Post by
FlyingV67 on Nov 23, 2018 6:37pm
The sector is going to turn soon i think
I think the PM sector has bottomed, i'm not saying i expect a huge rally here right away but it'll probably trade sideways into the end of the year and 2019 things will start to pick up.
It's a good time to be buying IMHO, I'm not specifically speaking about BGM - There are lots of deals out there to be had if you have patience.
I'm not adding to my BGM position, hopefully management can execute here and build some significant additional resource.
Comment by
courtley on Nov 23, 2018 7:14pm
Sure, Maybe they can sink even more money in exploration!
Comment by
FlyingV67 on Nov 23, 2018 9:53pm
Umm it's an exploration play, that's the whole point here as i see it.
Comment by
hammer161 on Nov 23, 2018 10:58pm
No - this is well past an exploration play. This is an advanced project - they have small scale production (apparently) resources and they state that engineering and other advanced studies are underway (nothing reported). They have spent a ton of money, and need to spend a ton more to get to a production decision.