Bluestone Resources Inc. Price Targets Explained – RICH TV LIVE – MARCH 8, 2019 – TODAY I BREAK DOWN ALL THE PRICE TARGETS FOR BLUESTONE RESOURCES INC.
If i told you about the markets and that crop is in the show in the show victorious propagates all day bring me so there you go honey we gonna show that shows you about the markets in this crop is in the show if i won’t you pop the largest localizes in the show if i won’t you bout the 52-week low tonight is joe you ain’t watching you ain’t leading edge of opposition
Yeah good morning this is your boy rich from which tv live and today i wanted to bring you some of the price targets from blue stone research blue stone research that i’ve been doing and the company name is blue stone resources inc now i would love to bring you guys evidence okay so when i bring you a stock i want to be able to show you why i like it
And why others like it and what potentially it could go to i think this is a body i’m gonna show you why look at this canaccord genuity capital markets has given bluestone resources inc a price target of $3 it’s currently at $1 19 everybody they’ve given it a price target of $3 that’s like a hundred and fifty percent upside from these prices this is what i try to
Do guys try to bring you the companies and i try to bring you the evidence as to why i believe it can be a huge winner and i’m telling you right now these are all huge analysts that are giving a buy rating to the same company right now canaccord genuity is giving it a speculative buy rating and a price target of $3 this was on january 29th 2019 let’s take a look
At core mark security’s core mark securities has given it a price target of three dollars and ten cents so all of a sudden now core mark is giving it a price target almost two dollars higher than where it is today and let’s just read their investment thesis bluestone is advancing the high-grade eight point five grams per ton high margin a isc of five hundred and
Seventy nine dollars per ounce cerro blanco asset in guatemala which is acquired from gold corp in 2017 we believe the strong management team x chemin ak x oceana gold will be able to navigate through jurisdictional challenges and bring the quality locai pex asset into production driving a multiple rereading this is a company i’m telling you guys that has got
A price target higher and at some point it’s going to go higher i don’t know when but everybody’s giving it a higher price target that is also a buy rating okay from core mark securities now let’s take a look at haywood these are all the top institutional investor firms in canada and they are giving it a price target of $2.75 and they are giving it a buy rating
Which is a projected return of 94 percent from here however it’s saying that the risk factor is very high so it’s very risky stock don’t go right out and buy it just because you’re hearing about this right now obviously it’s come down a little bit so be patient try to buy it as low as possible just because i’m talking to you about it doesn’t mean you need to go
And rent it buy it today add it to your watch list put it on your radar do your research and if you see it in a bottom load up because this is the type of pick that long-term a lot of people believe in what is going to go much higher this is what i’m showing you guys this because i’m trying to provide you with evidence i’m not trying to prove to you that you should
Buy this stock i’m just trying to provide you with evidence as to what i believe it’s going to go higher here’s p.i financial another big firm here in vancouver and they’re giving it a buy rating as well and a target of two dollars and forty cents so do you see the trend here if you want to look at the bottom guys look at the 52-week chart and look at the lowest
That’s been in the last year that will typically give you the bottom and then try to hunt that bottom and if you see it goes to that level that may be a time for you to try to pick it up you might want to pick it up even sooner because it might not go that low so that’s something that you have to try to determine for yourself ultimately it then the day all i can
Do is show you where i think it’s gonna go and show you where it is today and give you the reasons why i believe that long term it’s going to get there and that’s all i can really do i can’t tell you exactly where the bottom is and i can’t tell you exactly where the top is okay i’m not a licensed advisor all i can do is show you the charts do the due diligence do
The research check out the product check out the properties check out the management team look at the share structure and then look at all the institutional investors that are positioned in the company and try to get their opinion on it and right now they’ve got a buy rating a pi financial and a price target of two dollars and 14 cents which is still a hundred
