pumped (0.5-3.5), dumped (3.5-2.2), what next?, page-7

RR

I believe this post be JOJO sums it all up, don't you?

'Hello

Sorry to cross threads here but:

1. BGS is not being (and cannot be) short-sold;
2. figting is in Northern Mali (BGS in southern Mali);
3. the French (with US survellience technology) and Mali forces have handed the Islamic fighters their ar$es;
4. Randgold et al have been operating in Mali with limited recent impact despite the violence to the north;
5. to my knowledge (somebody correct me if wrong) we are waiting for the next round of drilling to commence and not drilling results per se (which are so far, awesome);
6. we may see a couple more points of selling before trend changes but no pump and dump (and seriously, we're talking about moves of 1/2 of 1 cent people);
7. results so far are suggestive of a very interesting gold discovery which has found support of a very significant gold producer (which at a guess is probably pretty keen to re-utilise its existing production facilities which are in decline after 6m+ ounces);
8. it is what it is - a highly speculative play with absolutely no certainty of success - admittedly with some very encouraging early signs;
9. gold stocks starting to come back into fashion (albeit very slowly in the wake of the Cyprus debarcle); and
10. I personally like negative news being posted on HC so I can evaluate it's likely impact.

Good luck all'