Investor psychology. A very, very interesting subject, one I've delved into for several decades, I've got quite a few books on it.
Here's something you might find interesting, it's been on HC too, an ongoing Brazilian mining scam. That's not to say BBX is, all I'm saying is that it's an interesting scenario,.
http://www.smh.com.au/business/mark...worthless-brazilian-mine-20170619-gwu2m0.html
Trial open cut mining planned: ~100Koz pa Au at a conservative 1oz/t Au, page-158
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