GREY:BFDRF - Post by User
Post by
Grouchoson Oct 22, 2005 2:13pm
240 Views
Post# 9751116
Jerseyman
JerseymanI think you are one of the many that expect price appreciation overnight. BFD a great package of properties. I had shoregold at 1.50 average, it went down to 1.02 but I didn't panic and sell off.
I believe the same hold true here. BFD is a great area play but unlike FGT(Forestgate) or Shane Resources they have properties that have a defined resource. I bought BFD this summer at 34 cents and I will hold it until it's 80 cents or more. Remember that this is a junior gold company and anything can happen; even 500 dollar gold.
Good luck, I too feel the frustration but like you said in an earlier post "patience".