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4.7¢ bora bora resources limited

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01/07/14

12:24

Post #: 13594101
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Originally posted by nasabear ↑

For a true breakout we need to see it look at over 6% with the range looking at .90 in my opinion. A break with real momentum. If it breaks .90 then hold onto your hats and watch it race towards 1.20 - 1.40.

Whether it stalls, falls or stands tall at this stage doesn't really matter, the value is there, it is undervalued and it has so much further to go whilst also dragging its kid brother MRF for the ride. All news is blue skies in my opinion.

MRF has better leverage for now in my opinion but how long can that last?

It takes time to consolidate new ranges, BBR needs more time, capital and on the ground management and oversight. Oversight is king!

BBR could crack 1.40 once the niche is efficient and the news continues to march lock step with their announcements.

BBR needs breathing room and fortunately for us the Flakers still haven't caught up to speed with the reality of a Veiner like BBR. Very patiently holding this one when it was ranging months ago in the 20c range, how long ago was that?

The Shorties on BBR right now might pull the pin and give up their shares to the Longs. Could be chances here next blow-off for accumulators.

It all depends if the news and price bring in new longs whether or not BBR explores the next range in its re-evaluation.

Kind Regards

PS - DYOR !

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I'm very much enjoying reading the banter on BBR. A small note of caution, IMO this is going to take some time to fully develop. Don't be surprised if the stock pulls back during periods of no news. Great buying opportunities will present themselves but you need to be patient.

BBR Price at posting: 70.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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cracking 0.70, page-56

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