BH and others, as you all know I have been continuing to accumulate BSG at these lower levels ($2.60-$2.70) because unlike many others who felt sold out I was of the opposite opinion, I have my own reasons for this, and not because some think I have more information than you - that is not correct I have the same info available. I just would like to say however please do not blame Norm and his team for what you believe is a sell out. It is not, look at BSG's history and they have made a great effort, it is not often that you see a 9c company (by the way my lowest entry level was 5.7c) go to such heights. One poster mentioned the CEO from CDU and I agree with him there (we have a CEO who has never issued himself or his teams cheap options). So therefore I am happy to continue following Norm and his team - why - because they are honorable people to deal with. I have actually followed my word and purchased into Coc$atoo coal last year, again entry level of 15.5c. Over the last two days my patience has been rewarded now trading at 26.5c. In the CO$K thread I posted that it is possible this one can go the same way as BSG, certainly a 400% appreciation over the next two to three years is on the cards, especially if the Gladstone missing rail link gets built. Please do your own research.
BSG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held