a quick recap...its probably a winner

So here's my take and experience on BOM...

Started as a uranium explorer, always has been always will be. Good tenements in NT and Qld for U and possibly gold.
How many companies have areas in Qld where you still can't mine for U waiting for a change in heart of the Gov. I've been hearing for at least 3 years that they are on the verge of allowing mining...Its just silly sometimes.

The company has constantly under promised and over-delivered (for my mind anyway) and the SP is really beaten down by crapola markets and the sell-down caused by Buffalo Gold's financial problems. Day traders haven't been interested since a couple of years back when it hit 85c or so. They'll be around again no doubt...

I'd much prefer this situation to over promising and under delivering. Check out Alan Blood at MKY for its "Bonanza Uranium Grades" that turned out to be garbage. Bondi has never bothered delving into other areas. They've "stuck to knitting." A lot of others have been scurrying around to the "what's the next big thing" bandwagon with uninspiring results.

Management is well experienced (Rick Valenta was at Fronteer in Canada which went from 55c to $14.51 in his time). Rick always, and I say always, replies to emails and requests and usually within a couple of hours. To me, regardless of the outcome of the latest drills he's a star...

Team has a history of great finds, well managed expectations and the highest integrity. How many juniors or explorers can you say that about? Check out PRW for a comparison. I've heard directly from them that they'd rather wait for confirmation before releasing any announcements that seem optimistic but based on limited sampling.

Excellent joint venture with JOGMEC who are happily throwing up $3 mill for exploration. Low number of announcements and they are to the point. Pretty samll number of shareholders...Comprehensive initial assessments of tenements. Need I go on?

This situation has all the makings of a pretty big pop and I believe, the right people and dirt to be a big winner over the long term.

Time will tell...If I had some more cash available right now I'd take out all the positions up to 15c without hesitation....