BUX still has a great future and to be honest, I think a retrace back to 35 is probably not such a bad thing. Lets face it, there are no real fundamentals supporting this rise into the 40s at this stage and IMO buying at those prices is very risky. Naturally, traders are all over the stock which is fine, but until there is confirmation of a deposit at Widowmaker worthy of further exploration we only have the Yalbra & Zanthus projects to go by.
BUX Price at posting:
37.5¢ Sentiment: ST Buy Disclosure: Not Held
