RE: RE: RE: RE: RE: RE: RE: WHY All of my non-energy/mining "speculative" holdings are way down over the last few years as well. It is incredibly difficult for smaller firms to break into the marketplace and become commercially successful these days.The market is totally risk averse. Everybody prefers to invest in blue chips and cash in their 4% dividend cheques.
As far as BU is concerned, I see that their private placement is set at $5 million due to close on Nov.21st. That's about one year of cash at the current burn rate. Clearly there is no Clarisoy revenue coming our way for at least that long. I've held on to BU because I'm an optimist at heart but I'm really becoming impatient.