Well I wouldn't say it is spiraling down at all. It's basicly holding a bottom price of about .12 euro, and your 19 AUD range. I personally had thought when they finalized an agreement at the end of December there would be a significant rise in the value of the share price. But as you all know they didn't do a very good job of PR-ing this news. In any event it would have spiked the SP, and then we would of had some selling off a bit. This is fine territory as far as I am concerned because we all know that all we are going to have before production is some news releases. I suppose when an EIS is released, and there is that last go ahead, we should see a SP dramatic move. But I am long on Boulder. There is constant work in progress news, like negotiating, contracting talks, work camp news, etc showing there is alot of work being done on this from many different angles. So, it will be a good pay off down the road. Plus from the comments of their partner it looks like we may get some suprise news here and there if they do go ahead and make products for elswhere then just Saudi Arabia. I will be taking this opportunity to be purchasing more shares.
BGD Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held