I really don't understand why Boart is so weak today. It doesn't make sense. The most important influence on Boart should be the gold price and it has had a great run over the last fortnight or so.
Last night in the Northern hemisphere, Layne Christensen was up 4.43% and Major Drilling group was up 3.46%. These are the two drilling companies that Stoeger told us were the best to compare with Boart. Yet as I write Boart is down 4.4% and at its lowest price in seven days at a time when gold has been going gang buster.
It is my hope and expectation that Boart could fly in the other direction. I have more shares in Boart now that I have had before and have been buying strongly today.
GPASAS
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