Looking forward to the mineral resource updates. Another African mining company, Celsius Resources (ASX.CLA), released their maiden resource estimate this week and the result exceeded all expectations.
Their shares promptly went up by more than 35% this week.
Hopefully we can expect similar good news from the BGS Board soon, that will help in catapulting the company forward on a fast trajectory to production and with a good surge in the share price.
Until then, expect to see the SP moving around no-where.
Bring on the revised mineral resource estimate!
BGS Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held