BNL 12.5% 0.4¢ blue star helium limited

Ann: Significant Helium Discovery at State 16 Well, page-142

  1. 148 Posts.
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    Predicting the price will drop as low as .003 doesn’t mean it is easy to sell now and buy again when it drops. There is already a queue there that would get bigger, and it’s usually only a minute percentage of shares that change hands at that level. Trying to enter at the bottom, or sell at the top is a virtual impossibility.

    I have way too many shares to easily dump and buy at will. I’m happy to hold at my average buy price, and believe we will CR at around .005. It is then inevitable that price will drop a little before any rise. I am happy with the proved resource, I’ll wear the 25% dilution, and I will expect sales entering in to CY25.

    GC

    DYOR
 
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