GREY:BNKPF - Post by User
Comment by
tinman8on Jul 06, 2010 8:52am
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Post# 17246115
RE: Shares Price?
RE: Shares Price?Jack50 - The market is being driven by fear and risk aversion/ technicals - which have nothing to do with fundamentals.
BKX decline is much the same as many other juniors with great potential and sound fundamentals.
Eg. IAE - has declined from a high of $3.04 just a few weeks back to close at $1.80 yesterday. There are many other similar comparisons.
The current SP of BKX - should be a 'screaming buy' if you have spare cash and are prepared to ignore short term volatility for an eventual big payoff.
The market is going through an irrational phase at the moment - punishing the good and the bad indisciminantly.
GLA