Wednesday, January 02, 2019 7:06:09 PM
...Many of us own shares in Bravada Gold (BVA/BGAVF), which as of today is subtly breaking out of a 21 month down trend line (see chart below). BVA has rolled over every time it touched this line (seen in blue) since it was 34 cents CDN in March 2017. This is a significant development! Some decent buying volume in the next few weeks should take BVA up 50-100% to the .13 area.
I see a new base between 10-15 cents CDN developing in the next month or two followed by much, MUCH, higher prices later in 2019. This is a top notch prospect generator with a dozen quality gold projects in Nevada. Wind Mountain alone has a 1M ounce gold resource which is trading for less than $3 per ounce in the ground at .08 CDN. That puts zero value on their other projects, of which several already have partnership agreements with majors. Recently, Oceanagold ($3 Billion TSX listed company) signed a JV deal to drill out Bravada's Highland project. I wasn't expecting anything to happen with Highland but it shows how deep Bravada's bench is regarding their projects.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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