MicroCapMayhem

After recommending BLE, it went for a run, before pulling back to as low as $8.80. Today, we are up incrementally, because of comments on ROBTv from Peter Hodson, a fund manager for the well reputed alternative investment company – Sprott Asset Management.

Mr. Hodson’s comments can be found here, http://www.robtv.com/shows/past_archive.tv
*scroll down the page from the above mentioned link and click on the 12:30 pm show, as well as the 1:25 pm segment where BLE is again mentioned by Hodson as a top pick

Yesterday, Jean-Francois Tardif of Sprott Asset Management (SAM), conservatively pegged BLE at $15 to $18 and as high as $30 if the price of moly were to rise in 07. Hodson’s comments reiterated Tardif’s bullish outlook for BLE. Hodson calls BLE “the cheapest stock on the TSX” with Hudbay Minerals coming in second. Hodson also mentioned BLE in a report in the Financial Times today, where he praised BLE's blockbuster acquisition of Thompson Creek Minerals earlier this year. (Financial Times P8) Hodson went on to say that an NYSE listing is likely for BLE and that they have masses of stockpiled moly, in fact, BLE has $100,000,000 worth of extra stockpiled moly laying around after business expenses.

This year alone, BLE has catapulted from a penny stock, to the largest publicly traded moly company in the WORLD and the 15th largest mining company in Canada by revenue.

So much is going on with BLE, such as a feasibility study, NYSE listing, 4th Quarter 06 financial statement coming out and analyst coverage coming online, I am reiterating my recommendation on BLE.

Jean Francois Tardif’s comments can be found here, http://www.robtv.com/shows/past_archive.tv?day=wed
*Scroll down to the 12:30pm edition of Market Call

Another flyer, which is up HUGE over the last 52 weeks is Tara Gold Resources (TRGD Pinksheets $1.25).

I have owned Tara off and on since $0.15. Today, Tara broke resistance and made a new all time high. I have a feeling that Tara may run tomorrow, so I would recommend taking a closer look as soon as possible.
Tara’s joint venture partner, Paramount gold (PGDP Pink Sheets), was last year’s high flyer and ran from under a buck to over $4 in short order, as I expect TRGD will do as well. The acquisitions keep on coming as the potential for Tara grows and grows. Remember, with Pink Sheet stocks you do NOT get the luxury of audited financial statements and the exchange can be ruthless. Be careful, but don’t miss the train.