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Message: Valuations

Re: Valuations

posted on Oct 16, 2007 11:44AM

I believe BMK (Macdonald) is getting all the attention because it was the one prominently mentioned in the financial times article. This article gave legitimacy to NOT and so, by association, to BMK.

My belief is that UC is far ahead of BMK and, as I mentioned before, when Richard Nemis mentioned NOT's early staking, he said they wanted to be close to the UC/Spider/KWG findings. He did not say he wanted to be close to BMK. This doesn't mean anything really except his emphasis. Good for UC.

UC still cheap, under its historic high. This is a prudent buy, waiting for the drills to speak. The safest and most promising side play to NOT.

BK.

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