No such message found

Homestake Ridge - British Columbia

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.

Free
Message: Re: Potential cup and handle breakout...csi

True CSI looks good. I bought a little @ 3.48 avg. but like I say, country risk is big with me so I'll just sit with what I have.. I'll sell @ 6.00 (I hope).

................

Meanwhile, Lundin has reiterated his buy on BVG - that's twice in 10 days. Lundin could look pretty silly if BVG flops. He seems to think it's bona fide.

The one thing that bothers me about BVG is that it's so easy to buy here. Management of BVG is pretty shifty; they could do something tricky like release worst holes first and take everybody by surprise with another 50+ meters of 20g/T a week later. I've seen promoters drill where they knew there was nothing just so they'd have something in their arsenal if they might need to shake their stock out.

Also, even if BVG is the real thing it might trade like EVG. EVG closed in the mid-forties and could be bought @ .57 the morning of the news ( and tripled from there in a few days).

Due to all of the above I'm in @ .53 but not betting the farm.

..............

Like you say, Bullion is tightly coiled now; we can expect a move real soon. Pray it's to the upside; we could get rich over the next year.

Share
New Message
Please login to post a reply