BSR bassari resources limited

Ann: Makabingui Gold Project Development Team, page-2

  1. 15,909 Posts.
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    Obviously this company is serious about moving into production ASAP.
    That is an impressive line up of a development team announced today. Some here have complained about the way the cr was handled. That is a short term sp issue. They will raise the very modest cash component through the rights issue, either through the retail or through the shortfall and they now have a very solid team to go into production. Hopefully with this very positive news we saw the low yesterday and we see a double bottom at 1.7c.

    It's quite possible these guys have their followers and we see new investors coming in -long term investors as opposed to the short term momentum chasers we probably had a few weeks ago that have been slowly selling ever since. Buy orders were lining up early before the news was released.
 
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