GREY:ABGFF - Post by User
Comment by
DetVicMackeyon Sep 02, 2011 4:15pm
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Post# 19008303
RE: RE: RE: sold at 0.61
RE: RE: RE: sold at 0.61Congrats long-time shareholders as your patience is being rewarded. Today I closed out my position near the highs, but missed out on re-acquiring more shares from last week's pullback since buying pressure was too strong. Can't win them all and one has to be content on making 100+% ROI. BZA could be a double/triple one year from now, but I highly doubt that happens by year-end. Production hasn't even started and new investors are flooding in on exuberance and anticipation. With execution risk still in the horizon, the SP action ought to peeter out. Will revisit BZA one year from now or sooner should prices come back down. There are dozens of other gold producers with attractive valuations yielding better risk-reward atm.