my point is you can't feed your family on the income generated by a company that doesn't produce any income. BTR (and any other non producing resource stock for that matter) is worth what someone will pay for it ("the market") until such time as it does produce an income and can be fairly valued. At one time I owned 5% of a private company that has $25 billion worth of mineral in the ground. I've owned those shares for 10 years and the mineral is still in the ground. What's it worth?
BTR will eventually be fairly valued by the market when it starts producing. Until it does though I can't see the point in complaining about what the share price is because the current share price isn't real or accurate. It's a guess based on the formula: value equals fact times supposition divided by fear. Scott Lowe spruiking the company may reduce fear or increase supposition, but it doesn't put more mineral in the ground.
BTR Price at posting:
68.2¢ Sentiment: Buy Disclosure: Held
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