Hilb
Your comments have been noted, however i must mention that whether or not BHP decide to continue with the the drilling program, should have no substantial effect on the share price as you say.
Yes, indeed it may adjust the share-price to some extent but to say it will substantially affect it, is a joke.
I would mention that from the results to date, from that drilling program,it would more than not pay for BHP to continue, as they have had some good positive results.
IMO, i have every confidence that they will continue
With respect to my previous posts on BRW, they have many projects on the go and in particular the opening of the Eloise Copper Mine.
This will bring in millions of dollars for the company in royalties, enough to continue drilling agressively for the next year
i would expect a further capital raising sometime in the year but at prices in the range of 20/30 cents.This is only my opinion and this would be the last raising, as then we would see the royalties coming in enough to not dilute the company any further
With regards to Norilsk not having taken up their allocation in the share purchase plan, this is neither here or there.
Norilsk is a company the Ranks of BHP and Rio Tinto, and don't usually participate in small share purchase plans as this.
They ARE and continue to be SLEEPING GIANTS, with a holding of approx 10.5% of BRW stock
They allow companies such as BRW to work Independently and IF and WHEN, BRW make Major Discoveries, they would pounce on the chance to take some more control in the form of either, more of a holding or possibly a take-over IMO
Your remarks of Nickel prospectivity in the areas they have been targeting make no sense.
BRW is now going to target excellent areas at Wildara and Miranda, next door to WORLD CLASS NICKEL DEPOSITS such as XSTRATA'S Cosmos Deposit
I would forget about the past and concentrate on the future
2011 is looking forward to being a very promising and exciting year for BRW and one of the companies best since inception
i hope all the Shareholders good luck and prosperity
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