I is hard to tell. I don't trust JH any more than I trust NH. He made sure of that. As I have previously stated on the RLTR board, there are some potential synergies between BCCI and RLTR; however, I do not think the principals are concerned about their fiduciary responsibilities, and the record of these two, as well as other primary parties, show a lack of disregard for the investors. On the other hand, I do believe that if handled properly both companies could have a big run due to their relationship although, in the long run, the stocks will falter because of the lack of long term perspective towards the general welfare of the companies and investors.
With that in mind, I am holding on to my shares of RLTR but will not buy back into BCCI. Were I to consider buying, which I am not, I would put additional funds into RLTR and not BCCI due to a couple of reasons:
BCCI already has had a considerable run, and it is in an industry where major movement in stock prices tend not to occur. It is a relatively expensive industry for capital development and labor expenses, thus, no matter what one does, the odds for a large move is basically already baked into the pie.
On the other hand, RLTR has barely moved, and it is in an industry where one we---developed project can produce large returns with a relatively small monetary cost.
Of course, on the other hand, BCCI has somewhere between 30 and 33 million shares and nobody is going to challenge their legitimacy. Whomever is still here from way back is ready to sell, but some may change their mind if Hodge does something properly. I hope is independent enough of Henthorn to act on his own.
Of course, BCCI could benefit somewhat from a major move in RLTR, but if that happens, RLTR will produce a far greater return.
