Apr 5, 2011

Posted by in Commodities | 0 Comments

IROG

Ironwood Gold

IROGWith the Commodity Boom still in full swing to start the new year off, IROG Ironwood Gold is capitalizing across the board.  IROG Ironwood Gold Corp. is an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for properties containing gold deposits.

Ironwood Gold has entered into a Letter of Intent (“LOI”) to acquire a 100% interest in mining operations on 12 unpatented mining claims commonly known as the Artesian Project property, located approximately 30 miles south west of Twin Falls in Cassia County, Idaho.

IROG showing a 1,2,3  Continuation Pattern forming from Wednesday’s price action is up an additional 30% or $.02 to $.08 on strong volume more than 2x its 30 day average roughly 1,580,000 shares within the first hour of trading. High frequency traders and investors are taking note.

This type of follow through on a chart pattern is known as a bull flag or a bull pennant depending upon your surrounding mentors that is. We’ll be watching closely to see if IROG can hold these gains as well as price points throughout the day.

Your StockRunway Editor.

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Ironwood Gold

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