BMN 3.15% $2.95 bannerman energy ltd

Heard too much talk of "Yes we gonna build a mine, yes we gonna...

  1. 96 Posts.
    Heard too much talk of "Yes we gonna build a mine, yes we gonna be taken over." In fact, SP usually peaks before the mine gets build and TO price is more likely less than its peak unless Chinese is involved.

    Another stock I trade often is PLA, which is Low cash cost, high margin, even got Soros on the ship, still a non performer.

    So, a mine doesn't mean high SP.

    To me if BMN gets low enough, I will buy it as an option, Just like MRE.
 
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