TRLR Issues News On IGP Project
By now you must have time to conduct your research into TRLR as well as studied my chart of this pick. This bottom bouncer has been consolidating for several days and up trending for the last couple of trading sessions.
Now this morning the company presented new market information that is likely going to attract much more attention to the company. As you know from my report and your research into TRLR, the company holds interests in Chile for its IGP project.
The economic environment and local government have always known to be keys to the success of a business operating in a given geographic area. In fact it’s refereed to as PEST in business classes (Political, Economical, Social and Technological).
In the case of TRLR, the PEST analysis will does show a positive result. The news release from this morning further explains how as well as the fact that the company has been able to attract a group of Private Equity to visit its IGP project.
Read the news below for the full press release and if you missed my initial report, please find the link to it below as well.
“TRLR reports on political and economic factors in Chile that further continued investor and corporate confidence relating to the mining climate in general, and to the IGP Project in particular.
Chile’s well defined mineral endowment continues to attract significant capital investment primarily due to the capability of its existing infrastructure enabling products to access markets, the capacity of its human capital resources and its stable political and economic systems. A recent report issued by Behre Dolbear Group Inc. – which has compiled annual political risk assessments of the key players in the global mining industry since 1999 – Placed Chile behind only Australia and Canada as the best mining jurisdictions that reflect conditions that promote investment growth in the mining sector.
The economy of Chile is one of the most stable and prosperous in South America with the highest GDP per capita in Latin America. Mining is one of the pillars of Chile’s economy and the government strongly supports foreign investment in the sector, and has for decades worked to modify its mining industry laws and regulations to create a favorable investing environment for foreigners. Because mining is a key component of all economic activity in Chile, representing more than 20% of its GDP and generating direct employment for approximately 110,000 people and indirect employment to more than 500,000, it is a highly desired jurisdiction in which to do business and invest capital on an international basis.
During a recent trip to Chile, Trulan CEO, Robert Rosner took members of a private equity group to the site of the Company’s Iron-Gold-Platinum project and stated, ”Because mining is so important to the economic well being of Chile, it is much easier to attract the necessary investor capital to take a property from the discovery stage into production. The government understands the positive correlation between the country’s increasing wealth and the prosperity of its mining industry.”
Gold is of particular interest in Chile recently and gold exploration activity is projected to see 200% to 300% growth in the next five years. This bodes extremely well for Trulan, from an investment standpoint, seeing as the Company recently announced an in-situ resource of 1,764,112 oz/au contained in four known ore bodies on the IGP property, with extensive ongoing exploration potential in untested zones.
About Trulan’s IGP-Iron-Gold-Platinum Project
Trulan recently entered into an agreement to acquire a 100% interest in the IGP Iron-Gold-Platinum Project (“IGP” or the “Project”) in the IV Region – Region de Coquimbo – of Chile. The relatively small region has a long history of mining and several operations are currently in production, including the Los Pelambres Deposit, which is the world’s fifth largest copper mine.
The IGP Project totals 885 Hectares (2,186 Acres) of wide spread mineralization and ore bodies that contain high grades of Iron, Gold, Platinum and high value industrial minerals. There are eight known deposits in close proximity which have been tested to the point where an Indicated Ore resource has been delineated. The IGP comprises of four ore bodies with an Indicated Reserve in excess of 247M Metric Tons. Each of the four deposits have not been fully tested to determine ultimate size and they all remain open on all sides and at depth. Further exploration beyond the zones outlined to date is needed to realize the full extent of the mineralization and total size of the Ore bodies.”
Don’t wait much longer; the news is likely to spread very fast. The Level 2 is already looking very bullish as of this writing.
As always, if you have any questions, email me.
TRLR, The Technical Analysis
Good Morning Fellow Traders
I wanted to share with you my technical analysis of TRLR and here is my annotated chart below.
1) After a downtrend, support has been established in the 0.008 range over 15 consecutive days. TRLR is moving up following its uptrend and getting supported by the 10 & 20 MA both acting as an interesting support area. A crossover of those Moving Averages will signal an interesting rally.
2) MACD extremely bullish as it is trending under the zero line. Histogram is also giving the green light as it has moved from a bottom position back up toward the zero line, signal that uptrend is in sight.
