SPOT.V -- Oversold, in historical support zone; Good risk/reward

SPOT.V utilizes AI for drill targeting in resource mining. Getting a lot of business during this busy mining season. Lots of news flow. They're getting paid both in cash and in stock in some prolific junior miners like NFG.
Currently, getting oversold and hitting historical support zone at .125 - .13. Good risk/reward here, IMO.

Commento:

Last quarterly financials show the company has achieved first operational income and had ~ $10M in cash and investments. That was as of March 31, during a major dip in gold/juniors. It is safe to assume that figures has gone up considerably since then, likely exceeding its current $12M market cap.

Trade chiuso: obiettivo raggiunto