Potential Buy Entry Alert BGS

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $125.66 Million Market Cap, VWAP 0.55, ASX Ranking 691.

Company Overview : Birimian Limited (BGS, formerly Birimian Gold Limited) is a minerals exploration company holding a portfolio of gold projects in West Africa. The Group currently holds mining tenements for gold, nickel and other base metals. Birimian’s projects include the Bougouni Lithium Project, Massigui Gold Project, and the Dankassa Gold Project, all situated in southern Mali. The company also operates the Basawa Gold Project in Liberia.

BGS –  Birimian Limited

BGS is showing some great signs that buyers are starting to step back into the action to support price. Sellers have recently been squeezed out of the market on a push down to 0.40 and then buyers fought back to build a higher low. We are now watching for a push up through highs at 0.585 and then the higher low buy entry to setup.

Stock Code : BGS – Birimian Limited

Company Website : www.birimian.com

Current Price : 0.555

Status : On watch for buy entry trigger