Post by
psych01 on Aug 08, 2018 11:15am
MTO down again pending Bachelor upgrade
In my view the SP languishes for two reasons. 1. the massive rollback a while back and the inevitble slide back---usually happens when a rollback occurs without spectacular news, and drill results although interesting does not equate to spectacular news. 2. all informed investors know that there can be no protitability in the new BTR/MTO entity without a significant and costly upgrade to the Bachelor Mill. What that enormous cost will be is pure conjecture until much more is known. Meanwhile, we watch with interest but find this much too speculative to come in at present no matter what results are published. The Bachelor upgrade must be spelled out first. IMO
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