3) CCI is unconditionally bullish after a multi-day divergence and reached the 100 mark and traded over, has now declined and is ready to crossover the 100 mark for another market bullish impulsion.
4) RSI also has crossed the 50 mark entering its buy zone at 50.58 and ready to go higher, confirming our scenario.
We’ve got here many signals for TRLR. This pick has been trending up nicely for the last few days and consolidated from its bottom for several days now.
As always, use my golden rules when entering a trade and make sure you take position early and use the golden rules to adjust your position as the trade progresses.
TRLR Is Mining for Gold, And Finding It!
Good Evening Fellow Traders,
First off, I want to bring to your attention the chart (that I will further explain a bit later). Can you see the last couple of days? Can you see the consecutive green close and the areas of support established?
Now that you see it, let me tell you why in this instance it’s good. Basically TRLR is coming off a bottom and has been testing its lower limit. Last few days it’s been taking off slowly slowly while testing it support areas.
I am going to be sharing my chart analysis with you a bit later, however, I want to make sure to send you this first report so you can get started on your research.
Mining and natural resource exploration is one of those sectors that can turn small companies into overnight successes and as a trader you want to always be in the mix, ready to pounce on this sort of transformation.
My latest find is a company that has just reported finding 1.7M ounces of gold present on its most recent project.
Those 1.7M ounces has an estimated market value of $2.6B.
That’s $2.6B with a B…not a type-o. Investors are slowly opening their eyes to this grossly undervalued play but I want to help you open your eyes….and faster, before the opportunity slips away..
TRLR (Trulan Resources Inc.) is a Nevada based exploration and mining development company with a focus on Gold, Silver, and Platinum Group Metals (PGM) projects in North and South America.
TRLR and its management team have evaluated several highly prospective properties that have shown excellent promise for the establishment of near term mining operations, in addition to highly anticipated exploration potential.
TRLR is committed to the acquisition of properties that have previously undergone significant exploration and work programs, and where a comprehensive data package exists.
TRLR is now a major supplier of clean energy to the grid. It has done this largely through the conversion of waste heat captured from landfill-generated methane gas generator engine exhaust and radiator jacket coolant systems.
- TRLR recently signed an agreement to acquire a 100% interest in the IGP Iron Gold Platinum Project (“IGP” or the “Project”) in the IV Region – Region de Coquimbo – of Chile. The relatively small region has a long history of mining and several operations are currently in production, including the Los Pelambres Deposit, which is the world’s fifth largest copper mine.
- TRLR recently reported 1,7M ounces of gold present on its IGP Iron-Gold-Platinum Project in Chile. Using a cut-off market value of $1,500.00 per oz, the Indicated in-situ Gold Resource is currently valued at $2,6B.
- TRLR has seen strong interest from private equity backers eager to help finance its explorations. Recent site visits to Chile saw key members of a specific private equity group accompanying management on the trip. This private equity group is interested in potentially financing a mining and processing operation to exploit the four known ore bodies
- TRLR recently reported that magnetite in the four deposits of the IGP contains 62% iron ore. Based on spot market prices for iron ore and calculating grade, tonnage, mine life, production costs and recovery rate, the iron ore contained in the known deposits has a present market value of $2,9B.
- TRLR has been generating realizable gains on a positive momentum which saw market valuation jumping more than 23% recently!
- TRLR, at current market valuation, has a RSI of 40.56. This indicates exceptional room for gain potential.
TRLR’s Investment in the IGP-Iron-Gold-Platinum Project Has Huge Potential
TRLR recently entered into an agreement to acquire a 100% interest in the IGP Iron-Gold-Platinum Project (“IGP” or the “Project”) in the IV Region – Region de Coquimbo – of Chile. The relatively small region has a long history of mining and several operations are currently in production, including the Los Pelambres Deposit, which is the world’s fifth largest copper mine.
The IGP Project totals 885 Hectares (2,186 Acres) of wide spread mineralization and ore bodies that contain high grades of Iron, Gold, Platinum and high value industrial minerals. There are eight known deposits in close proximity which have been tested to the point where an Indicated Ore resource has been delineated. The IGP comprises of four ore bodies with an Indicated Reserve in excess of 247 Million Metric Tons. Each of the four deposits have not been fully tested to determine ultimate size and they all remain open on all sides and at depth. Further exploration beyond the zones outlined to date is needed to realize the full extent of the mineralization and total size of the Ore bodies.
