BLY 1.64% 62.0¢ boart longyear limited

BLY 30c by the end of 2017

  1. klu
    630 Posts.
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    The average LoM is 5 years. After four years cost cutting, many gold miners are facing two options: close down or find new reserve. In addition, PoG has have a good run and miners are pile up with cash. I assume most of the miners will choice the section option. As a world leading driller, BLY will get the lion's share. Expect BLY will revive in the next 18 months, 15c by the end of 2016 and 30 by the end of 2017.
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