ERIC N ON BNN - BTE?I have had the opportunity like many here to listen to his broadcasts for years and would say that he was clearly not as enthused today about his top pick BTE as he was in previous calls on BNN. Interesting, he provided nothing new to the discussion, but he usually does - same story about low SP- BTE is misunderstood.
He noted that he valued BTE at 12$ which is less than what he valued it at a number of BNN calls in 2022 prior to the Ranger acquisition.
Given that he is responsinble for fund that needs to continue to provide ongoing returns to fund holders and maintain its reputation, it will be interesting to watch if Ninepoint reevaluates their position in BTE over the next year if the SP continues to lag.
GLTA