Winzer,
If ABX was directly involved, these little trades of 2,000 and 3,000 shares would soon end.
However, ABX wants big, 2 million oz.+, projects and can't be bothered to look at small operations, so I don't think ABX is involved. Also, ABX may get 50% of Geita, but they'll never get 50% of ASL since the government would not allow that to happen.
Strange that as soon as BGI touched $0.40 today, along came some selling. It's all small stuff so far and with month-end at hand, we may have seen most of the weak hands bail today. At $0.40 BGI is still so cheap. Now with the new drilling and the exceptional values they are getting so close to ground level, it is not a question of IF they will make another deal, it is a simple question of WHEN.
We will soon see BGI over $0.40.
Brian |
