bgf equities says byr is a hold for results , page-44

Hi Cashken

Ofcoarse we have risks like everything else in the spec end of the market and im comfortable with the current downside if Balatindi dosnt deliver, i understand that a few are getting nervous as losses are mounting as most of us have higher entry prices, im not happy seeing BYR under 30c let alone 25c but im staying the coarse and backing my reaserch until we see the results, i will take it on the chin should things not pan out.

I think that BYR has been played for very good reasons that we have all discussed, i cant see any point in selling out now as the downside has been greatly reduced and the upside is getting bigger. We also need to take a look around the market and see that many other companies have received spankings, BYR isnt alone in this department.