Stevo,
You are a fair poster IMO and have been for 8 months or so. Others just roll out the same dribble and rehash old announcements and pass it off as insight. For some reason people follow it as though it was spoken by a messiah. I stopped posting here along time ago as it was tedious and not informative, it was just repetitive.
But you are correct in questioning the dribble.
Remember this is a very tiny operation at the moment they will not even come close to positive cash-flow for the company. But its positive and fantastic step for the company.
I recently bagged and a bit so I am very happy with the outcome so I sold. I am positive on BSM, but a CR is coming, and it will take time to get that 20K tonne. The stock still has legs but I think it will stabilize here for few months.
3 Announcements in 8 days is a sure sign that they are pumping for a CR. Especially when they can make another 2 announcements in 2 weeks
1) They are in full production
2) They have sold a Batch
I will buy back in at the CR if they have detailed plans for the expansion, and a detailed exploration plan. If not I have made great money in around 10 months.
Remember each stock has many many entry and exit points in its life span.
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