Time to buy not sell. Traders gunna trade and it’s only normal to see the stock running up and down when we have this amount of shares on issue.
Gold price tracking well. Strip ratios over the last three months all falling with grade improving. I think the next two months are looking good but looking further down the track past the next couple of months is much harder.
The odds in my opinion are looking good for the short term. Consolidation is always good for these technical traders..at the end of the day they account for almost half the investors in the stock market. Gold margins won’t go away so fundamentally in the short term it’s all looking positive.
BLK Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
