BBR 0.00% 4.7¢ bora bora resources limited

Loved the stock and was hoping for much appreciation but now...

  1. 90 Posts.
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    Loved the stock and was hoping for much appreciation but now totally out -cannot believe how well it has held up.

    My reasoning is it seems from the appalling treatment of its citizens over recent years is that the govt seems it still cannot be trusted.

    Not a moral stand point from my perspective ,just an indication that the Sri Lankan govt is heavy handed in a lot of there dealing.

    So what they may say one day to the next can change which gives BBR so real security of tenure over there projects which for me makes the whole exercise of being in the country pretty pointless.

    Fellow poster Insaf who has direct experience in the country and how it operates ,in my opinion should be heeded.

    I do not trust a govt who declares an area a safe zone(mining laws/Jaffna penninsula 2009) and then bombs the cr-p out of it .

    In my opinion a govt still not to be trusted,pity really liked the BBR story.

    Hope it still works out for everyone who has decided to hold.
 
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