Maimón mine and processing facilities (both sulphide and oxide plants) are forecast to produce approximately 25 million pounds of copper, 12,000 ounces of gold and 553,000 ounces of silver during 2009.
GlobeStar is engaged in the exploration and development of copper, gold and nickel deposits in the Dominican Republic and in the acquisition of copper and gold properties in major Latin American mining districts.
The company also has a portfolio of industrial minerals properties which includes several limestone deposits in the Dominican Republic and a lithium pegmatite project in Quebec, Canada.
GlobeStar is committed to the highest ideals of leadership in the areas of sustainable development, environmental responsibility, safety and health.
GlobeStar began trading on the TSX in January 2007 (symbol GMI). The company has its head office in Toronto, Ontario and operates in the Dominican Republic through its wholly-owned subsidiary, Corporación Minera Dominicana, with an office in the capital city of Santo Domingo.
YeOldGoldNugget's links of interest
- New Video: As the Dow Goes, So Goes the Country
- New Video: Has the dollar bottomed out?
- New Video: Crude Oil: Lower Levels Ahead?
- New Video: It’s Official Silly Season for Gold
- What do supertraders have in common
- Two Major Forces Collide in the Index Markets
- What’s Gold’s Next Stop?
- Introducing the Perfect Portfolio
- Free Email Trading Course Copy
![Live 24 hours gold chart [ Kitco Inc. ]](http://www.kitco.com/images/live/gold.gif)
.png)
1 comments:
Hmm. Still waiting.
below 0.90 again is sell signal and move on.
if this nears 1.10 and more again...watch volumes and see if we get a bigger volume >200K and look if this breaks out.
those with lower entry's can add and sell at the top later.
This chart however is not my favorite.
Post a Comment
Make new friends but keep the old ones, one is silver and the other is gold.
Although gold and silver are not by nature money, money is by nature gold and silver.
With those quotes, YeOldGoldNugget invites you to post a comment.