RE: To punt or not to punt,that is the questionThese plays usually revolve around drilling, and the drill season is over at Toodoggone, and yet to begin at Gordon Lake. There's usually a lull between drill programs, and that's where we're at currently. At the same time, Fisher can move the stock up anytime HE wants to.
Some selling may be traders trying to dart into a "hot" situation and then hoping to be able to re-enter BRI before it moves up. If it works, great, but the risk is missing the move off the bottom.
At this stage in BRI, it's a GREAT accumulation. They've got two very promising projects they'll be drilling on next year, and a very capable promoter. All it takes is a bit of patience: it may be sooner or it may be later; you never know for sure unless you're on the inside. Pretty damn sure AF will give this a good ride though.