All fair points Pinto, and well done on making a profit. Little bit of luck in investing, no matter the T/A or F/A.
I very much understand what you are saying about management basically repeating the same thing over and and over. Hence my interest due to the stock being quite unloved. It is basically barely getting a conversation on HC. The main deposit does not excite me, what does... is the new 30km trend, plus, the U.S investors that have thrown $20m at them. At a guess, its the scale of the trend that has piqued their interest.
The SP has indeed underperformed, but... a lot of that has to do with the build up in regards to the resource release. Not really the fault of the company, expectations were too high, etc. That has basically caused the company to be relegated to junk status. I don't really think it deserves it. KIN... it has a horrid story, yet.. its risen from the ashes, and personally, I think its dirt is no where near as good as BRBs.
DEG spent years drilling, growing resources... yet dilution, led to the company head lower year after year. In the end, only a new, large discovery will change BRB, I guess I just feel their dirt will, have a higher chance that the plethora of other companies available to invest in.
4-5% of my portfolio at most will go into BRB.
Not sure if @Pointyfigures has time, but I believe he has BRB on his list of solid T/A targets. I am in no way expecting a sudden change in sentiment for BRB, but.. if management start getting strong suggestions from the new insto's, then I think we might start seeing how the market views BRB.
Good luck to all holders.
BRB Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held