Precision Drilling: 15min chart triggers RSI Oversold, KDJ Golden Cross confirmed.

Precision Drilling's 15-minute chart exhibits oversold conditions according to the Relative Strength Index (RSI) and a golden cross in the Kinetick Dynamic Index (KDJ) at 06/24/2025 09:45. This suggests that the stock price has fallen precipitously and is currently trading below its fundamental support levels, but the momentum is shifting towards an upward trajectory, indicating potential for further price appreciation.

Critical Metals Corp. (Nasdaq: CRML) has announced a significant development in its critical minerals mining portfolio. The company has signed a $2 million diamond drilling contract with 60 Degree North Greenland to enhance the resource size at the Tanbreez Project [1].

The drilling program, set to commence next month, aims to increase the resource size and finalize the current pit design, thereby strengthening the economics of this world-class rare earth asset. The drilling will target further resources to the east of the existing Fjord Deposit, with a strike length of approximately 700m and 650m along the North-East to South-West strike [1].

This contract follows a $120 million non-dilutive funding package from the U.S. EXIM Bank, which supports the project's development and enhances financial stability. The drilling program is expected to enhance the numbers for the company's upcoming definitive feasibility study, which is anticipated to be completed by the end of 2025 [1].

The Tanbreez Project, located in Southern Greenland, is one of the world's largest rare earth deposits and features year-round direct shipping access via deep water fjords that lead directly to the North Atlantic Ocean. This strategic location supports the company's position as a key supplier of critical minerals essential for global electrification efforts [1].

While the drilling program demonstrates proactive investment in resource expansion, it also highlights the need for significant future investment. Forward-looking statements in the press release emphasize potential risks and uncertainties, which could affect investor confidence [1].

References:
[1] https://www.nasdaq.com/articles/critical-metals-corp-secures-2-million-drilling-contract-expand-resource-tanbreez-project