BTR 5.88% 1.6¢ brightstar resources limited

I can, it was recent and the TH was called to compile an...

  1. 218 Posts.
    lightbulb Created with Sketch. 32
    I can, it was recent and the TH was called to compile an announcement of Bonanza Grades.. that share price increased ~90% in a day. Unfortunately some factors including lack of confidence in that company's (mis)management has resulted in investors becoming cautious, so those gains haven't been sustained. Plus a lot of profit taking on the SP rise...

    A BTR announcement of Bonanza Gold intercepts, or even High Grade for that matter in a region like Laverton, will attract a lot of attention to BTR.
    Having had a quick look back over previous announcements, a Pause in Trading would typically be called for High Grade, as opposed to a TH.
    Potentially lots of High Grade? Dunno, all speculation... Either way and I would be confident once the announcement comes, the current price will be a distant memory.


    Last edited by monquay: 09/11/21
 
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