Just a few days ago when the SP was rising all "indicators" was indicating the SP would rise to 36 cents, 2 days later when the SP has dropped 3 cents the so called "indicators" are indicating that the SP will head south.
Give me a break!
Just take a look around,commodities prices are rising.. copper is only a dollar/pound below its high reached in 08. Gold is reaching new highs and oil is at $80 a barrel. Coal and Iron ore are off their peaks but still way above long term averages and still attactive to explore and mine.
All my indicators tell me that BLY has only 1 direction and its up!
BLY Price at posting:
$2.90 Sentiment: LT Buy Disclosure: Held