GREY:BNKPF - Post by User
Comment by
tinman8on Jan 26, 2011 10:33am
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Post# 18028129
RE: Exxon in Germany
RE: Exxon in GermanyAgreed sublettesam - and your final comment about yesterdays SP is likely being some insitutional manipulation is probably on the money.
With an overall jittery down day on the market (due to the UK unexpected 1/2% decline for the last quarter of 2010) - the opportunity to contrive a sell -off was presented to the 'smart money' players.
Add to that scenerio the SP had come a long way in a short time - and the stage was set to shake loose a few apples - retail investors who decided to take profits.
I doubt whether most of those who have done their DD on this stock will be tempted to sell.
There is little doubt in my mind that BKX has huge potential - on top of which the politics work in their favour. Western Europe is anxious to reduce dependance on Russia for their energy needs so there will never be a problem finding capital or partners to develop found assets.
GLA