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Newmont tie-up can propel Greatland Gold shares to 0.6p, claims Zak Mir

After today’s tie-up with Newmont Mining Corp (NYSE:NEM), Greatland Gold PLC (LON:GGP) could almost double its share price in the coming few months, so says technical analyst Zak Mir.

“We already had a spike to the upside at the beginning of the year through the 200-day moving average and the shares have basically been above that ever since,” explains Mir in the latest Proactive Investors Bulletin Board.

“While we hold the 200-day line, [we’re] looking for a push towards the top of this rising January trend channel at 0.6p over the next three to four months.”

 

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