BGL 2.72% $1.89 bellevue gold limited

The market was either expecting better results, or just doesn't...

  1. 5,132 Posts.
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    The market was either expecting better results, or just doesn't like these - there will be a reason for that.

    Will need to do more research now to find out why. There may be some technical reason, who knows.

    I'd guess it may drop back to 10c - 14c.

    Personally, I'd like to talk with an experienced structural gold geologist to get their take on these results and others with respect to the overall deposits.

    Sold some when it flew up to near 30c, so have a 5c average now, and just want to get some further research from professionals before I go buying more.

    I like the stock, and the management, but I'm just not sure how large or costly the deposit will be to mine, it's a hard one for me to understand at the moment.

    I do think they should cut out the trading halts when announcing results, it seems a bit disingenuous and one could easily (and probably wrongly) say it's done for mates and spruikers.

    I'd like to see them tone down the rhetoric and report in a more conservative manner, it would make them and the stock appear more professional.

    Gotta do some more research now.

    Gw
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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