BMN 2.74% $3.20 bannerman energy ltd

hang in . hang on , page-31

  1. 2,917 Posts.
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    Vayama,

    Yes . bmn & ext are standouts (I hold both )plus hold ern ....I'm running at a big paper loss on ern.

    We were told & warned last year this would happen with Uranium speckies!!

    The ' wannabe' speckies will drop to the bottom & only be taken up again IF....... I repeat IF they have a Jorc defined resource.....that can be a potential economic producer.Companies can drill 'till the cows come home' but have to have a decent resource that can be mined out.


    The brokers 'radar' will scan across these handful of companies with jorc deposits & be invested in for the long term ..

    Bmn & ext are standouts IMO

    Right now its not happening ...but it will!!


    vayama, Thought Marathon(mtn) would get a mention from you considering the drama last week or so , over them losing their drilling licence in Mt. Gee, south australia.

    Premier Rann, cancelled it after 'greenies' found 'radioactive' plastic bags (thousands of 'em) buried in the park!!

    I'm not a holder but was considering & then 'whammo' stopped drilling !!

    Was$6.50 all time high down to below a dollar for a while .....now about $1. 40-ish.


    Personally, I don't mind comparison of other U308 stocks & even other sectors that are in flavour ....during these quiter times for bmn waiting for final drilling results I often 'browse around '.
    I feel sorry for some investors on VRE (view resources) & cnp (centro properties) & marathon (mtn).

    Makes me feel confident in my long term view for bannerman...subdued sp for now BUT we are in a US depression keeping the lid on everything.
 
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