Sheesh I could think up better places to put 215K, but I'll happily take the news as positive. Either a takeover is brewing, or he's long on the drilling industry, or he has strong emotional ties to Boart. If he's bullish on drilling and commodities, why wouldn't he just throw the 215k on a good mining company?
Hopefully a TO is brewing, even it means a loss for me, at least it's one way to get prices above 0.5c and cut this dog.
BLY Price at posting:
0.4¢ Sentiment: None Disclosure: Held