Anyone in? Another spec explorer tiddler... (I hold) Here's a list of shareholders: http://hotcopper.com.au/announcemen...e75-7d67-44ed-9f1f-1eebf8c6f106-BDI626326.pdf http://www.blinaminerals.com.au/
And finished the day at +33% Up & down more times than a bride's proverbial... The buy side volume if huge - not sure why, but it's a classic drive-down of the sp I think - got to be a reason why for a co so small to attract such interest... Hmmm... tread carefully... 55 sellers for 77.7M shares 78 buyers for 257.5M shares...
Just had a look at their website and my gut is telling me this is a pump and dump but if you get on the upside you might make a bit but you have to consider??? are you on the inside? NOPE. I see their mkt manager is hard a work, having this announcement in the papers, on Alan Jones and Ross Greenwood show so no doubt some fund managers combined with the aging demographic whoes income isn't moving as much as they require it to might be taking a flutter simply because of Mr Jones? And noticeably, when they say "COULD" deliver ownership of some mining rights in Mongolia of all places! I have to say buyer beware? - this is just a gut feeling but if you are a gambler maybe you might be picking a ST winner here. How you got on this so quickly is beyond me I reckon we missed the boat though because the firework display was short lived but I could be wrong.
You're absolutely right - BGS is a hold for me - BDI is exponentially more speculative... that's why I said tread carefully
