sp prognosis

The May gradient suggests the BSR SP is currently aligning with the XGD. I think it will match its average slope over the next few weeks as gold drops further and/or some investors sell for tax purposes. If this is true, it may be possible to buy moderate sized parcels at around 4c.

Note 1. I am biased by the fact that I sold all my BSR at 5.5c a few weeks back and am looking for a good reentry point.

Note 2. A good announcement might reverse the SP trend.