Have a look at the announcements just before the abysmal quarterlies last year:
Outstanding drill results (where are the grades?), large pit growing in size, Expansion PFS showing robust economics (I laughed the most at that one).
They put in one decent quarterly early this year because they were able to process some 'high grade' dirt they've been moving for the past 12 months.
No doubt, some people will make a quick buck trading this stock.
BTW, where are those 'heavyweight' posters with hearts next to their name who were cheering BLK at the height of the so called recovery. They've made their dollars and moved on while long term holders are left holding the baby.
Hold onto this long enough and it will decimate your funds, just look at the 12 month chart if you need convincing.
The cheer squad bleat 6.5M ounces at every opportunity, like a mantra.
Do people not wonder: if those 6.5M ounces are an economic resource, why is BLK spruiking the tailings now?
That's a literal scraping of the bottom of the barrel.
BLK Price at posting:
5.3¢ Sentiment: Sell Disclosure: Not Held