James Bay Lowlands & Bob Lake Saskatchewan

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

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Message: I know it's a crappy day today but

I know it's a crappy day today but

posted on Jan 21, 2008 09:10AM

for those with a long term view, BMK is faring tolerably well under the present market conditions.

To be fair, it's really not a sell-off of any magnitude when you consider GRW's NR last week and it's price fell like a piano dropped from a ten story building.

Here's something to think about; John Harvey of Noront recently stated that they feel Noront has 50% of the good ground at McFaulds...who do you suppose has the other 50% of the good ground? : )

I think BMK will survive this NR; let's face it, folks were being unrealistic if they thought the first drill results would guarantee them Noront's early success.

This is a speculative play right now, and I'm speculating that by spring, these prices will be a distant memory. I suppose that's not fantastic news for shorter term traders, but some consolation for the longs.

Just my two bits

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