RE:Any shrinkage in Shares Now Would do What
Terry:
RE:"BRD is still well oversold and will be until it reaches the $2.50 to$2.75 range from which it should grow a lot more based on new reservefindings and solid management finally getting the attention we deserve."
[S] Despite the trading of Broker 79 (someone who should know has confirmed HFT of B79 and alleged psedo-liquidity). On the bright side; the major shareholders "may" get an "hint" of the Q2 numbers. Maybe maybe not? As we are still in the (multiple) transition zone (mainly to U/G and new contractors) do we think that Q2 would be close to the median 17,250?
BWDIK? We need the two quarters. Explosives, Fuel & lubes seem to be stabilizing. Manpower will continue to be a challenge as training (aka stope school and costly contractors) and "raiding" from the far north operations will be the (ultimate/interim) solution. Timmins is an expensive place to live but Matheson-BR & IF etc are more reasonable.
Happy Canada Day (excluding B79, yesterday's tape painters of course,for painting a positive month end close) and Fourth of July to our Amex friends.
GLTAL- GLAP
Cheers
Stanley