that statement to be fair is premature at this stage..
what is true to say is that they seem to be leveraging historic activity-be it Taylor or Heggarty's..
that being said there is so much hot money out there-it seems to be slightly more rational to buy scrip in backing the possibility of finding the 'next PDN' ..than buying Lotto tickets...so the BLR's of this world are rationally taking advantage of the 'boom'-its v.cheap capital ..
The crucial issue in this current climate is to minimize the risk as much as one can whilst having an option on the blue sky'...and that is where management and their track record is the only thing that really counts- and that is why i am so negative on BLR- i could give you fifteen reasons why that dont shape up from a risk management perspective based on the criteria that i use to assess risk in what is par excellence a risky business at best...make your choices spend your money..good luck to all in this once in a 50 year opportunity
- Forums
- ASX - By Stock
- BLR
- meerkat is right...blr is hypothetical
meerkat is right...blr is hypothetical, page-2
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online