Part of me thinks the performance of other nickel plays on the ASX is also partially responsible for lacklustre BSX SP action. Why buy BSX at 40 cents and maybe 5 bag over a couple of years when you can 5 bag in a day or week somewhere else? Not just nickel as well, obviously a lot of small resources stocks running at the moment, which is what BSX was doing a couple of months ago.
Market is impatient and probably wondering where some more drill results are? Is the delay just a delay or has there been nothing come through worth reporting?
Hopefully with this churn we are seeing a move from ST to LT holders.
BSX Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
