There have been a number of chartists giving their opinions of where the sp is likely to head. A number have been very negative including one bloke who said that we would hit 1.2c and that he would no longer post if it didn't happen. Not suprisingly he still continues to post in his normal negative manner without any hint of an apology for getting it so wrong in the past. To my mind charts have no bearing in this stock at the moment as it is all blue sky depending on the results of the current drilling program. We know we have gold and these results will help prove just how much, although a lot more drilling will be required to properly prove up reserves. IMHO this stock is a no brainer with such a low market cap and sufficient money in the bank to fund the drilling campaign. If the results are as positive as we all hope then a significant upwards rerating will be on the cards, however if the results are poor then the stock will be hit. This has nothing to do with charts. As the old proverb says good things come to those who wait. Good luck to all holders.
BGS Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
