BLY 0.00% $2.91 boart longyear group ltd

A bit harsh from Smartinvestor IMO. Yes.... BLY has disappointed...

  1. DSD
    15,757 Posts.
    A bit harsh from Smartinvestor IMO. Yes.... BLY has disappointed and the stats quoted above are true. But mining worldwide has dived and so have revenues for BLY. Its exposure to gold will ensure its survival but i agree it is years away from paying off even half the debt owing. But i am certainly not selling my stake at these prices. Will simply put away and revisit in 3 years.
 
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