BMM 1.96% 5.0¢ balkan mining and minerals limited

G,day streaty in my view the early drill results to date 50 % of...

  1. 352 Posts.
    G,day streaty in my view the early drill results to date 50 % of them look very promising, its still early days yet. as for the share price at the moment its getting smashed like all junior gold stocks they are not exactly flavors of the month " AT THE MOMENT" if bmm falls below .19 expect some heavy selling if more results are not announced im holding tight bought another 50000 yesterday at .21 and .22 . I have noticed the last 3 days someones doing crossed trades at .21 and .215 at 100000 a hit they go on screen and are sold in seconds in the last 4 sessions this person has bought around 500000 shares i wonder why. so how do members think gold price will play out up or down , at the moment gold price still heading down its just a pull back well lets hope so we are in a volatile bear market after all. the next support level for gold if it drops further is $873.00 US which was the level it reached back in 1980 after this the next level if it continues to fall is $725.00 US this would then be a 25 % pullback the last time gold pulled back 25 % from its high was in middle of 2006 , if it drops below that its all over red rover then i will have to wait a long long time TRADER 11
 
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