BGF ballarat goldfields nl

nice bite., page-5

  1. 3,087 Posts.
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    I think so forevertold. These broker valuations tend to take 2 or 3 days to be fully digested and the stock priced accordingly in the market. A good recent example is PNA. This makes two very recent valuation reports coming in at the 22c mark and both with upside valuations in the mid forties. At last we may see the market believe the story.

    BGF closed well today and there was some fairly strong interest in the options toward the close which bodes well for the sp tomorrow. As I said earlier the chart now calls 22 - 24c on this move. The comments in the RFC report about revising captial requirements and project dates are interesting - but no lead on postive or negative. Maybe a nice surprise instore for us?
 
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Currently unlisted public company.

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