I picked up a few more shares this morning at $2.75, so I'm hoping that MiningGuru's optimism and my own gut feeling are aligned on the prospect of a rail announcement in the next 4-5 weeks. Given the long-term prospects for BRM, current levels look quite attractive to me and could only be bettered by another dip to the $2.50 level (previous, double-bottom support level and therefore an excellent entry level) followed by a strong bounce.
I decided to buy some now regardless and will be watching the next moves carefully.
Fingers crossed!
BRM Price at posting:
$2.85 Sentiment: Hold Disclosure: Held