Because every rise in SP now, might be the next stepped re-rate...when it corrects in Value never to return to the rediculous lows we have been having... Only person I know who called it correctly recently was @boy1 when he sold some and made it public...
We are on the cusp of a Re-rate that should push BGS up above 40c and never return..
Wonder if the Gold Royalty will do it??? There's half our Current MC right there... Cash flow positive ($1 million) within weeks and then an on going 4% payment of an increasing gold price...all that money is building on a healthy bank balance already, the SP surely will recalibrate on news soon?
BGS Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held