by, 7th-November-2008 at 01:40 AM (7091 Views)
I'm finding it harder and harder to not jump in to some of these seriously oversold juniors with cash and known assets close to the majors.
BRM is a classic.
1.5b tns of IO with an MC of $70m and cash in the bank of $110m..
Might have to take a long term punt there.
Surely a takeover on the cards. Just at it's cash backing is a 40% return.
Long term support at .50 ish holding. For now.
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