BBX 0.00% 24.0¢ bbx minerals limited

Trial open cut mining planned: ~100Koz pa Au at a conservative 1oz/t Au, page-57

  1. 3,971 Posts.
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    Hi Midnight26 and all,

    I agree the sell side is drying up quickly as the days count down to the planned drilling program. With some 86% held by strong hands one would think that even the recent buyers looking to make a quick dollar would wait now for the drilling to commence it being so close.

    A quick look at the market depth for tomorrows open means any punter wishing to buy anything from 65K to 100K shares is going to have to dig deep into their pockets.

    Also for added interest it will be interesting to see some of the lab results from the larger samples as they become available.

    Whilst we all acknowledge there is still much work to be completed here I still feel there is more room for optimism here than some of the cryptic criticism we see on these threads.

    I still wonder why anyone holding a negative view on this company would bother to hold the stock or why anyone not holding the stock would try and rail against the current shareholders when many of us are sitting on paper gains of factors of between 6 and 8.

    Those with the constant view of the world as being a glass half empty will regard tightly held as illiquid whereas I take a different view and see the glass as half full; failing that one can always just use a smaller glass.

    I guess time will tell; I for one am more than happy to await the next round of drilling results.

    Cheers and very best regards: Andy
 
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