While gold was up 4.8% today( Fri in the US), possibly just a knee jerk reaction to bad US data, Grexit/Spanic, etc, it was interesting to see the polarization in WA gold stocks. e.g.,
UP: PSU 7.72%, GRY 6.69. (assessed as lower risk?, following gold up)
DOWN: MET 6.94%, BSR 6.36%, GMR 4.45%, AMX 3.95%.) assessed as higher risk?, following gen equity market down)
BSR at 4.4 c seems IMHO to be still heading below 4c.
It will be interestiing to see what happens if there is a drop in gold price just as sharp and far as the rise today.
BSR Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held