James Bay Lowlands & Bob Lake Saskatchewan

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

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Message: Re: Just for the record re Rumour/AC
3
Feb 29, 2008 06:28AM
3
Feb 29, 2008 07:07AM

 "The other was that by the time they announce a definitive hit, the market will already be set for proper SP evaluation and not the rollercoaster ride they have been meting out even to NOT."

What would be the price of BMK if it was discovered there was nothing  economical on BMK's land?  It wouldn't be .55 would it?  Presently there is nothing measured on their property to give a real value for BMK.  Thus it is the expectation of the investors that sets the price in addition to manipulation.  My point is that there is nothing to guarantee an accurate valuation of BMK's sp when the "hit" takes place.  The market will likely respond to it as they have to NOT's releases perhaps with even greater fervour, particularly as results will be posted initially as individual holes, not 43-101's which would be required to come to a true valuation.  In the meantime BMK should be as likely to sustain interesting volatility until a real valuation base can be ascertained. I think BMK's find will participate in the snowball effect joining in the forces for the perfect storm.  We'll have to wait and see.

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