GREY:BURNF - Post by User
Comment by
nofluffon Apr 13, 2016 3:14pm
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Post# 24762913
RE:RE:RE:Halted
RE:RE:RE:HaltedA couple of points here guy's. 3 years ago the copper hill was validated by one of the goodman funds and red kite. As copper had a prolonged drop and moly a quick crash both goodman and red kite withdrew funding. As it stands with price per pound copper and moly bve is a worthless company will a million debt. That can change in a heartbeat. Bve has not declared bankruptcy as no one is pressing the issue with ame holding title.
Companies explore and develop for the future. In 6 months copper could be 3.00 u.s. Also bve has a large tax pool I believe which along with ame's should allow there sale of ajax to be tax free.
So the ones on ame that voted the deal down turned out to be right. With the big fx difference copper is worth something in canada.
Ame could easily be worth a dollar in a couple months. So I think they would make a friendly offer
Offer of a nickle or dime depending on metal price for the company and clear up the debt and get exploring. They do not have to do that but I think they will.nf