Saturday, August 21, 2010

TRE Weekly Chart and Some Lines

TRE is an almost pure gold play - but also diamonds, nickle.  As with many mine exploration companies, there are varied opinions on their value.  With many stratospherical predictions to the price of gold in the long run (let alone the last 10 years!), the fundamentals to this stock have good footing.  Technically there is an interesting pattern that has been established and maintained now since October '09.  Continues to be rather bullish.


I had the pleasure of spending time in Tanzania in the early 90's for a gas to electricity project - conducting route alignment, river crossing, and EIA work.  Many memories from those trips.  I will continue to watch and learn.


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