RE: From HBM Board
One other thing, HBM said they would have an update later this week. I am thinking it will be likely early next week but it could be today and then we should fly to new heights. Jim
----------Original Message Posted 12/10/2010 8:59:16 AM----------
Thanks for cross posting my comment. I did buy into the play BMK over the last week.
My opinion is that Hudbay has picked a few good juniours in the last year and a half. One was Aquila Resources trading then when Hudbay got involved at around 35 cents. Now at a $1.00 plus. I did hold,not now and not that there is not more upside. I do hold a position in Hudbay and continue to add including some of the newer juniours they have funded. This one has my undivided attention given what Noront has uncovered. I don't hold NOT.
The point I will make is that Hudbay has the expertise in mineral exploration that rarely misses and knows how to make things happen and has a cash reserve to continue to fund this type of exploration. HBM has not missed opportunities with several juniour companies they have picked over the last year and has shown improved resreves.
I have watched this Ring Of Fire grow and we all see the bigger companies are taking a keen interest in this location.
I'm betting on BMK pulling out some good cores and interesting assay samples given that the technical expertise is on site. If so, I see an interesting future for the company and a more aggressive step out drill program. I'm in and looking forward to the results.
Regards