RE: WTF??Well, looking around there are lots of explorers similar to BVG that are also languishing. The reason? I believe that we are still fighting the risk aversion that started in mid '08. Market participants simply don't want to pay up for speculative ounces/ orebody structures. This could change if POG goes parabolic and the super tide lifts all boats...
Until BVG management clears the air with Homestake on what they have so far, its hard to see us getting back above that 40 cent resistance level.
I think there's 1M+ oz's M&I here for starters in a very prolific PM bearing area of BC, so I'm sticking it out.
All I can say is I try not to watch every tick on this name, and I'm going to layer in some real stink bids down here because the shares are undervalued IMO.