$BGL #ASX - BELLEVUE GOLD LIMITED - LONG

Bellevue-Gold Limited, formerly Draig Resources Limited, is an Australia-based gold-exploration company. The Company’s principal project is the Bellevue Gold Project, which is located approximately 157 kilometers north west of Laverton in Western Australia. The Bellevue Gold Project covers an area of approximately 27 square kilometres over three granted mining leases and one exploration license. The Company also holds interests in the Tribune Lode high grade discovery and the South Yandal Gold project.

Its been having a nice consistent run lately with some good momentum behind it. Moving averages all lined up with price respecting them nicely and some volume coming through. Other technical indicators looking good overall.

Bought in yesterday at .32

I have a wider Falling Stop Loss at .304

Kommentera:

Guessed well on this one. Up 25% on my buy price so far with some good news timing.