This is just the start of the news releases.Expect at least a couple more with the May 16th lab results. This is just the start of the good news.
As mentioned previously, the tone of the drilling update was a lot more positive than any I have seen in recent years. They have a lot of expertise and tech on the ground this time around. They said these cores looked promising on the hand-helds. Lo and behold, they are very strong results.
They said the core from the Butler drilling looked promising and would be back from lab on the 16th. I think we will be very impressed with those as well. Then we have the Ovoid, and all bets are off when they drill that thing. I am a pretty patient guy, but I have to admit to being very optimistic on the next 90-days for BMK.
As for the immediate SP impact from news releases, look back on the history of NOT, FWR, SPQ. and some of the other more noted ROF Companies. May times the news release comes out, there is a slow ramp up of interest, and then the share price appreciation comes days, sometimes weeks later.
Hang tight on this one. Worth the price of admission. As always, GLTA.