buy signal triggered today....chart and info

New MD started today and check his credentials!

As per macrae12's summary:

"Valenta was also pivotal through Fronteer in the founding and exploration of 5 gold projects in Turkey as well as the Uranium project in Labrador via Aurora. Aurora has a market cap of CDN$980m after initially listing with a CDN$11m market cap. Given that BOM Directors are ex Hindmarsh, we could safely assume that the probabilities are strongly in our favour of a uranium acquisition -perhaps an overseas one.

Given that the Directors of BOM will be highly sought after, one could propose that a JV could be the go here with an overseas company to utilise their experience on boths sides of the fence. BOM also has the cash to enter into the formalities of a susbstantial up front payment. A Gold-Uranium-Copper JV would be ideal perhaps in Yukon in the North of Canada?

Surely all the better Australian uranium deposits have been taken already. Or have they? To entice him back to Australia in April and resign from Fronteer & Aurora, a large banana may be in the offing for this gorilla. The options package has made sure of it.

The company's website takes you straight to:

http://www.taylorcollison.com.au/

A large Sharebroker & Investment House.

This is another potential Hindmarsh - we have all the dots joined - the underwriters, Minotaur, the top s/holder of BOM (Gryphon - a boutique investment bank) being co-founded by a Hindmarsh Director. I sniff uranium and it is beginning to pong IMO.

You see Platsearch is also heavily supported by taylor collison and The Chairman of Hindmarsh was an Exec Director of Minotaur.

and there it is:

On listing, they stated that "Bondi will also retain about $2.3 million to $2.8 million of the cash reserves to meet corporate and administrative costs and to pursue other investments in the resources and energy sectors."

My supposition is then that they are quietly sitting on a uranium holding of some significance. They closed two weeks early and were oversubscribed trying desperately to be quiet.

Maybe something else?

We'll see"



cheers.