OTCPK:BELGF - Post by User
Comment by
my2bitson Feb 25, 2007 9:37am
266 Views
Post# 12306449
RE: defaultname
RE: defaultnameAgree with him.
Not all NRs are updtes - for example : NR on financing, stock options, the NI43-101 was the closes to an update.
The last update for Cinco Minas was on 2006/10/18.
We are all, weill I am, waiting for the next one and hope it will not take 4 months in the future.
I think this has had an impact on the momentum for the stock price and given an opportunity for shorts to tease the stock back down to its level of 2006/12/31.
In technical terms the coming week is important.
An upward gap will signal a bullish tendency.
A lower price from the previous week could start a sell signal.
The highest risk exist for those who shorted the stock because there still is a bullish signal. They may have to start covering their position; also we will be at the EOM.
My view: I am still long on BGL but made no new buys since January.