I don't think its worth completely sitting out on BSM until they have concluded the current exploration plan. The single sample we have been provided indicate that there is definitely potential. 25% Zinc anyone????
But WangChung is correct - Mine life is the issue holding BSM back now that its doubled its M'Cap post Cap Raising.
Unfortunately (unofficially) BSM has more mine life then advertised and higher NPV. I still don't understand why they only did 2-yrs of Fossey in the DFS... Suppose it was a time/effort/cost thing.
At this point in time/development BSM wont draw any serious buyers unless they deliver some very good news or the price comes back down into the very good value mid/low teens...
In my opinion anyway.
I don't think its worth completely sitting out on BSM until they...
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