BGS or PIO

Discussion in 'Stocks & Derivatives' started by Boyscout, Jun 9, 2016.

  1. Boyscout

    Boyscout Well-Known Member Silver Stacker

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    Hi guys

    I need to get on some of this action.
    I am looking for your thoughts on which out of BGS or PIO to splash out on

    I could go and buy both but i am looking to get 1 now and the other at the end of the month.

    My gut tells me PIO can make the biggest percentage jump between now and then but i am no expert

    Fell free to comment or recommend something better

    Cheers
     
  2. markc

    markc Member

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    PIO gets my vote
     
  3. olifrated

    olifrated Active Member Silver Stacker

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    I took the plunge on Pio today @ 0.035 ...... Thought it was too good a price not to , only time will tell
     
  4. Boyscout

    Boyscout Well-Known Member Silver Stacker

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    I am leaning towards PIO myself
    This 3.5c or so seems to be its bottom(well until i buy in that is)
     
  5. SilverDJ

    SilverDJ Well-Known Member

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    Both have had recent gains, but BGS much more from it's low. So just based on that I'd go PIO right now. But I think both are looking good longer term.
     
  6. southerncross

    southerncross Well-Known Member Silver Stacker

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  7. Boyscout

    Boyscout Well-Known Member Silver Stacker

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    I had bad luck and timing with PSC.

    Bought 300k units at 2.1c a few weeks back. And then had an unexpected expense so i was forced to sell at 1.7c last week a few days later it hits 2.5c

    Story of my life

    Now having a good sized cheque clear in 3 business days and looking to get back in and hold something until it coughs up a good return
     
  8. kramer

    kramer Member

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  9. justin536

    justin536 Member

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    BGS has an announcement coming at the end of the month depending on the results, but its looking positive..

    Stopped following PIO lately as I've been too busy and sold out but last time I checked they don't have any confirmed Lithium from drillings just rock chips and they weren't amazing.

    Just depends how much of a risk you want to take. Risk/Reward.

    VRS would have more of an idea as i think he is following both.

    (I hold BGS, and Held and Sold PIO)

    Good Luck
     
  10. scrooged

    scrooged New Member

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  11. southerncross

    southerncross Well-Known Member Silver Stacker

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    PIO has a great portfolio and also great potential on the Lithium front, the rock chips are from their tenement in South W.A and although so far the Lithium found is in lepidolite (mica) and for now worthless, they have only gone through about 10% or so of the historical drill cores in the library and the area is highly prospective for hitting a spodumene deposit at Pioneer dome given the area they hold there. They also have a great tenement in Canada at Mavis lake with confirmed Spodumene on their books as well as good gold, nickle along with known lithium rich areas at Phillips river and Donnelly near Greenbushes. Lot's of upside to be had here and very diverse.Their Gold tenements near Kalgoorlie alone justify the current SP IMO and if they hit a decent Spodumene deposit it will rocket.

    (I also Hold BGS and held PIO but sold out at the recent top)

    Good luck to Holders, :)
     
  12. southerncross

    southerncross Well-Known Member Silver Stacker

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    Well that suck's M8, but as they say shit happens. What are you going for ? BGS is a bargain at the current price, both PIO and PSC look to be coiling for some
    good gains over the coming weeks if news is good, and there are a few others I'm following that might also do well, SAS, CNJ, OKU to name a few.

    I've been plowing into BGS at these levels, Just the Gold alone with the recent price rise and the known indicated $200, 000, 000 worth just sitting there on the surface with
    a just about obsolete plant literally right next door, along with news coming anytime on drilling the Lithium deposit or a deal or a new acquisition has me dreaming of hookers and blow nearly nightly :) Ahem, not that I would ever ah... do such a thing... But I can't help what I dream :D
     
  13. VRS

    VRS Well-Known Member Silver Stacker

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    I'm in both bigtime - BGS for the ride which so far has taken over 4 years, and PIO for the rocket (which I'm still building)...
     
  14. Boyscout

    Boyscout Well-Known Member Silver Stacker

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    I only managed to pick up 102k units of PIO at 3.9c

    But today i managed to snag 20k in BGS

    Looking to build from there
     
  15. VRS

    VRS Well-Known Member Silver Stacker

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    Good calls both imo - particularly PIO right now.
     
  16. SilverDJ

    SilverDJ Well-Known Member

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    Same here. Both are the biggest plays in my personal portfolio at present.
     
  17. kramer

    kramer Member

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    VRS = SRV. figured it out now. Lol
     
  18. scrooged

    scrooged New Member

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    Thanks for that Peg.
     
  19. southerncross

    southerncross Well-Known Member Silver Stacker

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    Both of you better watch it, I have inadvertently in my dyslexic kind of way buggered that up and copped a whole heap of godforsaken Hellfire scorn when posting elsewhere.

    Damn buggy driving whatsit reminded me of Kai Proctor off of Banshee. Mmm thinking of that VRS, you got a Niece ? ? ?
     
  20. VRS

    VRS Well-Known Member Silver Stacker

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    It ain't rocket science on the name thing - besides I haven't had the heart to tell you that the way you should be spelling 'Hot Tip's, Watch List's, whats Hot and whatnot.' is 'Hot tips, watch lists, what's not and whatnot'.

    Bloody Taswegians. ;)

    [youtube]http://www.youtube.com/watch?v=c3y0CD2CoCs[/youtube]
     

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