I certainly don't like the smell of it either.I found that...

I certainly don't like the smell of it either.
I found that Mining Investments of Lebanon became a major share holder in BOE back in February when they where trading around the 4c mark, they are now trading at around the 15c mark and they haven't sold any shares from what i could see, in fact they have added to the shareholdings via some legal settlement from Gun Capital.

Sounds like they are an opportunist type of investor, small minnow companies such as ARO, BOE and a like which have minimum funds , but,good prospects, then Mining Investments of Lebanon step up and offer a heap of cash for a heap of shares at a time that the companies could need some help.

Still, I don't know exactly what to make of it as yet, time will tell. only hope that Leo Khouri (not sure on the spelling) isn't involved, then again maybe it would be good for us if it is his company.

All information posted above is available through ASX announcements for BOE.