Percent higher than where it is today so everybody’s giving it a buy rating here we go national bank of canada one of the largest banks in the country also giving it a speculative buy rating and outperform rating and a speculative risk rating and target of two dollars and forty cents and it like i said it’s currently at about a dollar 19 so there is a lot of upside
From these prices and this is why i’m showing this to you guys i just want to bring you the evidence this is not to try to get you to buy the stock okay guys i’m gonna continue to say that do what you guys want to do i just want to bring you guys the evidence i just want to bring you the tools that’s my job okay last but not least macquarie research has given
Bluestone resources inc a buy rating and they have given it a outperform rating and a valuation of three dollars and 19 cents a full two dollars higher than where it is trading today okay now when i do these videos guys it’s not to try to say hey guys buy the stock today you gotta give it a you know buy to start today by the stock today no that’s not why i’m doing
This guys okay i wanted to show you guys that i have a method to my madness i don’t just bring you guys picks and be like oh yeah this is a great pick i think it’s gonna do well it’s a gold company no this is a reason that i do what i do and there’s that there’s a method to my madness i do a lot of research and i try to find companies that i think are undervalued
Now a lot of people are gonna give buy ratings a lot of people are gonna give different ratings for a lot of different things and sometimes they’re gonna go up but sometimes they’re gonna go down just because i talk about a stock today and i tell you that i think that it’s gonna go up in the future it doesn’t mean that it has to go up that second okay or it has to
Go up that day it means that i think it’s gonna go up in the future okay and i don’t know when because i don’t control these companies so want to make sure you guys understand that now if you look at blue stone resources the lowest it’s been in the last a year is the dollar nine that’s the bottom guys that’s the lowest it’s been so when you’re at dollar 19 you’re
Pretty close to the bottom if you can pick it up at a little bit lower perfect right now trading who actually has a cell rating on it so like i said i’m not saying suggesting you should rush it to buy it the second but this is definitely one that i’m gonna keep on my radar and keep on my watch list and at some point i will try to position myself in this company
Just because everyone’s giving an abaya rating of like a hundred percent higher and i like those hundred percent returns so why wouldn’t i want to take a hundred percent return but like i said right now it’s still a strong seller bar chart so we might be able to pick it up a little bit lower be patient do your due diligence do your research don’t just invest in
It blindly take a look at the chart look at the bottom of the chart which i’ve marked look at the top of the chart which i’ve marked and try to buy it at the bottom of the chart okay that’s gonna give you a better chance of success all right guys i’d love to know what you guys think about this company if you like this company smash the like button comment down
Below share the video everywhere i told you guys i had evidence for you i told you had proof for you and i just brought it to you guys it’s what i do okay i bring the evidence i bring the proof i try to show you guys why i believe this company could be a big winner and i hope you guys like this video i hope you guys agree with me i don’t know when it’s gonna do
This i don’t know when it’s gonna pop like this but i have a feeling it’s going to at some point doesn’t look like it’s a huge rush because it doesn’t look like it’s exploding anytime soon so don’t go rush out to buy it just because we’re talking about it but definitely watch it put on your radar and i’d love to know your opinion on it okay guys if you guys like
This please comment down below let me know if you guys like this or own this or you’re considering buying it share the video everywhere if i win and you win we all win it’s a friday i hope you guys all have a great weekend okay i wish you guys all the best this weekend have a happy trading day if you’re not winning you’re not watching this is your boy rich we’re
Bringing the winners and we bring them to you first bluestone resources inc has got a buy rating from all the top analysts in the country there saying it’s between two dollars and forty cents and three dollars and 20 cents and currently trading them a dollar 19 alright guys thank you guys for watching have a great weekend i’ll see you soon this is your boy rich
Bring you bluestone resources inc it might be near the bottom could be a buying opportunity left to know what you guys think this is your boy rich
Transcribed from video
Bluestone Resources Inc. Price Targets Explained By RICH TV LIVEliveBroadcastDetails{isLiveNowfalsestartTimestamp2019-03-08T143134+0000endTimestamp2019-03-08T144502+0000}
