Bullboard - Stock Discussion Forum Blackwolf Copper and Gold Ltd V.BWCG

Alternate Symbol(s): BWCGF

Metals & Mining Industrial Metals & Minerals

Blackwolf Copper and Gold Ltd. is a mineral exploration and development company focused on base and precious metal projects located in Alaska and British Columbia. It holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska, as well as six Hyder Area gold-silver and base metal properties in southeast Alaska and... see more

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Blackwolf Copper and Gold Ltd > My big q

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Post by nofluff on Sep 29, 2021 11:03am

My big q

How much cash is in bank??? Spring drill program, a couple million.
Helicopter and 3 person crew for 2 months. 1 million.

Upgraded nib facilities and new rented camp. 1 million.

So we might have a million in the bank. Do we go to the well again?

Not to utilize a 60 man camp. So we sell part of the well.

10% of nib for 20 million cad. Lets say 50 man utilization.

4 drills turning, 24/7. Drift extention crew. Road crew.

That should take a month to blow that cash. New resource calc.

We sell 41 percent more for 160 million and turn operations over to the miner.

We take the cash and prove up the other spokes.

I do this stuff for free:))
nf

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