BTV has over $10m in cash, strong management, an advanced gold deposit/project, and an impending uranium spin-out...with a market cap now of just $35.8m.
I believe gold is going up. The recent action on the gold market is indicative to me that there is far more chance of it going up than down. Copper is in short supply, and the Chinese economy is not slowing anytime soon.
I am happy to hold all my BTV and sit this market blip out. I think I will be rewarded for my patience. I have a strong sense that BTV will be one of those stocks in the right place at the right time.
There are many other juniors which are built on thin air and the hype of the market. Be very wary of those.
I think it was "Blokes" who rang Management and got a rude response to his query on the U spin Out.....respect the fact that Management has to respect the rules of the game, and be careful not to disclose information which is senstive, other than via a public announcement. Also, it strikes me that BTV management will be very careful to structure a spin out so that it will be a winner. No point in rushing into this just for the sake of market hype.
Hang in there BTV'ites !!!
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