Source: Clive Maund 08/13/2024 Technical Analyst Clive Maund explains why he thinks Interra Copper is worth going overweight on. Interra Copper Corp. (OTC: IMIMF) is a company that is considered to be extremely undervalued on both fundamental and technical grounds at this time and is accordingly rated an Immediate Strong Buy. Before we review the latest stock charts, we will see what the company has going for it fundamentally. Although an early-stage exploration company, Interra has two very promising copper-gold prospects in British Columbia, with its flagship Thane Project being in the prolific Quesnel Terrane, and it is fully funded for upcoming drilling and exploration programs later this year and into 2025 following the recent completion of successful financings. Here, summarized on one page from the investor deck, is what the company has going for it. The company's 2024 priorities are as follows: This slide shows the location of the company's two properties in British Columbia and provides a brief overview of their attributes. The larger Thane property is situated in the prolific Quesnel Terrane, which runs almost the entire length of British Columbia. The 100% owned district-scale Thane property is over 20,000 Ha in extent. This slide shows the principal attributes of the Thane property. Thane boasts significant copper-gold values across the system. There is a lot of copper in BC which bodes well for exploration on the company's properties, especially given Thane's location in the Quesnel Terrane. This slide provides an overview of the smaller Rip property to the southwest. Here is what is planned for this year going into 2025. Lastly, this slide shows the capital structure. It is noteworthy that of the modest 29.5 million shares in issue, only a third, or under 10 million, are in the float. Now we will proceed to examine the charts for Interra Copper on which it will quickly become clear in the light of the positive fundamentals for the company described above that we have a rare and unusual situation where there is huge upside potential, especially in percentage terms, and downside is almost non-existent — in other words — the risk / reward ratio is massively skewed in favor of buyers of the stock here. Starting with the long-term 5-year chart, we see that from its (admittedly short-lived) peak above ...