Post by
rgrieve on Apr 12, 2010 2:08pm
BVG - STRONG CHART
Bravo has moved higher from this price area five times in the last five years. Two of the moves took the price up to $1.80 or so. The volume of this move is excellent and consistent indicating confidence by buyers.
RSI and MACD are showing rising trend lines with more room to the upside. If there is good news coming it would not surprise me to see a run up to over a dollar very quickly. I believe news is coming in the very near future that will take us to that target. Then after drilling this season I expect a deal to be made for sale of Bravo on the back of those drilling results.
Management will then move to the Nevada projects held by Bravada and start drilling those attractive targets.
GLTA,
rg