Related companies Enviroleach and Mineworx Tech were recommended again this morning in Four Resource Stocks to Buy Now When the Stock Market Is Down," with the part about them reading as follows:
Enviroleach Technologies Inc. (ETI:CSE; EVLLF:OTC) C$1.90, $1.46, and Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB) C$0.27, $0.25, that we looked at again a few weeks back are still at great entry points, and appear to be impervious to the woes now afflicting the broad stock market. Both are believed to be at the tail end of corrections within strong bull markets and the news is that Enviroleach is one of the shortlist of four for the industry #DisruptMining Innovation Expo prize with the winner due to be announced this Sunday. If it wins both stocks will likely gap up on Monday; if it doesn't it’s not a problem, because the fortunes of these companies do not depend on winning a prize.
They have done well so far today, and look like they are starting their expected new uptrends. Both these stocks are in powerful bull markets for good reason, and are unlikely to be derailed by the broad stock market whatever it does, and they continue to be rated strong buys.
The following 3-month charts for both of them below show how they are looking after the completion of a healthy correction that has put them in position to embark on another upleg.
Enviroleach Technologies website
Enviroleach Technologies Inc, ETI. CSX, EVLLF on OTC, trading at C$2.03, $1.59 at 3.25 pm on 2nd March 18.
Mineworx Technologies website
Mineworx Technologies Ltd, MWX.V, MWXRF on OTC, trading at C$0.28, $0.22 at 3.25 pm on 2nd March 18.
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Charts provided by the author.
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