Well put. The past is now irrelevant as BKP has new management, cash levels of $2.6 million (at last check) and no debt and 2 permits (earning 75%)in the Georgina Basin. BKP is studying various new acquisitions as we speak and ISIS are currently assessing BKP's NT permits as we speak. For the doubters: 1. many companies with even more shares on issue have rallied from this point with less cash and less interesting prospects. 2. companies that have bought new acquisitions have rallied strongly of late (e.g. MOG from 8c to 57c in 2 days) 3. when CTP starts drilling in the NT the spotlight will also be on stocks with interests in the NT. Of BKP's 2 permits one of them adjoins a CTP permit, the other is close by. 4. BKP has a good PR machine. I realised this when I spoke to Colin Vost, a director, recently.
By the way, on another subject, many doubted the worth of the nearology effect when I purchased CYS options at 9.4c a month ago, today their 26c. They're 20 kms away from the SFR discovery at Doolgunna. A classic example of the nearology effect in action. DYOR
BKP Price at posting:
0.6¢ Sentiment: None Disclosure: Held
