BMX bemax resources limited

I held this for a year and it traded 0.24-0.25 for pretty much...

  1. 955 Posts.
    I held this for a year and it traded 0.24-0.25 for pretty much all of it. Got out at the recent spike for a lousy profit (got my brokerage back).

    Today I notice a write up in The Australian,

    "Two more mines as Snapper sands double"
    http://www.theaustralian.news.com.au/story/0,25197,22193658-5005200,00.html

    It all sounds good so I want to ask if the future is looking more lively for this snail of a stock? Will the reported activity translate into price escalating income?

    Or is this the eternal 25 cent stock with lots of promise "in the long term"?
 
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