There's no one definitive answer IMO... I've just looked at afew Goldies and most are reversing recent gains... Were Bloody Good Stock (BGS) has stabilised in price currently, possibly due to the fact it's not a producer or proved up a resource as of yet?
Sentiment of gold is low, which gives the Believers of BGS and gold an ideal opportunity to pick up a potential bonanza... When the price was .006 it was a speculative gamble! Now IMO it is a wise long term play...with huge potential and near term possibilities of cash flow to find more discoveries?
I was confident in BGS before sprott jumped on board.. Now I'm certain I have made the right decision to put everything including my kitchen sink on the line...
If and when this moves, it'll be fast and those whom sit back waiting for the market to move will be disappointed, as the line swipes will be faster than any can type out a buy request,,, resulting in fewer shares and disappointment... Big buyers are always off the screen, I mean big buyers!!
BGS Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
