OTCPK:BELGF - Post by User
Comment by
coach247on Sep 20, 2007 7:13pm
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Post# 13438739
RE: Yawn...
RE: Yawn...I am looking for some follow through one of these days. Usually when we get a bit of a bounce, it just draws out more selling the next session. I do not think that can go on indefinately, but it is more a reflection of the weak sentiment across the board for the juniors. With gold setting new highs for this bull market, and silver likely to follow, that sentiment is going to improve and new money will start finding its way into the juniors. BGL should be in position to attract some of that interest, since it is one of the most tightly held of all the emerging producers in Mexico and therefore offers the most leverage to the rising gold and silver prices.
My expectation is that once the company issues a progress report that the mill is operating up to design spec, then its game on. I think the ducks are lining up now. I am very happy to have doubled my holdings again since this nasty correction started and will enjoy that ride when it gets up to speed.
cheers!
COACH247