re: btvoa / toneo!
toneO, Let me air some thoughts that I think are potentially, and logically possible with this stock. I hold 1 Million BTVOA and I will be holding long with the view to converting into FPO's, probably early '06 if all comes to plan as predicted. Obviously, and firstly, the uranium exploration licence needs to be granted by the Feds, and I believe that will come through very soon. Tiger Ten knows the dirt well, and has indicated that it is very, very promising with the view to finding some very big uranium orebodies, as the (this) territory is renowned for it! Just ask the neighbours apparently! TT has put .20c as the stocks value prior to Batavia's plan to start drilling just before/just after Christmas '05, and if that is the case, I'll be well in front already prior to any uranium discoveries. Now drawing a line through MTN's market reaction to their announcement, with nothing proven, this leads me to believe that if there are any early indications when (BTV) start drilling, that uranium is indeed present, and with good grades, this thing may indeed rocket the same way, in a very short time frame! If indeed good hits are confirmed, then you could be talking anything as further exploration carries on, and especially with the view to production. (And they've already brought in a new experienced Director who knows his uranium for this exercise.) Now wouldn't you love to be sitting on 1 Million FPO's that originally cost you an oily rag as options, convert them early, sell on additional news, and virtually retire with the sale proceeds! Just imagine - bought cheap with very little downside risk, and far less risk by not being fully committed this far out! It's all in front of BTV, and I can't wait till it all gets rolling...............that's my plan, hypothetical at this early stage, but I certainly think it's all possible with this stock! That type of scenario is what brought so many PDN punters undone because quite naturally, they all sold along the way making good profits, but not life-maker's, because most had bought the FPO's and couldn't resist the temptation to sell as it went up, and up, and up!. I first got told PDN when it was .018c and never, ever got any! Well, a lot's changed since then, the biggest one being that the big 'U' is now legal in the N.T., and I'll never, ever let an opportunity such as this get by me again. With the BTVOA options at recent prices, the conversion premium @ .05c will be a song, and the upside that much more promising! And because one didn't over commit from the start, the patience will be that much more controllable. Sounds like the Batavia Super Superannuation Fund to me, and it could all happen within 12 months IMHO. What do you think? wrxsti
BTV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held