BTR 0.00% 1.8¢ brightstar resources limited

what is going on here ?, page-2

  1. 2,560 Posts.
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    D64, looks like you have got most bases covered
    The share price touched 90c today before it retracted so i can see $1 before the end of the week.
    The response to ASX on Friday indicted the company believes the last drilling results were responsible for current sharp rise in share price.While posters on HC see the results as encouraging they are not yet definitive of a tier 1 resourse.The share price has been rising for some time , way before recent drilling results so accumulation has been going on for some time.
    Is it possible that in the minds of some a big resourse has now been established and now we wait to see if it is so big that BHP will take it on (leaving BTR with a 20% holding),or BHP walk away leaving BTR with a 90%+ holding of a substantial resourse.Either way we know BTR are on a winner.
    So is it possible the share price has been rising because of the ongoing drilling results.Also with Zinc prices on the up we have Perkoa looking good.
    Good luck to all holders
 
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