As a former driller of Longyear from the 60's and 70's both here in Aust and Canada Ive wanted to take a emotional holding in BLY but missed out on the float and its rise into the teens but with this darstard fall Ive been tempered to dip my leg into a share holding, Ive backed off at .40s then again at .30s but after reading the chairmans report was tempted at .21-.22 but something said no.
My question is do I buy at .15 nor will BLY disappear down that plug hole taking 120+ years of research and exploration history with it. Is there a revival play afoot with a massive consolidaton play once again or is all lost.
Something to ponder over the weekend , the turn around should come in its fortunes but I cannot say will as that's meaning that it will happen, should intimates that it could happen, Hmmmm !
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