RE: Slow Waltz's at the bottom
It's gone so eerily quiet on this thread and for good reason, it's truly shocking in looking around of how many quality juniors have been relentlessly hammered into the ground over the past several months - where BCU obviously has been shovelled into the pit with the rest. Sheesh, it's as if the BRIC's will never need base metals again, in our case...copper (and moly to a lesser extent).
"Ok, whatever you figure there Mr. Market....supposedly you're always right....but i (and many others) beg to differ this time around".
Speaking of waltz's....we had Dundee buying a 100k block @ 0.40 on the 24th from guess who? (#1 Anonymous...that's right, what a level playing field it is in trying to gauge the houses with the exchange letting houses hide on both sides of the ledger), then we had a big "in house" cross of 890k shares @ 0.37 with 83 Research Capital on the 31st (end of month re-positioning perhaps...biggest net buyers by far from the early Bell days), followed by another 100k block by #83 @ 0.42 from the secret #1 seller(s), then Canaccord stepped in the ring buying a 100k block @ 0.40 from "guess who" (yeah, #1 again) on Friday.
Whazz up i ask myself? Has the Anonymous bleeding finally come to an end? This recent slight uptick goes lockstep with the Venture, perhaps this is "the bottom" there oldman...
And wait we still are there Monsier Gryphon (i heard them assays are now in Saturn lol) even for a piddly $1 share price, never mind the astronomical $ signs that you're seeing (please check a weekly chart again for some perspective of where we've been and are now sitting...she ain't a purty sight!). Btw, i guess i'm in the "naysayer camp" with the 200k share dilution forecast (still very long though). My first impression in hearing your "singing from the rooftops" was that you've been smokin some dang good BC grass....pass it around i say man! Heck, get this to $5 and i'll join you in a "Belle Ball" song!
It'll be a helluva tug-uh-war with the majors if BCU can prove up Kabba in size + grade in spades. Even though this chinese water torture has lived up to its name, the pain will all be forgotten with a discovery at the long awaited K5 holeand beyond. Lets get the show on the road BCU with a staircase (two steps forward...one back) uptrend showing on the charts getting out of this crappy penny status...
Drill it and let the Tango begin! :)
House Positions for V : BCU from 20080512 to 20080804