Hi Matt, you are completely correct.
That's the problem with most FA types on HC. They just copy and paste news/anns etc to suit their agendas.
I know you don't quite agree with me when I say this, but the market is driven by nothing but geometrics. Sure, a good ann will move the SP one way or the other, but unless the geometrics dictate, the move will generally be short lived.
Techically, BGS is not looking too bad. The chart has some strength but 0.029 needs to be broken with momentum on Monday. That open window at 0.017 - 0.020 causes some concern.
IMO
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proactive investors, article on bgs and sprott, page-8
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