re: cup and handle ... catalyst

If BSM announces a toll milling agreement I reckon that'd be the catalyst for a strong re-rating. <

They have a projected profit of $9 million from the Que river mine based on zinc prices from earlier in the year and not including the recent near surface intersects, extensions and high grade gold intersects.

Once a toll milling agreement is in place and govt mining approvals come back they could be up and mining in a matter of months.

And they have a lot of very prospective areas in both Hellyer and North Rosebury, with active exploration and drilling underway, some in JV with ZFX, that could yield enormous upside surprises at any time.

And they've also found a good shallow, high grade gold and zinc deposit at Mt Charter.

All for a fully diluted market cap of around $17 million.

Quite remarkable that they haven't taken off.