Schuey, I'm not sure what caused the turnaround in sentiment today. Is it due to some misguided link to the FMG statement about Brockman formation or is it a leak of positive news? I hope it's due to the latter, which should become apparent over the next couple of days. If the buyers disappear, I reckon it might have been driven by buyers who can't differentiate between BRM and the Brockman formation.
I still have high hopes for Abalone. The initial results must be due soon and given the number of gravity zones they drilled in, there's a good chance that a significant amount of CID has been found. I was ready to buy a few more if the SP continued to fall to around $2, but it may not be possible now given the number of buyers that came out of the woodwork today.
BRM Price at posting:
0.0¢ Sentiment: None Disclosure: Held