BDR
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0.00% 6.5¢ beadell resources limited

A sucker punch is a coming here....it is my understanding that...

  1. atomic79
    4,387 Posts.
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    22/06/16
    09:53
    Post #: 18090334
    A sucker punch is a coming here....it is my understanding that hedge funds are long here...roughly equal to their positions in 2011 when pog was 1900usd.....so this pullback from 1300 is a come in suckers drop......be set for the pog run it's a coming...
    There is also a nice little article on silver at the below site if your interested....as well as Newmonts prediction of a 7% fall in world  gold production by 2021..
    with the current world economic mess these little blips in pog are nothing....
    Move that dirt...

    http://www.mining.com/gold-price-hedge-funds-go-long-750-tonnes-2016/

    http://www.mining.com
    BDR Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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