log jam, page-17

BSM doesn't seem to have many admirers at the moment but once a flow of good news kicks off we may perhaps see a different complexion come over the board. I put my money where my mouth is a little while ago and took another bite at 12c, feeling confident that that price will sound cheap in a few weeks time. With my luck there'll be a batch for sale at 11.5c later in the afternoon, but hey, I believe I know good value when I see it. When I find another small miner with a fully-paid-for mill, positive cashflow from production, and strong realistic growth potential I'll buy those instead. Mind you, that doesn't mean I won't sell after a rise, with the aim of buying back in lower - that's the way I most often operate, even when I basically want to stay with a stock long term. I've bought and sold BSM many times. I figure it has to be a good strategy - I could have kept holding a few months ago rather than selling as I did at 46c - I don't think so.