still risky, page-35

Fillip

I agree with what the posters ahead of you say.

When I first invested in BMN all the prospects were good, which is now 1 year ago, I did quite a few trades, and then began accumulating.
Since then the U-price has fallen considerably, and the sharemarket has re-valued generally and I am sitting on a loss. It's not just BMN that's suffering this fate.

However, if you want to read up on BMN, there is quite a bit of serious research on this site, but you'll have to go back 4 months at least.

My guess is, we will see a bit of a bounce pretty soon, although I don't expect it to reach its former glory days of $4 plus.
Essentially, though, I am in it for the long run - the resource is there, the willingness to develop it is there, management seems to be o.k. with a new director sitting in New York to arrange further financing. Their present kitty is still healthy, a BFS is underway, an office is being built in Swakopmund: and Savanna is a minor hiccup, that will never make it to Court, but anything to do with possible litigation etc. does spook investors on any share - take a look at RWD e.g.

Also, watching the daily trading in BMN, there are still many day-traders, manipulators, bot-traders having fun with the share. Basically not a bad sign.

If you believe nuclear power will eventually move up to become a major energy provider, then BMN is a good investment.
I am ready to wait another 1 - 2 years, but will trade it a bit more if there is a chance to do so.

Good Luck

Taurisk