Energy News / Media, Inc. News: Positive Drilling Developments Underpin an Upward Technical Trend for Junior Miner

Via: ReleaseWire

Updated 9:56 AM CST, Mon, November 04,2019

Mississauga, ON -- (SBWIRE) -- 11/04/2019 -- Media, Inc. ( announces its latest article titled "Positive Drilling Developments Underpin an Upward Technical Trend for Junior Miner."

Companies mentioned in this article include iMetal Resources (TSX-Venture:IMR).

Article Excerpt:
Gold has cooled off some since surging from $1,269 an ounce in May to as highs at $1,566 per ounce in September, but it certainly is still holding onto the majority of the advance, closing at $1,516 on Friday. Interestingly, last week was the first-time spot gold closed over its 50 day moving average since slipping under it on October 7. In a technician's eyes, this is a bullish signal that gold should be heading higher.

iMetal Resources (TSX-Venture:IMR) also finds itself in an uptrend, rising from 4 cents in June to more than double at a high of 9 cents earlier this month before giving a bit back. Rising to 7 cents on Friday, IMR is following all the rules of a new uptrend by making a higher low and – for students of Fibonacci retracements – holding 50% of the gains.

The full version of this article can be found at:

About is focused on the small-cap / penny stock market and has become a reputable name in the investment community. runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor. also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria looks for includes strong revenues, a seasoned management, innovative business plans, among many others. also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.

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Contact: Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
Websites: /

Note: has been compensated nine thousand dollars from the company for its efforts in presenting the IMR profile on its web site and distributing it to its database of subscribers as well as other services. For a complete disclaimer, investors are encouraged to click here:

For more information on this press release visit:

Media Relations Contact
Peter Szafranski
Email: Click to Email Peter Szafranski