BGD 5.77% 27.5¢ barton gold holdings limited

overdone?, page-8

  1. 7,936 Posts.
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    Regarding recent sell off,

    BGD was trading under 2c and ran to 13.5c in 5 weeks, so profit taking, sell the news ect and the lack of detail in the agreement are all good reasons to sell down.

    A possible negative to the sell off is speculation ABS may take BGD paper at lower prices. Again too much smoke with this one, added to position today with ~50% correction.

 
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