The market seems to like the news coming out of Excelsior Mining Corp. (TSX:MIN, OTCQX:EXMGF) recently as their in-situ copper leaching project is on track to transitioning the company to producer status this quarter. Here is a look at the breakout of Excelsior Mining and another look at the copper chart.
A week ago, in our educational segment 002, we took a close look at how a positive MACD crossover of the signal line over the trigger line when both lines were above the zero line was noted for Wallbridge Mining (TSX: WM). This positive chart condition sometimes offers clues for “better things to come”. Here’s how that played out and what we see in copper today.