for the newbies, thought i would repost this

BML BOTSWANA is not the new SFR SANDFIRE, or COULD IT BE?

SFR has 107million shares on issue
BML has 106million shares on issue

SFR's market cap was approx $4million at the start
BML's market cap was approx $4million at the start

SFR's current market cap approx $388million
BML's current market cap approx $ 17million (and Rising)

SFR had approximately $4.5m in cash
BML has approximately $5.9m in cash

SFR top 20 share holders hold approx 50% of the stock
BML top 20 share holders hold approx 50% of the stock

SFR started with an initial discovery which as I will highlighted was added to over time from more drilling results and updates.

BML is starting with an initial discovery which we hope with 75% of the results still to come that BML can add to it as spectacularily as SFR.

SFR has NO JORC and NO MINE as yet.
BML has NO JORC and NO MINE as yet.

Highlights from todays announcement!

BML's drilling results are spectacular, they have to date only completed 524m RC drilling for 7 holes, anomalous secondary copper intersected close to surface in most holes, Highly significant sulphide copper intersection in ACRC0003 of 4m @ 16.99% Cu, 1071g/t Ag, 0.19g/t Pd, 0.06 g/t Au from 52m. Follow up drilling underway!

BML is also waiting the lab results from the RC drilling done in December 2009 at 2 other targets "Crescent" and "Sampowane", further drilling is underway at Sampowane to completethis program.

This discovery is only 400m west of the Maibele North Nickel Discovery where Nickel, Platinum and Copper mineralisation has been intercepted in past drilling, which BML are now reassessing in light of the Airstrip Results. BML has over 3200km2 under its exploration licence portfolio.

The board is encouraged with the Airstrip discovery and will report all other drilling results when they come to hand. These are expected this quarter.

SFR Share price and announcement log.

Announcement heading

30/01/2009 1/4 activity, some rusults are in. S/Price .08c
29/04/2009 1/4 activity, some GOOD result(low of.05c) .17c
30/04/2009 Drilling program update and leading into a trading halt on the 14/05/2009 SP had steadily risen to.28c

18/05/2009 High grade Copper and Gold at Degrussa prospect Share Price opens at .44c and reaches .69c on the 21st then from the 22/05 til the 5/06/2009 SP mainly between .44c and .55c. The 5/06/2009 hits a new high of .73c

9/06/2009 Degrussa update, future drilling. SP .60c
15/06/2009 T/Halt SP at .69c
17/06/2009 New Massive Sulphide Discovery north of Degrussa
SP opens @$1.00 closes @ .84c and goes as low as .77c within a few days.

22/06/2009 Additional Massive Sulphide recorded SP upto $1.07 and rising over the next few days.

3/07/2009 T/Halt SP @ $1.21
6/07/2009 Highgrade intersections point to significant discovery. SP opens @ $1.29, H $1.34 L $1.12 Close $1.17 Share Price reaches $1.50 by the 10/07/2009

10/07/2009 T/Halt SP @ $1.50
14/07/2009 Drilling extends known limits SP Opens @ $1.605
High $1.66, L $1.46 and Closes at $1.55 by the 21st $2.04

20/07/2009 27% copper intersected over 8m
21/07/2009 21.35m of Sulphide intersected in 3rd Diamond hole. SP hits $2.06 and climbs to $2.59 on the 27/07/2009

23/07/2009 Further outstanding copper intersections
24/07/2009 Rights Issue 1 for 10 @ $1.20 this then affects the SP for awhile. SP drops to $1.69 by the 5/08/2009 and continues down to $1.45 on the 28/08/2009.

3/08/2009 More spectacular hits.
19/08/2009 Further drilling success (price still dropped)
2/09/2009 Doolgunna 93.6m mineralised intersects, SP rising from the 29/08/2009 of $1.50 to $2.04 on 10/09/2009

11/09/2009 Completion of share issue SP rises to $2.25 and is continueing to rise.

23/09/2009 Doolgunna drilling continues to deliver SP $2.99
and continues to $3.99 on the 29/09/2009. SP then fluctuates between $3.2 and $3.90 on the 15/10/2009

16/10/2009 Spectacular new Drilling Results at Dulgoona Share Price Opens $4.23, H $4.39, L $4.03 Closes at $4.06

22/10/2009 Fresh results point to Exciting new discovery
Share price hits $4.15 but until 9/11/2009 mainly high $3

9/11/2009 New results confirm 3rd High grade Copper and Gold discovery SP hits $4.05 and within days hits $4.20

There has not been much more to report since then and the SP has been playing between $3.20 and $4.05, currently sitting at $3.60.

REMEMBER THEY HAVE NOT TAKEN ANYTHING OUT OF THE GROUND YET THEY DON'T HAVE A JORC EITHER.

Sorry for yelling.


BML BOTSWANA is not the new SFR SANDFIRE, or COULD IT BE?
You Decide!