RE:This was the month that wasBGM is starting to look like the rock of sanity in this crazy world. Gold up, gold down. No problem you can always trade your BGM for about 22.5 cents. What could go wrong, eh :)
Well, maybe that decimal point is gonig to migrate one position to the left and round on up to about 5 cents. If you do the math, you will see that BGM is trading at a market cap of roughly $8 per ounce of in situ while the TSXv average is roughly $2
TSX/TSXv Gold and Silver Equities Statistics
The following table includes TSX/TSXv listed companies with at least 12.5 of their in situ metal values from gold or silver (in US$).
source:
https://www.goldminerpulse.com
halcro wrote: Top buyers and sellers since Sept. 1
Buyers:
RBC, National; 401,800 shares at 22.15 cents
Sellers:
Anon, Scotia, Fidelity; 411,021 shares at 21.97 cents
Round and round the paper goes,
where it stops, Stockwatch shows.