Broker VSA initiated its coverage of dual listed hole in the ground wannabee gold miner Bullabulling Gold (BLG) at 7.15p with a speculative buy stance last October. With the shares at 1.875p the unrepentant broker’s stance is unchanged on this AIM Cesspit posterboy.
I guess VSA was half right; Bullabullshit is highly speculative it is just the buy but that was a duff call. Even VSA which seems to be a fully paid up member of the Bullabullabullshit fan club admits that at current gold prices (or indeed at $1400) this stock is worthless.
The gold price is now $1250 oz. It is all very well
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