share price, page-2

1) Speculative stocks can move up or down very quickly. I generally don't focus on daily or mthly movements.

2) Current EU situation, USA debt problem & Chinos hedge fund saying Chinese property & banks are going to collapse (hedge fund shorting Chinese property stocks) all contribute to share price fall. Almost every speculative stocks/microcaps have similar downward-trend chart. Even WPL (Woodside) is down around 10% this month & KCN (Kingsgate) with gold at record level is down very heavy this month (about 15%). I have no share in neither of them.

3) Botswana stocks have been down eg AFR (coal in Botswana), some say may be govn is reviewing mining laws, royalties & infrastructures. Market doesn't like uncertainties.

4) Investors are also worry about small caps with no cash earning eg BML will need to raise capital for explorations. It will be hard to do a share placement in current market unless it is at massive discount.

5) Also BML not releasing results till next quarterly review could mean results are not exceptional. In current bear market, this is not good enough. Results must be exceptional for investors to take risks in bear market.

Personally, I bought some around 5.5-7c (I think my average is 6c) I am not worry at all. I can buy many time more, but still waiting for market to improve especially BML unlikely to release results till next year.

BML is not for faint-hearted investors.