Short Term Trading Weekend Lounge: 8 - 10th Dec, page-33

  1. 3,529 Posts.
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    STTCOMP BGS, FA LONG

    MC $112M @.53
    SOI circa 212 M
    CASH $3M

    Can't believe BGS hasn't been tipped considering the overdue news...... maybe this is the reason why.......

    Regardless, BGS holds one of the world's highest grade hard rock lithium deposits in the world (25.3Mt at 1.37% Li2O and Inferred Resources of 7.6Mt at 1.37% Li2O) at their Goulamina Lithium Project in Mali, and has recently drilled for a strike length upgrade. These results will come any day (but hopefully not before this tip takes affect). They also hold a signifocant gold deposit in Mali too.

    Like most Li plays, the share price has retreated, making the liklihood of new gains on this pending news more sound, and creating the perfect entry price. But please don't rush before I top up as that was not possible today due to WFE only reaching first base.

    The lack of news today may have been the cause of another 5% retreat, or the pros were pushing their stop buttons. Otherwise, it was just the Friday effect.

    Regardless, next week will be another story in my not-so-humble opinion

    Love this photo



    And tray loads of Spodumene

    oppps. forgot to insert..... wait until next photos with new results!

    Apologies to those who expecting an SYT update , but you'll have to wait until the New Year for that.
    Last edited by syzygy: 08/12/17
 
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