GREY:BIXZF - Post by User
Post by
Atheenaon Nov 22, 2010 5:07pm
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Post# 17741328
Rubber meets the Road
Rubber meets the RoadWhy the fretting? We are going to drift...but when is that little NR coming for Minot? You think that might be a catalyst? I do. Once the feasibility study is done and the NR comes out saying that we are GO for Minot in the spring then the market will have to position itself. NOT EVERYTHING IS PRICED IN..lol
As I have said earlier and took a sh #t kicking for, BXI will not test the 2.93 high in the near term...but don't sleep on them. BXI's upside potential is FAR greater than most companies on the TSX or on any exchange for that matter.
If I told you that sometime within the next 2 years you'd be over $5 a share would be long? I sure would. 50% per year for me is great...no work involved. The reality is that I think that number is far more likely in a year. Why panic about 20 cents up or down. Unless of course you are the type to sell on runs and then attempt to time a buy back. Then yes, it is stressful for those types. Some one (I think it was Cap and in another post Prob) said that BXI is the kind of stock you buy and forget (stash in your mattress) for a year and then check back. That is great advice. Not advice that I will follow because I'm compulsive with BXI but you know, perhaps everyone but me should follow that advice..lol. The fact is that BXI has cleared some MAJOR hurdles. Yes, a few remain but they are not as daunting as the previous ones and BXI has performed very admirably over the last year....especially with regards to SP appreciation. If you feel its time to dump BXI and test your hand at the crap shoot that is the other far more speculative stocks under 2.50 then have at it but rest assured that at some point, perhaps when you are least expecting it BXI will have a run. You can be very sure that the next real run won't be 10 cents as the time window to profitability is much closer than you think...perhaps Feb? I just don't understand how anyone would want out of BXI now that the fundamentals are being established and the risk phase being left behind. Rubber meet road. It won't be long until the stock price reflects the 2011 potential...that is fact. Over $3.00 sooner than you might think. Use these down days as opportunities to buy cheap stock. $2.10? I seriously doubt it...but then again what do any of us really know?
Good luck to all longs,
Atheena