I'm pretty new to this well managed little producer. Back in now for the third time. Bought half my stake
at 50% retracement of 3.5 cents and half at the 61.8% retracement of 3.1 for an average 3.3.
So I'm happy at that level and expect that I can realistically get a 50% return pretty quickly. Better than bank interest.
If the announcements are robust and the gold market resumes its bull run then I might hang around for 100%. That said
the $A gold price is very good and even marginal producers are making money
Its a great time for gold stocks like these. The volatility makes them ideal for trading. Some of them might turn into ten
baggers but I don't think BCN is in that league yet
Won't last forever so make hay............
Good luck all
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I'm pretty new to this well managed little producer. Back in now...
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