BGL 0.74% $1.36 bellevue gold limited

Just wonder when the next move will come - meantime, interesting...

  1. 1,217 Posts.
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    Just wonder when the next move will come - meantime, interesting article as follows:

    ... Major mining companies prefer to avoid the exploration side, Rick says, because companies generally must pursue multiple fruitless endeavors before, if ever, attaining success – and this period of failures is punished by shareholders. This has led to increasing collaboration between juniors and majors, and the majors focus on the acquisition of successful juniors as a focus growth strategy.

    ... Successful investing and speculating in the sector is truly about discriminating amongst choices.

    http://www.mining.com/web/the-hidden-edge-of-junior-mining-companies/

    The heading confirms my current view of Draig. No big takers of stock yet, but guess we just 'watch this space'?

    Cheers :)
 
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