Buy on rumour sell on fact, that's the mantra.
You have EXT which month by month releases further drill results confirming that, YES, the U is there and, YES, it is in commercial grades and depths exceeding those of its neighbour PDN.
Then you have BMN which has yet to find anything and yet it rises and rises just as EXT did when there were no results. Can you believe that no proven results lead to a 15 cent sp and many proven results leads to a 7.5 cent sp????
The lesson? The lesson is buy on rumour, sell on fact.
Me, I have yet to learn that and still (perhaps naively) believe that as the months progress and the drill results mount up, EXT will release one announcement that will finally cause the dam to break.
I mean, how much do you need before you see that these guys have the real deal?
I hold and wait ... and wait ... and wait
just the way it is
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