RE:RE:RE:RE:RE:RE:Rick Rule tweetGivemeabreak, no you are mssing the point. Yes, Brixtons market cap is 2-3 times that of Bonterra. But there are numerous deposits and they are considerbly larger then 2-3 times of what Bonterra has.
I remember some of the ultrabulls saying Moss and it's huge 1 meter hit (that they couldn't reproduce) was also 150 meters deep and they didn't have any issues with trying to over-hype it. As for accessing the ore it's called a ramp. You know the same kind of ramp used at Barry except it would actually be used. Then again this is a mountainous area and it looks like many of the drill holes were drilled from the top. So maybe they can access the 150 meter deep ore from lower down the mountain.
Again, If you don't like Trapper it's only one deposit. The main deposit currently in focus is Camp Creek. That is why BHP has signed on. I'm invested in Brixton because of the multiple large high grade and multimetal projects/deposits they have. Camp Creek is the main focus of attention and why BHP has signed on. They also have Trapper, Metla, and several other areas they can explore. They also have Hog Heaven...which Ivanhoe Electric (Yes Robert Friedland the guy who found Oyu Tolgi and the large copper project in the congo along with Platreef in South Africa) and Brixton are partnered on. Brixton actually has a problem because they have so many targets over their massive land package they can't drill them all. It's a lot better position to be in then wildcatting on Bonterra's property because the deposits they have already found aren't economical. Again Bonterra/Metanor has had 2 reverse splits on properties that have never mined for a profit. I'll place my bet on the 250 meter gold intercepts at Trapper and the 800 meter intercepts for copper at Camp Creek.
In the coming weeks we should be seeing the first drill results from Camp Creeks 2023 drilling campain. Again 200 meter step-out and they are drilling deeper where they believe the real copper core is located. We shall see you never know what the drill will hit or miss.
As for a reverse split, I'm not so sure just yet. Brixton also has the Langus property A silver, nickel, cobalt deposit they are either looking to go in with or sell outright. If they sell it they will/should have an influx of cash to continue exploration at trapper without further financings. You never know, it's mining. If they have to raise funds I don't see them having the same issues as Bonterra is currently having finding financing. For Bonterra a $20 million financing will bring them to over 200 million shares or an 80% increase in the current number of shares. They are almost out of money they are only drilling with 2 drills, no drill resuts from Duke, and they are having issues raising cash.
No thanks I'll stick with Brixton.