How many board meetings are they holding anyway?
CoB is important notably for contacts but like the US govt. with Regan in charge (and arguably Bush and Obama) the corp. can run without much input form them.
As far as I'm concerned were getting all bent out of shape, building straw men & clutching at straws when opaque selling is overwhelming buying possibly by panicking some retail holders.
All that stuff about BR . As I see it they want to reduce their exposure to resources as they have too much of it and have benefited form it. They see a resources crunch coming due to rising US rates. I'm seeing small U explorers getting (attributing) the same treatment to BR.
For big boys its' not that easy to get out or or reduce positions so they have to do it steadily (and potentially painfully for us). Ouch baby! IMHO.
AVB Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held