Bullboard - Stock Discussion Forum Bluestone Resources Inc BBSRF

Primary Symbol: V.BSR

Metals & Mining Industrial Metals & Minerals

Bluestone Resources Inc. is a Canada-based precious metals exploration and development company focused on opportunities in Guatemala. The Company’s flagship asset is the Cerro Blanco gold project, a near surface mine development project. The Cerro Blanco gold project is located in southeast Guatemala approximately 160 kilometers (km) by road from the capital, Guatemala City. It is located in... see more

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Bluestone Resources Inc > Seems to me if the Lundins feel they can operate

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Post by drunk@noon on Apr 14, 2024 8:11am

Seems to me if the Lundins feel they can operate

in Guatemala, and make no mistake,, shelling out 200 mill US for the aquistion and another 570 mill US to get the project up and running is quite a commitment. The financial metrics of the project in a 2000 dollar plus gold enviornment is definitelhy worth it.
The process has been ongoing for over 8 months, so what's the hold up. One would think it is the time to pounce. S or get off the pot so to speak. One would think if an offer was to be made it should happen in a matter of months.

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