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Research Pit
Posted On: 02/21/2014 8:11:48 PM
Post# of 579
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Posted By: Doubloon

More Moves In The Sheslay Valley:  Alix Resources Corp. (AIX, TSX-V) Acquires Claims Contiguous To Northern Borders of Sheslay, Grizzly & Hat


An interesting development this morning in the Sheslay Valley area play…we thought others had the inside track on this, but upstart Alix Resources ( AIX, TSX-V ) has acquired strategic claims from a private company contiguous to the entire northern border of Prosper Gold Corp.’s ( PGX, TSX-V ) Sheslay Project, the northwestern corner of Garibaldi Resources Corp.’s ( GGI, TSX-V ) Grizzly Property, and the northern border of Doubleview Capital Corp.’s ( DBV, TSX-V ) Hat Property…a “hat trick”, so to speak, for Alix …this news just hit the wire a few moments ago… AIX is up half a penny at 3.5 cents as of 7:45 am Pacific …we’ll have a chance to report on the significance of these claims Monday…


In the meantime, below is a “big picture” view of AIX from a technical perspective with a 4-year weekly chart just produced…the ADX indicator shows a bullish overall trend, the 50-day SMA has reversed to the upside after being in decline since November, and RSI(14) is well positioned to climb higher…there is chart resistance at 5 cents…as always, perform your own due diligence…



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