GREY:BYVVF - Post by User
Comment by
carinthianon Jul 21, 2013 12:58pm
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Post# 21620520
RE:Opportunities don't last forever
RE:Opportunities don't last forever[quote=FrankSmart]It's time to make some money here. I'm anticipating that the NGD/RR take over should come together by month end. BYV is working towards a 43-101 compient resource estimate with a ensentive drill program to follow. All I can see here is a massive opportunity. In which I will continue to take advantage of. Good luck all. [/quote]
Hi!
The takeover of RR isn't finished yet so why should they now take out BYV? I am a BYV shareholder but they are low on cash so 43-101 and extensive drilling sound good but where should the money come from?
As far as I understood the work they are doing is low cost which I prefer as everybody knows the gold is there so the question is why NGD should not wait if they can get it cheaper?
So I hope that they will take out BYV for a reasonable price but I can't see it yet. On the other hand maybe that way the price can recover to a level that more people can book a gain as most of us would need more than a double to get out of red numbers I would guess? I am hoping for 0,5 CAD a share to get my capital back.
Just my thoughts. DYODD
carinthian