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re: Ann: Bass Metals Completes First Tranche ... There is no way...

  1. marsup
    750 Posts.
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    15/08/11
    00:09
    Post #: 8820938
    re: Ann: Bass Metals Completes First Tranche ... There is no way for BSM to stop all exploration. What do they do with their geos? It will be very difficult to re=hire them later. Also they would not be as knowledgeable as existing crew.

    At present Lead and Zinc prices, BSM could re-start the dredge operation and make a dollar.

    I expect significant exploration success in coming weeks that should see SP start to recover from shellacking it will get when it returns to the market.
    BSM Price at posting: 20.3¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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