RE: Buy-in target dropping...There are only four problems with your theory.
1. There are a few institutional companies that have taken an interest in BTC.
2. They have a drill program underway at Bermuda.
3. Management plus five prospectors and two Tech geologists are at King Lake.
4. Plus there is other projects that are on the go.
Can you tell me of any junior company that has this much on the go and is only trading at the $1.5 range. I've posted this on the board a few times before with no takers other than before the price of the company was below one buck when I did post it.
I would say that anybody who is selling now must be brain dead which is a not so polite term to say that they don't understand the mining game or else they are in finacial difficulty and they require money.
MM