Hi Midnight26 and all,
Once the upcoming drilling program starts in earnest later this month we may see some of what this writer is saying in the linked article. After all if a move from 4 cents to 20 cents since January is classed as languishing one can only wonder what may happen once we start receiving the next round of assay results.
The following snippets are shared in good faith and the writer is expressing his opinions only; however, in my opinion he does make some relevant points and I think the next couple of weeks will be very interesting for us Gold enthusiasts.
I’m sure if our negative chap on all things Gold is still around he will be trying to dampen the enthusiasm for our valiant explorer; however, I still feel the risk reward ratio is worthwhile on this stock.
At least the BBX management are handling themselves in a very professional manner unlike that bunch of criminal bankers down at CBA. Seeing the CBA name in the press with words such as terrorism, money laundering, organised crime and drug syndicates can’t be good for business or very reassuring for current shareholders! Please see the second linked article.
“Gold Stocks Coiled Spring”
“Gold stocks are underperforming so massively this year due to sentiment. Because this small contrarian sector is languishing, traders want nothing to do with it.”
https://www.investing.com/analysis/gold-stocks-coiled-spring-200206908
“A PERTH branch of the Commonwealth Bank attempted to warn the institution about suspicious deposits totalling thousands of dollars made by organised criminals but their concerns went unheeded for months, court documents reveal.”
“In accusations made by the agency in a Federal Court statement of claim, between that warning and the bank’s internal systems kicking in, more than $1.4 million was moved into separate accounts as criminals were driven around Perth’s suburbs to clandestinely deposit money raised by a methamphetamine syndicate.”
http://www.perthnow.com.au/news/wes...s/news-story/95e4c31b91935c7e33c3d8e85c48d8a6
Cheers and very best regards: Andy
