When you punt a small resource, one of the most important factors you must considered is cash flow. Once the company has income, its exploration programs can be accelerated aggresively and your winning chance will increase greatly.
I always choose those small companies with income, such as RMS a month ago, you don't have to worry the companies will consitently raise capital and end up the share price go south or end up "consolidation" for sure.
BAR is one of them with income and good exploration potential, e.g.. 13000 t Co and 27000 t Ni, resource estimation is in its way. Actually, you may notice that some smart money already sneak in, on 21 May, 388 trades with a volume 7.5m peak price at 53c.
Let's see what happen. Good luck everyone. DYOR.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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