Selling BMN for BAU?
Your call.
My thoughts are this: MNM is a good spec play. I have traded it from mid 20's & sold at .36. However as a coal play, there is not enough info on their coal for my liking .. better coalies around. As a phosphate play they are early stage pre-exploration. At this stage nearology only. Potential to jump, yes. But its a very spec play.
BAU on the other hand have a MONSTER bauxite deposit(non-JORC). They ARE the real deal & have a $2 - $4 short-term potential. Really anything could happen to them if they announce a FMG-style deal with the Chinese.
Comparing BAU to MNM is like chalk & cheese imo. Having said that, I own BAU, but I also have place in my portfolio for spec plays. So once again its your call, to call a balanced portfolio of the best rising stocks.
cheers
buying window closing, page-16
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Mkt cap ! $6.764M | |||
| Open | High | Low | Value | Volume |
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