be careful

g'day bkp holders

Another setback with the delay in the Monza 1 drilling.

The market is stuffed at the moment as well. Probably not the best time to be holding a spec stock.

BUT BE CAREFUL if you are a long termer with a substantial holding, these situations are difficult to assess.

"Should I sell OR should I buy more to reduce my cost".

The answer is I don't know and neither does anyone else apart from management.

If you have held on for this long without selling then you are a dedicated long termer. Therefore you don't use stop loses and all the other technical sell signals.

All I can say is you are a gambler like me and you either have some "intuitive" plan OR you have a gambling problem.

If you are the latter and an cannot afford to be in this position then I really want you to seek professional help. Spec stocks pocker machines and all the other enticers are very seductive. Everybody wants to be on "easy street".

For those gamblers who hate to lose but it won't kill there lifestill LISTEN in.

This stock smells. I'm not sure if the smell is intoxicating or toxic at the moment but if it is the former then there is a lot of money to be made.

At the moment if you look at this stocks performance, you would probably say it is a dead dog.

BUT if you are an absolute gambler like me and have the funds to spare, I believe, this stock is still worth a punt.

One positive announcement, which I believe is inevitable, and the the price will recover manifold. This stock is unloved and oversold. even in a market of a major correction.

Anyway take my comments as you will. I'm certainly not a guru. Just my thoughts.

Good Luck
twang