I admire your tenacity in supporting this company, but I have to say that imo Mugello is a duster.
My experience tells me that this one is almost certainly not going to wind up a producer for BKP. I don't have any evidence for this assertion, it's just the sum total of the information that is available and the way it has been presented. The vagueness of the announcement (no net pay info - they've logged it so they know pretty clearly how thick each of these "zones of interest" are) as well as the timing - I'm not a big believer in coincidence. It's just a gut feeling, it could very well be wrong and I'm not in any way suggesting that people make any buy or sell decisions based on what I'm saying.
This delay is probably the only thing that is keeping BKPs price above 4c. The one positive I will put on this whole thing is that it's just possible that BKP have a plan in mind that will provide a turn around - and that plan needs to be put in place in the next week and a half (unless they find some other way of delaying the Mugello drill results).
I'm still holding for a possible turn around (or the LP2 results if we can last that long). Only being down a few percent I guess it's a little easier for me than for some others.
Next week might just be very interesting.
Cheers
Badfish
BKP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
