BEZ 0.00% 8.7¢ besra gold inc.

Ann: US$300m Finance Facility and Management changes, page-921

  1. 49 Posts.
    lightbulb Created with Sketch. 22
    This pattern of jumping up to 25c only for it to vacillate between 21c - 23.5c has been happening for a while now.

    There could be countless reasons why these games are being played. Tree shakes, tax loss selling, stop losses, algos.

    Just the usual stuff that happens to these spec stocks imo.

    The only 'north star' I'm focusing on as a holder is:
    • Have the fundamentals changed to where I should be concerned?
    • Is there anything to indicate that this deal isn't going ahead?
    • Based on the geology is it possible this resource is due for a results upgrade, meaning this stock is incredibly undervalued?

    All signs imo point to this being a slam dunk, but you don't get multi baggers for taking some risk upfront.

    It's great riding the WA1 stairway to heaven, but sometimes stocks like BEZ are a slower burn but can be just as rewarding. You just need to zoom out the chart a little bit further to see. Imo dyor
    Last edited by Rtsmtk: 15/06/23
 
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