They certainly must be taking losses at this all time low - just look at many a small Cap. & others - as the EOFY approaches their appears to be a rebalancing of portfolios wide-spread!
Some will be seeking losses to offset some positives & really don't care where they come from?
BLU appears to have some choice tenements, the confidence BLU has shown in their releases over time have encouraged many to support BLU - the missing parts:
1. MOU's aren't binding!
2. Land-locked from getting GAS to markets?
3. No "Time Sense" - just a continuous never ending piece of string that is appearing eternally elastic!!!
Meanwhile if my calc's are correct the John's are holding approx. 8% of this diminishing Small Cap. after hundreds of $Mil's injected into it!
8 years ago the market pushed BLU above 35 cents and here we are getting closer to delivering GAS at some point with a SP of 1 cent!
Will the East Coast Gas shortage coming BLU's way? If so, how will BLU connect with it?
Quite a queue fishing!, page-83
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
