So... I have been following the german message boards for Boulder for the last few days, and I can another element to why volume may be up; although strangely not effecting the SP that much one way or the other. Forgive me if I don't get the right call letters correctly... So, the rumour/news/who know's with the NMDC Boulder bid to take a stake in that mining company, whose name I cannot remember right now, well they are of course tied to the whole BHP Rio moves when commodities go up. As in recently the change of yearly to quarterly billing contracts. So many people are speculating that owning a stake in that mining company, as I believe they reported they are seeing upward movement, would add to value to Boulder. Which, is strange, as far as we know, if this is not rumourm BGD doesn't own anything yet. And if it gets more expensive to buy a stake in this mining company, and BGD doesn't own it yet, well... My point is, speculatively speaking, on the message boards in Germany there is a theory that when the miner adds value this adds value to Boulder. Insert some chuckles here, remove them if the mining stake is aquired in the future. Apparently though if BGD aquires a stake in a successful mining company, as part of a long view investment, this will be a big bonus for german investors; atleast. Would anyone be interested in me copying and pasting text either in german or translated in english. Mind you, these people often talk about Boulder like it's a pharma stock, so it's a little annoying? Of course this appears to be a necessary or very interesting way atleast to help control costs and productivity; but it may have the in advertant effect of adding share value to investors looking to play commodities with out having to buy into the futures commodities market directly. Later-Happy Easter.
BGD Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held