Directors buying shares, page-183

It looks like pressure is building under silver and especially gold. Gold at $1860, silver at $25.25. If this continues all the PM stocks will rise. BML has lots of news flow due soon. The higher MKR, IVR etc... rise the better BML will look as a value proposition. A rising tide lifts all boats. Even if it is last amongst the silver stocks it can still provide a good return. Interesting to see if they can smack down silver this time. Potentially could be exciting. The trend has been poorly for BML.



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I remember mid last year IVR languishing around 1 to 1.3 cents for months, then the trend changed with silver price appreciation. BML will almost certainly be a producing mine, with good cash flow to support dividends long before IVR is developed. MKR has a mine and is producing. Probably BML will trail the capital appreciation of these peers for a little while but you never know.