Roxmark has confirmed that a new intermediate bull trend has begun. All this was accomplished within the last three days when RMK significantly pushed higher and away from it declining 200 day moving average line at around 10 1/2 cents. Premier Gold(PG) some days ago traded above key resistance at $1.85 and has been trading higher with a last of $2.43. Since they are partners with three drills spinning away one would think, with both exhibiting superior relative strength against the group, that positive news is on the way. Expect some resistance on PG at the 3 level and to a lesser degree, resistance on RMK at 15 cents. In the meantime, PG has some more room to run and hopefully, will assist RMK to pass resistance at 15 cents and take a shot at the 20 cent level.
For new investors in RMK, probabilities greatly favor you in buying Roxmark on any weakness.