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(EMAILWIRE.COM, August 26, 2011 ) Belize City, Belize: What is also interesting, as the average gold index dropped today, yes long term feature play TRMNF, TRM.V climbed 4% showing that there is an upward buying pressure mounting and can trigger a major breakout anytime.
This also confirms the theory mentioned yesterday that junior mining companies need to still catch up to recent gains by Gold Prices. As Gold is expected to bounce and push higher, junior mining companies like TRMNF, TRM.V will push even higher.
Chart comparison: http://www.24hgold.com/24hpmdata/articles/img/20110823CLA07471.png
What is expected to see in the chart above is the MJGI closing the gap and move higher towards the Red (Gold index) line.
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This means on average a 250% increase for junior mining companies just on market forces alone. Companies like TRMNF which has unique properties and technology, we expect even higher than the average increase
TRMNF, TRM.V is definitely getting some increased interest with increase trading volumes
Closing at $0.14, TRM.V just breached the short term moving average line, showing that the trend is turning to bullish and with any monster news can get this to pop big time
Even Terry Bradshaw of Today in America agrees that TRMNF is a solid investment with impressive mining technology http://www.youtube.com/embed/Zsiaqi0bmvE
About Trueclaim
Trueclaim Exploration Inc. is a mineral exploration company listed on the TSX-Venture Exchange. Trueclaim is engaged in the acquisition and development of precious and base metals properties in strategically located areas, currently within Ontario and Arizona
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Compensation: Ourhotstockpicks has not been compensated for the profile of TRMNF.
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Max Gordon
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contact@directglobalmedia.com
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