TSXV:BXR.H - Post by User
Post by
beenaround2012on Aug 09, 2012 10:09pm
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Post# 20201342
$ And Drilling
$ And Drilling BXR Paid about 260K to drill 1350 meters plus over 100K for a GEO. That is 360K for 1350 meters when they said they were going to drill 3000 meters. That equals $266 per meter. Not bad but I would hope they can do better on the next go.
If they are going to drill they will need at least 400K at .15 that would be 2,666,666 shares. Now they would still not have any money for anything other than drilling,no rent,no commission fee's, No phones and no pay checks!
They have no money in the bank and will need to pay phones, pay checks and many many other things.
Good luck to all