The stockmarket isn't a one way street and three weeks is not long at all. You just need patience and time. One good announcement and you could go from 27% down to 200% up in a single day.
Nothing wrong with PIO, i still like it, i just wanted to take a bigger stake in BGS after the amazing results.
You & me both - I punted $25k of my BGS profit into PIO, so it better damn well perform. I have to say so far I haven't been too impressed with management's coordination of things generally - they need to get A LOT more savvy. Don't get me wrong, I think DC is a great geo, but there are ways of doing things... and there are ways of doing things... A share consolidation would be a good start before trying to raise cash, just in case you're reading this David
I was very surprised to see the BGS SP take a dive today following the announcement. I thought the results were quite positive, but it seems the market disagrees? Or is this some kind of funny business we are witnessing?
Alot of resource stocks got hit today - especially anything to do with gold. NST was down 7%. I wouldn't be too worried.
Yep, don't tell the rampers you feel misled. DYOR they say. Win some lose some. PSC was a better hold after all.
Yep, the entire market got hit hard today, every one of my resources stock are down. These dips are always buying opportunities.
The problem with that statement is that you obviously haven't DYOR, if you had you would realize the difference between PSC and BGS is Chalk and Cheese. One has a potential 20 MT + resource with high grade and easily mined deposit. The other has four drill results showing not much of anything. One is being ramped, the other has solid results. I know which one I will be holding long term.
Geez. Looking at BGS atm and its trading at 23c These buying opportunities only seem to appear when i am out of fiat. I would have loved to add some aa my avg is 32c
I sold my 32c holding in May @ 36c and got back in today @ 25c. I have some reserves sitting there in case it drops more.
It's both the Gold and the Lithium that will get them back up. You think the sp is getting fiddled for nothing ? The deposit is shaping up to be in the top three world wide grade wise and we are looking at > than 20 Mt just from the first drill results in a 250km tenement, we have at least 400k Oz of Gold at masigui and a starving plant at Morila right next door.
Sounds good, might go up for a holiday with my metal detector and see if I can find some as well. I'll bring a bottle of seasol for the starving plant at Morila too, just 'cos i'm a nice guy.
