Re: Potential cup and handle breakout...
in response to
by
posted on
Aug 20, 2009 12:51PM
In 2011, Homestake Resource reported an updated mineral resource estimate, (NI43-101 compliant) of 191,000oz gold and 1,350,000oz silver indicated plus 530,000oz gold and 13,470,000oz silver inferred at a 3.0 g/t AuEq. cut-off in two separate deposits.
We dropped a little faster than I anticipated; looks like a scoop is unlkely - more likely to be a sudden move one way or the other. All a guy can do is buy in and cross the old fingers (which is what I've done @ .53) .
Lundin recommended BVG 3 days ago. I guess that's worth something since he'd look pretty bad if the stock tanks right after he touts it.
Wouldn't be the first time for Lundin but he's better than some of them (ie. Jay Taylor).
GLTA