just convincing myself that my recent top up of BCI shares was a...

just convincing myself that my recent top up of BCI shares was a steal at sub $2.70.

The independent experts report valued us at $3.80 - $4.13 back in May 2011 and the company has come on leaps and bounds since then. IMO the valuation would have been ultra conservative as well considering the takeover bid was @ $3:30. There were also some valuations from $4 to $5.08.

I think I can sleep easy!

http://www.miningnews.net/storyview.asp?storyid=2391619§ionsource=

http://www.resourcesroadhouse.com.au/_blog/Resources_Roadhouse/post/BC_Iron_gets_ready_to_roll/

http://af.reuters.com/article/metalsNews/idAFL3E7NC3WC20111212

http://www.theage.com.au/business/deals-collapse--and-probably-a-good-thing-20110511-1eiv6.html

http://www.brisbanetimes.com.au/business/price-tag-on-bc-iron-well-short-of-true-value-kpmg-20110517-1erec.html