I went through latest news from BMK again and have an idea. These guys stopped all activity (saving money obviously) except one place where they resumed drilling and pending the results. You know the area I am talking about.

If they did not have good visuals they would switch to different location or shut down the program for 2008 to save money. But they are working in the particular area and keep drilling. I would not consider the following as pumping - they do have something found. And this something smells like nickel. I would be happy if they announce something as soon as global market will touch the bottom - let's say some day in February.