Sentiment to gold stocks is showing signs of revival as evidenced by the move above the long term downtrend line for the XAU/Gold price ratio. When well clear of this breakout line,retail will start buying- but microcaps come later in the bullish cycle. BCM has moved beyond being an explorer to a developer. It has not been drilling its PGM deposits because it's known to be there so why waste precious capital. When the bioleaching is finally sorted they may do some extension and infill drilling. BCM appears to be close to that point but it does take time to install and wet commission even a pilot plant. The Gold and silver bull markets are starting. Those who snipe on the sidelines may be missing the opportunity of a lifetime.
BCM Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)