TRLR reports that, following an economic review of the recently acquired IGP Project in Chile, there are two acknowledged sources of revenue that can be realized from the Project. Each of the four ore bodies on the acquired property contain a host of various mineralization that can be described as either heavy mineral components, or light mineral components.
Extraction and processing of the ore is considered to be straightforward in nature and requires the construction of technologically specific but well understood equipment. Updated budgets and sourcing of the components required in the construction of a mining and processing facility are being formulated from existing models. There is little to no over-burden on the deposits such as soil, forest, or grass cover and the recovery technology to be used is environmentally friendly and reclamation costs are minimal. The deposits are also easily and readily accessible by the Pan-American Freeway and local road infrastructure.
A third source of potential revenue is expected from the bedrock that underlies the deposits. This bedrock has never been tested or drilled. The basement rocks of the underlying formation are also considered to be a primary source of mineralization and there are indications of very good potential at depth.
TRLR intends to develop an exploration work program to test the IGP bedrock and plans to begin this work as soon as possible. The development plan and construction of the processing facility is a primary focus and the Company expects to have an engineering report within the second quarter.
Technical Indicators for TRLR
TRLR has been consolidating at its support level of 0.01 for several weeks and recent valuations are signalling a potential move north.
TRLR has rewarded investors recently with reliable gains of up to 27.27%. With the recent spate of positive news investors may soon realize the grossly undervalued nature of TRLR!
Volume in TRLR has been inching up too, and TRLR has seen volume trading as high as 1.27M shares. This number is of course not near its average of 4.66M shares, but with other indicators signalling an uptrend, this may very well be only the beginning of this rally!
TRLR is also inching north towards its SMA50 of 0.0243 which means that shorter term moving averages like the SMA20 is looking even more positive.
TRLR Is Tapping Into Mining Finds worth Billions
TRLR’s magnetite cache in the four deposits of the IGP contains 62% iron ore. Based on recent (January, 2013) spot market prices for iron ore and calculating grade, tonnage, mine life, production costs and recovery rate, the iron ore contained in the known deposits has a present market value of USD$2.9B.
The IGP Project also has a delineated Indicated Resource of 247M metric tons contained in four ore bodies. Tonnage and grade indicate that there are 1,7M ounces of recoverable gold contained in the areas of the IGP that have been tested and sampled thus far. Using a cut-off market value of $1,500.00 per oz, the Indicated in-situ Gold Resource is currently valued at USD$2.6B.
TRLR’s report on the newly released gold numbers, and the magnate iron ore quantities means that the company has mining discoveries which value in aggregate confirmed to date of USD$5.5B
TRLR’s CEO, Robert Rosner is upbeat and says that:
“We are obviously very pleased that the gold value is as significant as it is. Given that each of the ore bodies are subject to further step-out exploration drilling and sampling, it is not inconceivable that the number of ounces will increase. The IGP has the potential to be considered a world class discovery.”
TRLR is enjoying very friendly trading at the moment and investors are riding those gains (as they should). Don’t hesitate to make your move on this play.
Start researching TRLR right now; I will follow up with my technical analysis shortly with more guidelines for this trade.
2 Day Confirmation On A Bottom Bouncer, Do You Want It
Good Morning Fellow Traders,
I hope you are well, following my last pick I have been looking very hard for my next play. What I am looking for here is one that trades already and has liquidity, one that has a chart that talks to me and gives out clear bullish signals. So I have been looking at some bottom bouncers while also looking for clear confirmation of the bounce.
Please Reply To This Email Saying: “Confirmation” to let me know you want this pick.
I’ve got one for you, sitting in the 1 to 1.5 cent range and showing green uptrend for the last few days. So I am expecting that as more and more scanners pick this one up we could be in to ride the bounce like we did on so many bounce plays lately.
I will be releasing my report and technical analysis shortly. So please get ready, get everything off your plate and make sure to look into this one as soon as you get it from me.