Given that bgf is an emerging producer with a long lead time and the current gold market outlook, it may only consolidate a little bit more as traders become impatient and offload the stock. Perhaps 15-18 cents is possible. Remember, todays announcement will be hard to top. I'll continue to watch with you and hope you do well.
May I suggest you also include ady in your watchlist given the current volumes and consolidation process. They have many high potential projects particularly Rincon Salar in Argentina. Also refer www.sqm.com to see what ady can achieve. I suggest it is worth researching the stock to see the underlying value. Research is the key. That's how I understood bgf. As always, it is your choice.
Happy investing.
BGF
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