BKP, PCL and MMR

My wife is a greenie but I am the one managing "her" portfolio. Today, when BKP fell to 1.7c, I collected some shares in it.

If you look at the hype, then it is like a poorly rated Saudi Arabia of Australia. To be truly successful, oil and gas or even coal, has to be FOUND. But at 1.7c (it was even lower until someone highlighted its potential), I am prepared to take a high risk.

Just look at PCL today! It is still a 'believable' hype but someone with a deep pocket believes in it, giving it a big lift today.

And then you have MMR. Still full of believable hype in spite of failure at first bite. But investors are starting to move away from it after a brief rise last week following the big plunge when failure to find hydrocarbon was announced.