Gold stocks are going to get huge leverage to the very strong gold price... this could be BSRs saving grace, it’s got to raise significant funds to finish capex, pay loan repayment and secure a mining contractor... they may be able to do it if the sector gets back some positive sentiment for explorers/developers...
Im just not sure I want to put any more money on the current management .., unfortunately they seems to be the biggest liability moving fwd, it’s getting harder in the sector to lose money, however it still possible here unfortunately...
I’ve taken the recent Opputunity to sell... however good luck holders, I hope it’s onwards and upwards for you all from here...
BSR Price at posting:
1.7¢ Sentiment: Sell Disclosure: Held
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