Looking for an anomaly among the gold large caps have a look at...

  1. 1,981 Posts.
    lightbulb Created with Sketch. 262
    Looking for an anomaly among the gold large caps have a look at BGL, much unloved which is reflected in sp, shorts running at about 8% (but seem to be coming off a bit0 and a 2nd rate 4D about to be published BUT.......

    Just found this podcast on DVP (a garage favourite) with Bill Beament (ex NST, a guy worth being aware of, market rates him)
    last few minutes of podcast he describes how BGL are actually turning it around big time, has been a horror start up to one of Oz's higher tier stellar grade gold deposits.

    They have a hedge book from hell courtesy of funds needed to fund the mine but if they can prove to the market they can actually achieve forecasts this will be viewed not as a big problem like it is now, market all perception.

    DVP do the service work for BGL, all in the timing with this one, you could also have a short squeeze to put a smile on the dial.

    garage still holding AVG into the 4d presso on friday so FFS DYOR, don't believe the garage, that trade seems to have a bit of the kamikaze about it atm but if you're looking for anomalies to benefit from Bill Beament is a lot closer to what is actually happening than the bloody shorters BGL .

    Discl. Garage has been accumulating BGL < 120 for a while.
    PS, the BH's vet mate and her hubby guests atm at the abode, boys all got checked today and all in rude health.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.