bmb v.s. xsr index

Depressing I know, but I thought it may be of benefit for BMB holders to see where our sector is at and also how BMB is doing, relative to our sectors index, the XSR.

The XSR (Small Resources Index) is now just under the GFC low on a weekly basis. IMO not enough below it to say that the GFC low as a support level is now broken, but we are nonetheless, on a weekly basis, below that low.

The last time sentiment in Small Resource Companies was this depressed (Nov 2008), BMB's share price was 4 cents.

I guess comparatively speaking we are holding up better than the rest of the sector, however 7.2 cents is obviously a disgrace, and very disappointing for us all....

I'm hoping that some of the selloff in ASX listed Small Cap. companies is due to tax related selling and that we may see a turnaround come June 30th.