Wednesday, September 2, 2009

West Timmins Mining (WTM:TO)

West Timmins Mining is an intermediate gold and silver explorer/producer. This stock is another hot one to watch. Notice its bullish 'A' pattern. See chart.



Gold and silver prices are still in an uptrend, so the intermediate explorers and miners here could be in for a sharp bull rally if the market picks up. Watch to make sure the stock doesn't dip below that 2$ mark. If it does, you better get out. I suggest a stop at 1.94.

All in all things look positive for this one. I rate it a BUY in my books!

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