Monday, May 01, 2006

Bema Gold Corporation - TSX / AMEX: BGO, AIM: BAU

Bema Gold Corporation is a gold producer with mines and development projects in Russia, Chile and South Africa. Bema operates the Julietta Mine in Russia, the Petrex Mines in South Africa, and is 50% owner of the Refugio Mine in Chile.

Since the beginning of the second wave up ( May 2005) the stock price tripled.
In my opinion this is the second major wave up (Elliott Wave III) for Gold, Silver and PM stocks. If you are new to Elliott waves and interested – see this Free Elliott wave guide by EWI. If you want to know more I recommend this book and subscription to EWI service ( 30 days Free trail)

Bema Gold Corporation BGO chart

Bema Gold Corporation AMEX BGO weekly chart



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