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Strategies & Market Trends : Ride the Tiger with CD

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To: Land Shark who wrote (60074)8/30/2006 1:31:05 PM
From: marcos  Read Replies (1) of 312987
 
I've been standing corrected on bmc for weeks - the wife has a new rrsp account, and in attempting to forestall stupid ideas introduced by her workmates, i used bmc as an example of a righteous minerals play, explained how they bought Donegal and lucked out on significant cash flow, told the whole Voisey's Bay story in relation to Michikamau, had to lay out from scratch the basic concept of how companies finance themselves .... and missed entirely the accelerated warrants part in that release this spring, aargh, completely blind-sided myself .... so guess which stock she most wants to get a quote on every day, ee-yup, bmc ... i also used mmgg in explaining stuff, but we can't get it into her rrsp until it's on Amex, and chances of getting it at the same price seem slim

Tomorrow it's four weeks since bmc started drilling Michikamau, so we're coming into the time when we could expect assays fairly soon ... plus the seasonality is with us strong, the next few weeks are close to early january for upswings ... if they come up with anything like effective promo those early warrant shares will get eaten up quickly, and i'll be vindicated as long as her ~.97 bmc.v beats ~2.25 nt.to [which wasn't the stupidest of those ideas, by a long shot, lol]
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