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Strategies & Market Trends : Beat The Street With SI Traders
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To: heinz44 who wrote (85946)7/15/2011 11:46:29 AM
From: ralfph  Read Replies (2) of 233883
 
BGM - read the reports very carefully . Solid burn numbers and income are lacking , ditto with future mining costs . A good map of the infill drilling and intercepts would be very helpful in doing your own resource calculations . The past history of IWA is a bloody huge red flag .
BUTT
(1) I think it has gone higher on less in the past ( memory is a bit foggy on this )
(2) price of gold is higher
(3) After a decade the stock is due for a pop
as a trader it looks decent
as an investment it needs a bit more meat.
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