One thing about this market is that you can't get too much stock. The turnover is pretty low but if 12500 helps that's good.
Zinc still remains in the dungeon and BSM is still linked solely with Zinc despite the broad based exploration program.
I've got a truck load of these and am basically just in a holding mode. Fundamentally BSM is looking good with the Put Options guaranteeing the revenue from Zinc, exploration remaining promising and importantly Zinc looking like it has bottomed.
Considering how bad OXR - Zinifex/Allegiance is tracking it probably makes sense to get into a major like that as a recovery stock rather then going with a junior but at the end of the day I still think Bass has a good future.
Chinkiat
BSM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
