Possible entry at $3.90 on break above daily resistance.
Indicators are all bullish but needs a higher volume profile to break out.
Company profile
New Pacific Metals Corp. is a Canadian-based exploration and development opportunity in Yukon, Canada. New Pacific acquired the Tagish Lake Gold Project in 2010 through the 100% acquisition of Tagish Lake Gold Corp., which is continuing as a wholly owned subsidiary of New Pacific. By road, the Tagish Lake Gold Project is located 80 kilometres south of Whitehorse, Yukon and consists of 1,512 mineral claims covering about 254 square kilometres. The property's infrastructure includes an all-weather access road, extensive underground workings and roads to each project, a 300 tonne per day mill, a tailings reclamation site, service buildings and an all-weather 50-person camp.
Only covered by 2 analysts and has a buy rating with a $4.88 target
Indicators are all bullish but needs a higher volume profile to break out.
Company profile
New Pacific Metals Corp. is a Canadian-based exploration and development opportunity in Yukon, Canada. New Pacific acquired the Tagish Lake Gold Project in 2010 through the 100% acquisition of Tagish Lake Gold Corp., which is continuing as a wholly owned subsidiary of New Pacific. By road, the Tagish Lake Gold Project is located 80 kilometres south of Whitehorse, Yukon and consists of 1,512 mineral claims covering about 254 square kilometres. The property's infrastructure includes an all-weather access road, extensive underground workings and roads to each project, a 300 tonne per day mill, a tailings reclamation site, service buildings and an all-weather 50-person camp.
Only covered by 2 analysts and has a buy rating with a $4.88 target
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