Re: Smart People
posted on
Dec 27, 2007 07:21PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
I personally think this play was way oversold, more then most plays as they have all been depressed. Remember also that the big 4 are behind this stock. If they feel the price is too low, they have the connections to buy it up. There may have been some manipulations as well to bring it down this low. The big 4 may have also been aware of visuals that they have not bothered sharing with us as they called our sharing of visuals a promotional trick. But they probably have a pretty good idea of what they have hit. They have been drilling for over a month now. 1 drill rig will not by 8 million shares, but the big 4 may move a stock this much. My opinion is that this bodes very well for BMK. We will have to see the next few days.
Glorieux