MichaelEr Thanks for that little bit of realism in your post.
For others, I feel your pain. I too have 150K shares of BMK along with several other ROF companies, all with a huge paper loss. Having said that, I still believe that this company will do well in the end.
Unless the ROF is a total fraud, absolutely nothing has changed except for the overall market mood, the US mortgage fiasco, add to that the summer doldrums, the banks and other big looser stock houses manipulating all of these stocks in an effort to recover their losses by deppressing the sp and hoping to shake them loose from week hands, makes it almost unbearable to watch.
I for the most part have shut down my computer and will not allow them to get to me. Because the reality is, that's just what the manipulators want to do!!! So that they can shake out our shares from our hands, at these stupid prices, and then sell them back to us when the overall markets recover.
Nothing, absolutely nothing has changed. All the extensive proved Ni, Cr, PGE and on and on the list goes, these minerals are still all there!!! And they have real value.
The only one thing that ticks me off, is that I did not sell way back in the spring even at a 20% loss at that time, I would be now picking up all of these shares, without any hesitation. The only difference would be that I could pick up three or four times the number of shares. Now that hurts to even think!!! And if I may say, that is probably the very thought that ticks most of you off as well. Not so much the company, but the thought "what if I had my original investment money available to me now."
So folks, please don't get angry with these junior companies, they have absolutely nothing to do with these market conditions. They are explorers and I hope that they will do a good job drilling and looking in the right spots. The market will catch up when it is ready to do so. In the mean time, for those of us that are longs, the worst thing we could do now is sell on emotion IMO. That would just be...... well fill in the word that fits lol.
Keep the faith, the ROF is for real and BMK still has the second largest piece of it.
All the best...Geo
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