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And it isnt that 3 newsletter writers are promoting it now (Lundin, J Taylor and L Roulston) it is the incredible economics of their project in Mexico . These only come along once in a while, the last one that had this much potential was SVM and we know how that turned out. Bought today from 1.10 up to 1.17
-------------------- The Mouse Posts: 443 | From: Valemount | Registered: Dec 2003
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where do you think this stock is going to go mouse? Do you have anyother recomendations?
Posts: 114 | From: canada | Registered: Mar 2006
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I think BAJ is a great , make that really great hold. I believe this one is a multibagger and just how high it will go will depend on a few factors. Firstly the price of copper going forward- many of the ANALysts have been saying for months that copper has to fall back to a buck - but it just keeps making new highs.Also the price of zinc and cobalt as those are the gravy that makes the copper a net zero mining cost. And the factor we are all waiting to hear - how their new mining plan is going to work out eceonomically. If all goes as planned they may profit over 100 million next year.
-------------------- The Mouse Posts: 443 | From: Valemount | Registered: Dec 2003
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Valuation is why you buy here- same as when I bought SVM at 4.35 . It had just ran up and over doubled as well but was very undervalued. BAJ fits that same description- if their mine plan works and the profits are as lucrative as they are projecting then this stock will be at 15$ or better. Now there a pile of exploration plays out there that you could buy dirt cheap and hope for a runup , but only 1 in a 1000 will ever be a mine. THIS one will be a mine this year and a very profitable one.
-------------------- The Mouse Posts: 443 | From: Valemount | Registered: Dec 2003
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Well i guess I caught the boat after all. This is just the beginning too, from my extensive DD into this it appears as tho profits will exceed 100 million next year. Now that works out to over 1.40$ a share in profit -so at even 5x earnings ( very conservative) that still makes a 7$ stock . I will sit around a wait a while longer. LOL
-------------------- The Mouse Posts: 443 | From: Valemount | Registered: Dec 2003
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Luckily took some profits at 1.94 as the fall has been swift. Anonymous dumping loads in the past 2 weeks, of the 4.1million $ worth traded ANON has been resposible for dumping over 3million $ of it. Sooner or later they should run out of shares and this will resume its rise as the company proves their technology and moves closer to profitable production. Their economics are based on metal prices 50% or less of todays.
-------------------- The Mouse Posts: 443 | From: Valemount | Registered: Dec 2003
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