watch out, page-46

lizardrinker - are you buying or shorting?

I would have thought my sentiment and earlier posts would have made that clear. BMN is a short and has been for some time. I currently have no position.


lizardrinker - why have globalX ETF continually increased their BMN position to now hold nearly 13 million shares?

Ask them I have no idea why, except that maybe someday BMN will be taken over. It is definitely an easy target at current mkt cap. Do they still hold, as in today?


lizardrinker - why are you wasting your time posting on BMN? Compassion for us?

Free world I would have thought. Plus the postings of BMN is bargain etc, deserves balance in my view. Traders have had there way with BMN and why not, but it isn't some miracle to riches, far from it. More like an easy path to a loss as a buy/hold/and hope. BMN has been pumped as a buy all the way down from its previous highs. Even you thought a bargain at around 40c, did you buy? One big loss, unless short then and before then ;-)


lizardrinker - what happens if uranium price goes up?

See my last post re: BMN


lizardrinker - what about Cameco purchasing Yeelirrie at $3.40/lb and BMN currently valued at $0.21/lb?

Far cry from Namibia and Cameco are smart, why didn't they by BMN for a song?


lizardrinker - what about PDN's future contract and UAE's future contracts ... do they not support future growth of the uranium industry and price?

Yes, I also believe strongly in the growth of this sector. I just don't believe BMN will be a part of it for some time to come. See my last post re: LJ's comments, but I knew that before he finally decided to speak about it. He could have done the same a long time ago.


lizardriker - i think you are a smart poster BUT if uranium price goes up as expected if you hold a million BMN shares at 10 cents average you might make a buck or two ... or not.

Thanks, but I will never hold a million nor even one BMN share. I do hold far more than that (long) in other uranium, gold and gas equities.

There is a reason BMN is no longer $4 and instead 10c. The uranium price was only a part of it.