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BRB - Breaker Resources

Discussion in 'Stocks 0-H' started by System, Apr 20, 2012.

  1. System

    System Administrator

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    Breaker Resources NL (BRB) was incorporated in 2010 to pursue new opportunities for gold discovery in the emerging Yamarna and Burtville Terranes, located in the eastern part of the Eastern Goldfields Superterrane, Western Australia. As a result of a successful "early mover" tenement acquisition strategy, Breaker is now the largest tenement holder in the Eastern Goldfields Superterrane, with eight 100%-owned Projects with an overall area of 5,541km2.

    http://www.breakerresources.com.au
     
  2. AllAussie

    AllAussie Active Member

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    When is BRB due to start trading on the asx?
     
  3. System

    System Administrator

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  4. ukulele

    ukulele Well-Known Member

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    No reply's since 2012. But have a look at that chart!!! Really kicked off after the announcement on the 13th of Sept.

    I do not hold.
     
  5. Kingofclubz

    Kingofclubz Member

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    Yeah i have had this on my stock screener recently too, has had a nice solid breakout.

    Check out the chart, is this the perfect setup that penny stock traders/traders in general look for to enter?

    volume, consolidation around a support level, then the breakout? This is my guess but i could be wrong, still a noob with technical analysis.

    3 Month Daily chart BRB

    *If anyone is interested in helping or exchanging knowledge with charts/technical analysis send me a message, very keen.

    brb.png
     
  6. ukulele

    ukulele Well-Known Member

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    Personally not game to trade it. Maybe on a pull back?
     
  7. ukulele

    ukulele Well-Known Member

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    Now in a trading halt. Perhaps they struck gold, literally!!! Just look at that price action prior to the halt, insider trading perhaps?
     
  8. ukulele

    ukulele Well-Known Member

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    Interestingly enough BRB comes out of a trading halt and issues a please explain regarding the Australian article published on the 23rd of Sept.

    Article here:
    http://www.theaustralian.com.au/bus...y/news-story/9999a1177f0319f3e0171da5d2732463

    Even though it doesn't make any new announcements of findings, some huge buying late in the day pushed it to a fresh 52 week closing high. I wonder if this is going to be a pump and dump or have they actually hit something here? I do not hold.
     
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