ext v bmn, page-13

lord E, about square on the bmn I bought, however in missed opportunities im down probably close to 10-20 percent on the sold ext. Like I say, I have a two year outlook. I watched bmn explode to $4 and then dwindle down and didn't take profit. Once bitten twice shy, can't go broke by taking a profit.

The environment we are in now is a godsend for bmn and ext. Whilst the spot price is headed south, the long term contract price remains strong. I am hoping that we see consolidation in the sector, with the likely short term targets now being paladin and ext. If those two were to go the only logical target I can think of left will be bmn.

Anywhos back in the day I bought ext and bmn because I thought they were the two best explorers available, both with a great chance of getting to production. I still think that is the case.