Bluestone Resources Inc V.BSR

Alternate Symbol(s): BBSRF

Metals & Mining Industrial Metals & Minerals

Bluestone Resources Inc. is a Canada-based precious metals exploration and development company focused on opportunities in Guatemala. The Company’s flagship asset is the Cerro Blanco gold project, a near surface mine development project. The Cerro Blanco gold project is located in southeast Guatemala approximately 160 kilometers (km) by road from the capital, Guatemala City. It is located in the Jutiapa Department, approximately nine kilometers west of the border with El Salvador. The Company also owns a 100% interest in Mita Geothermal through its wholly owned subsidiary, Geotermia Oriental de Guatemala, S.A. The project is a geothermal energy resource located adjacent to Cerro Blanco and is seven km from the Pan American Highway near the town of Asuncion Mita, in the region of Jutiapa in Guatemala. The project is licensed to produce approximately 50 megawatts of power. The project is located in southeast Guatemala approximately 160 km by road from the capital, Guatemala City.

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Bluestone Resources Inc

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Post by Teatimenowon Jan 28, 2020 6:53am

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Post# 30607345

best financing ever in mining industry? - sub 0.5% interest

Think about the longer term implications of this sub 0.5% interest rate deal. it could be huge BSR with Lundin as CEO could built a golden empire, not joking here. If thay can finance anywhere near that in the future they can buy&built multi-mine company rather quickly. Also this might habe implications for the likes of Sprott, because they still do many deals at 9%+- not too great for this busniess model + it could also habe implications for the stream & royalty companies. If they finance themself at higher interest rates AND with such low interest rates suddenly available it could hurt their model substancially. I am starting to think BSR should trade ABOVE NPV@5% on ppl. and access to capital!

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1305-tsx-venture/bsr/72454-bluestone-enters-into-a-us-30-million-credit-facility-with-natixis-announces-appointment-of-jack-lundin-as-ceo-and-to-the-board-of-directors.html

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