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Bullboard - Stock Discussion Forum Blackrock Silver Corp V.BRC

Alternate Symbol(s):  BKRRF

Blackrock Silver Corp. is a Canada-based junior metal -focused exploration company. The Company’s principal activity is the acquisition, exploration and development of gold and silver mines and projects in Canada and the United States. The Company is focused on low-sulphidation epithermal gold and silver projects located along the established Northern Nevada Rift in north-central Nevada and the... see more

TSXV:BRC - Post Discussion

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Post by ValuePro on Sep 01, 2020 10:29am

Drilling

And with the price of silver approaching 29-dollars per ounce this morning, I predict that eventually trading in Blackrock will become hysterical.  Just wait for more analyists and newsletter writers to glom onto this story.
Comment by marketmover1 on Sep 02, 2020 10:50am
one would think there should be enough eyes on this to support the SP from dropping 25% from the recent highs. I see further pressure on share price on the downside unfortunately.  GLTA MM1
Comment by tbnorthstar on Sep 02, 2020 11:30am
I sold the remainder of my position yesterday and not because of the results. Sure, they had a couple of holes that missed due to no fault of their own. My reason for selling was the market reaction. It has spoken and the word is, we need to regroup here for a bit. There is absolutely nothing wrong with Blackrock or the ir program at Tonopah. I expect BRC to bounce back in the medium term and I do ...more  
Comment by Traderman on Sep 02, 2020 11:38am
I think everyone is following suit and the price is dropping accordingly, every reaction is an overreaction. 
Comment by ValuePro on Sep 02, 2020 9:04pm
I would think that the price of silver will have more to do with this issue than anything else at this time.  It has been looking less promising of late but many analysts and newsletter writers are looking for a big surge coming soon.   Having said that, thnorthstar, I recall an older generation of investors saying that no one ever got hurt taking a profit.  Good luck to you.  ...more  
Comment by ValuePro on Sep 03, 2020 8:03pm
Congrats on your excellent timing for getting out two days ago.  After two down days now - largely due to lower silver prices - how do you feel about getting back into Blackrock at this point?
Comment by tbnorthstar on Sep 03, 2020 11:04pm
If you are asking me V.P $1.15 isn't the worst entry point to add a first tranche. Patience will be the key as I think it will be much harder for BRC to go on a huge run. Having said that, Andrew is an excellent marketing machine, I really like his style and the project is a good one.  Cand BRC make a new high in 2020? absolutely, will it? Not sure, but wouldn't bet against it. I ...more  
Comment by ValuePro on Sep 04, 2020 1:44pm
Yes, I was asking for your thoughts.  Thanks for sharing. On a related subject, I am thinking that there are too many smart, well-financed juniors advancing exploration projects for gold and silver in Nevada.  This should scream opportunity for someone to go about consolidating some of these to build a major producer out of a number of juniors.   It happens, so I will be looking ...more  
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