RE: Good NewsSince the stock has come back to the 60s level, over 250K shares have traded. Certainly there is considerable buying interest. Those who are selling are probably mostly short term traders or others who are tired of waiting. I don't think anyone who is selling here is making much of a profit, or are selling in hopes of getting in at a lower price.
The strong support at 60 cents shows that there are many who beleive good things are around the corner. Going for strictly a quartz permit is a good strategy. Had BBS management known what a hassle it is to get a permit, I don't think they would have applied for the kaolinte permit right away.
So much for trying to kill 2 birds with one stone. Much of the work is probably already done so the quartz mining permit shouldn't take long.
Maybe the government will see this as a good compromise in the short term and help them save face.