Re: BMK NEWS
in response to
by
posted on
Jan 21, 2008 06:13AM
Yes, a BIG HIT and only more big hits are coming
All I can think of is Management made a big mistake in releasing this information. No idea why they would have finally released visuals after indicating they would wait for assays before releasing.
Just maybe someone forced their hand and told them to release now, might have been investors and might have been regulators. Doesn't really matter since it's now out and the market doesn't like it.
The problem with the visuals is that it really can confuse investors, until assay results no one can tell if they are onto a favourable deposit or not. They didn't follow up by saying anything about followup drills, likely because they want to see assays before deciding.
Lucky to get away with the drop we saw but it still doesn't put BMK out of the game and is further evidence of widespread mineralization.