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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: ogi who wrote (4465)1/9/2006 2:07:52 PM
From: Rollocaster  Read Replies (1) | Respond to of 78411
 
Remember after the SLW deal, BCM was frustrating everybody despite really good news and still yet BCM revisited 2.90 before going to 5$...

And silver is in overbought territory...

Like so many things right now...

Let's sit tight on that one... But also...

I encourage everyone also to read the «about peru» section, as 2006 will witness a battle for the presidency... between a prochavez candidate and a proUSA one...

bearcreekmining.com

Cheers



To: ogi who wrote (4465)1/9/2006 4:31:30 PM
From: DetectiveT  Read Replies (2) | Respond to of 78411
 
Ogi,

As the CEO summarized:

"We are very pleased to have so quickly advanced the Corani project to the stage where we are doing resource calculations and metallurgical work aimed at preliminary economic studies. We look forward to the completion of these important milestones at Corani during the first quarter of 2006. Although we are rapidly moving the project to the development stage, the district still has many more promising targets that can increase value by identifying additional silver and/or gold ounces."

BCM will be a large silver+gold+base metal takeover target soon and still has significant exploration potential to boot!
So, I too am a bit confused by the market's reaction.
With small juniors running some of the BCM profits may now be recycled in the small juniors and new discoveries like GYD.

As far as I am concerned stocks like NL and TM are relative turkeys and should not be moving up more than about 50% off their lows. They are a good 30% beyond that.
Aha! NL sold off a bit today- so just speculation going on!

I averaged down on a bit of TK at .40

Just my 2 cents,

DT