I have sold BGS a couple of times during the run only to find it go up the next day. I mean, not a couple of days or the following week, but the next day! To those who sold at 80c+, congratulations and you're welcome! . Anyway, guess what I've been doing recently? Sorry guys .
Whining aside, BGS has no debt, enough cash to last the entire year (I hope), reliable/honest management, incoming cash flow and good projects so far. Seems a bit silly to sell down 50%. But hey, the world can turn upside down in a flash, and all we can do is make our own bets .
I think the market is a bit mad at the moment. Even cashed-up profitable gold producers are getting the tug down. I mean, really? No credit crunch, no war, no disaster, but everything just got smashed. Anyway, GLTAH!
BGS Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held