In spite of difficult market season for bulls, we have one pick for tomorrow: $RBY. Rubicon Minerals Corporation ($RBY) announced that the strategic investment of C$70,000,000 in Rubicon by Agnico-Eagle Mines Limited by way of a non-brokered private placement of common shares has closed. Chart looks quite good. Seems like we are at the trend change or significant bounce point. Fundamentally, it is a play with a good financial position (at least for now, based on the news), plus it is a commodity play, plus it is a gold play. So, everything lined up pretty well. We'll see tomorrow...
Backtested Symbol: $RBY
Strategy: Pennystocks100 (5 min chart)
Period: July 28, 2010 - July 28, 2011
# Win: 0
# Loss: 0
Winners: 0%
Profit-Loss%: +0.00%
Period: July 28, 2010 - July 28, 2011
# Win: 0
# Loss: 0
Winners: 0%
Profit-Loss%: +0.00%
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