Good coverage by Business News https://www.businessnews.com.au/article/Blina-dusts-off-historic-reports-pointing-to-7-Cobalt
Now all they have to do is get the deal done, drill some holes with good grades and then someone will financially back them and all the share holders will win. There is of course the possible of that not happening, but what are we all here for? I for one am here to ten times my money, if I wanted to play it safe I would have got shares in some big company, that has a good track record.
You all know why you are here and the risks that are involved in buying into .002 companies. And yes there maybe a time to sell for profit or loss, but I base those decisions on what the company has said and so far they have said they can do it. If they fail I loss the small investment I put in, but if they make in work I make a truck load.
So for people who hold BDI or people looking at buying BDI make sure you are willing to loss the amount you put in. SO I would say invested small, 1 or 2 thousand at the most. Then if it does work out buy some more at .005 or .006, that way you get in when it's cheap, then top up when you know it's going to work.
Anyhow that is the way I think about investing in these companies. Hope this is helpful to someone lol.
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