GREY:BFDRF - Post by User
Comment by
investornoton Oct 27, 2016 12:30pm
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Post# 25393168
RE:OSK,... currently 7,... will add 4 more drill rigs soon,....
RE:OSK,... currently 7,... will add 4 more drill rigs soon,....Problem as I see it is that BFD does not have the bankroll to fund an agressive drill program. They also have multiple holdings so it is difficult for them to put all their eggs into one basket.
Unfortunately this makes BFD a follower and not a leader, which may not be all that bad a thing. It does mean however that if you are waiting for the price to head upwards to $3 it will be on the heels of a truly major discovery at their doorstep by others.
Good opportunities here all the same but purely speculative.