BMN 0.00% $3.58 bannerman energy ltd

why is bmn worth nearly half ext, page-2

  1. 27,118 Posts.
    lightbulb Created with Sketch. 3163
    It's more about the capitol structure.

    EXT is supported by some large british instos,

    BMN is mainly retail holders, plus the TSX, who are moving from BMN to producers.

    So, then you get the retail sheep doing the usual when any insto group swings.

    But, the fact that the brits well support EXT, similar geology, says nothing wrong with the resource.

    IMO, this is one of the best opportunities to accumulate BMN on the cheap. Volumes are reducing, yesterdays 410k was nothing cw the prev weeks 1m plus every day,
    hopefully will see it drying up, and people realise the wheels are still on.

    Yeah, it's always concerning to see it being sold, but this has created an opportunity that anyone would have been in a head spin to pick up 3 months ago. SO whats changed? A bigger resource. LOL.

    cheers
 
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