For now I'm BLK and RMS until MOY retraces(if it retraces).
BLK as I said before is a stock that is difficult to accumulate in bulk and holders are tight fisted because they know they're sitting on 5 million ounces at a bargain.
Let me put it like this. And this is why BLK is still undervalued.
GOR has 5 million ounces. Has debt. And is two years away from pouring. Yet market cap is 500 million.
BLK is 5 million ounces. Has debt. And will pour within a few weeks and should be debt free in a quarter or two. And they'll explore more. Yet market cap is 300 million.
See ? There is a 200 million market cap difference.
So. Either GOR needs to fall below 300 million (unlikely) or BLK has to exceed 500 million.
Or they both meet around 400 million.
BLK is the next Gold darling on the ASX.
BLK Price at posting:
$1.11 Sentiment: Buy Disclosure: Held