James Bay Lowlands & Bob Lake Saskatchewan

Yes, a BIG HIT and only more big hits are coming

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Message: Given time to reflect

Given time to reflect

posted on Oct 26, 2007 09:23AM

What I liked about todays PR!

1) Didn't sell 1 share, I am a little imprest with the resiliancy of the SP!

2) Exposure by "big names"!

3) Drilling starting financing in place its "showtime"!

Dislikes

1) the needless halt, trapped, cornered, shareholders.

2) The price of the PP. We got fleeced abit. Or the company got "smoozed" by the big names. But at this point it is purely a spec play and that was the price the big names would participate in.

I know these are 2 different companies but on Oct 17th TTM resources did a 9 mi financing, the sp was at $1.32. The pp was for $1.50 and warrants at $1.75. Canaccord brokerd. Now the difference here is anyone that can buy shares for under 1.50 know that infact canaccord will make sure they get that sh price in the short-term over 1.50 and want those warrants at 1.75. The difference is ttm has a proven resource and BMK has not.

Going forward:

Looks good from here, in the end it will all depend on the drill results anyway. The fundamentals are sound, and I guess it is "crap or get off the pot time". I like this stock and unless things change I am very long in BMK!

GLTA BBOB

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