i have not wanted to say this but i got a little lost on this...

i have not wanted to say this but i got a little lost on this stock, always thinking about lbs per share and forgeting my EPS spreadsheets.

in fact, a while ago I sold half my holdings at around $2.40 but then bought back at $1.65 after the new anomolies commenced drilling...

at $65 a lb uranium, the production fundamentals are not that good...the upside was not great at $2.50 over 3 years...at $65 a lb, I cannot see BMN worth more than $5 based on about 45 cents EPS...

i do sense the sell down was based on insider knowledge...

i have never been impressed by PB when speaking to him...

NM is an idiot...frothing at a recent presentation about the income they would earn at $65 lb when the share price was much higher...

the resource upgrade was good but not exceptional...grade slightly low at 200ppm when 250+ would have been more ideal...

BMN need success at another major anamoly...

resource must be increased...

apart from that, BMN does have major takeover potential...

many many would like to have AA...chinese, indians, areva, cameco....

that's my current view...

i has sunk in over the last few days when I remembered my spreadsheets...

stocks like CDS have a better and safer upside potential (all going well)...