OTCQX:BGMZF - Post by User
Comment by
yaponskion Sep 25, 2013 3:46pm
124 Views
Post# 21767384
RE:Mr Market says HOHUM
RE:Mr Market says HOHUMHalcro,
It really depends what the TSX has to say. Can BGM trade again?
That is the question.
If BGM can then there is time for the PP... the huge IR tream at BGM can work its magic, the gold market can recover some, and if Sprott is right about $2400 gold, it just might be the case that BGM crosses 100 cents before it crosses 10 cents.
BTW, I don't subscribe to Sprott's $2400 gold next year. It might well trade there one day but I fear gold will first trade below $1000. Sprott needs a taste of reversion to the mean -- kind of a market karma that is long over due. JMHO...