GREY:BNTNF - Post by User
Post by
stockarchangelon Jan 02, 2012 11:26am
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Post# 19363868
Interesting
Interesting It looks like BNTNF is out of the Israeli consortium, through a settlement with IPC. The company will now receive $15,000,000 to move on and find another project. That translates to .15-.19 per share in cash, depending on the share structure, which I haven't had time to research completely. Trading at .04, this might be a good opportunity to come back in. There are several smaller resource companies out there that have produced great results but lack cash to go forward. Perhaps a merger is in order? I do have a few suggestions LOL.