RE:RE:RE:Sad...Tannin, no reason to think Osisko and Goldfields have no interest in buying BTR?
Osisko has had plenty of opportunities to buy BTR over the years and havent.
Map said they are looking for a partner. Yea, they have been looking for a partner when Gibson was CEO. Plus Pascal turned down what appears to be a great offer.
So answer me this. If this company has shut down all operations including drilling to save cash. How is it undervalued?
Don't give me this 3.1 million ounces in the ground garbage either. At this point they will lose more money mining then shutting everything down, laying everyone off and trying to conserve capital. Is that really a company you want to be invested in? Not me.This company is not undervalued. They have spent hundreds of millions of investors dollars to prove up non economical ore. Where is the value in that? Plus the POG is falling. Don't bring up the mill either. It can't mine any more ore then when they were mining 4 years ago. Ever since they shut it down management has tried for 3+ years to get permits for an expansion and the governing agencies still have concerns.
Finally, could one of you ultrabulls please explain to me why the Board of Directors got a pay raise last year when they were shutting down deposits and while the share price was in free fall? It certainly wasn't because the company was undervalued. It looks like they are taking as much as they can before the doors close to me. But I'll give you a chance to come up with some other plausible reason for the pay raise.
I'll say it one final time. "IT'S OVER". It's just a matter of time unless someone with deep pockets comes to the rescue.