RE:RE:BKM Value Sept 2012 vs Jan 2022 Good to hear from posters who rarely if ever post on this board. That would include me as a pretty rare poster til recently. Especially good to hear from those of you who have been long suffering shareholders for 10 - 20 years, hanging in there, clinging to the hope that the BC government would right the wrongs of 2012 and 2015. I started buying in about 2002 and have added along the way when overcome by some form of temporary insanity I suppose. Added another chunk of shares a few weeks ago when analyzing the potential value of $2.40 shares. I would like to think I haven't completely lost my mind. As Salmon has analyzed many times, the risk/reward factor here is pretty darn positive.
Anyways, on a different note, he analyzed the value of the Morrison mine and asked why BKM shares are not trading at $15-$30 already pre permit granting. Great question - one that we are all thinking. I think probably two reasons: one, natural cynicism that Management can get this over the finish line and secondly, this probably is the most under hyped stock in Canada's history. No updates on mine value in the face of rising precious metal and copper prices; no self serving or promotional in press release over the last few years; as a matter of fact, very little public communication from the Board and Management of any kind. Hopefully they have been solely focused on making the EAO permit happen and not pumping the share value. Real value will happen with the permit issuance. I think that may help explain the surprising low value (and hence great buy) of BKM shares...
Am I missing anything?