Salty I disagree.
In my opinion, you need to invest in a Company like Blue NOW. When the horses are out of the gate, the enterprise value erodes quickly as they race towards the line. A good company with good resources in a good market are my criteria for hitting an investment; and Blue meets all these now.
If we consider your comments for BOW in Q4 08, BOW was going to provide a good spot in time. So now that it is a good spot, is it the best time to make an investment, or was it a better time before when it was pretty clear that they were a good company with good resources in a good market :) Nothing has changed other than a cap raising and putting drill bits into mother earth.
I know I have taken your comment out of context, but just taking a moment to point out the huge similarity in BOWS and Blues story : )
Cheers,
SF
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