Hey folks
I tend to agree with michaelER to the extent that with the present market sentiment, no news would help our SP with any significance for any length of time.
Don't really want to use many examples, but everyone knows that even NOT's great news in recent weeks/month have done very little for their SP. In fact I dare to say, that because of all the hooplas, and the present market conditions, it invited the vultures to come sniffing and taking a shot at management. Better to keep quit right now. IMO
I am of the belief that BMK management is playing it right. They can keep drilling and when the fear subsides in the markets, and investors are paying attention again, then hit them with a bunch of good news. We can hit an Eagle 1 right now and nobody in the market cares, they are all looking at the global economic melt down.
By the way, the big 4 are still in the game!!! And I would think that as knowledgeable large share holders with clout, they would be making some waives by now, if they thought that BMK management were mismanaging their investment, or if they thought that BMK had nothing of value, they would be baling and we would have heard. IMHO.
Patience is going to be rewarded.
All the best...Geo
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