TSXV:BXR.H - Post by User
Post by
armchairanalyston Mar 24, 2017 11:24am
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Post# 26025970
Banlung=Gold..but wait there is more...likely Oil as well
Banlung=Gold..but wait there is more...likely Oil as wellI have a few of my more Successful Oil and Gas guys interested in Drilling rights. This means ANKor and BXR get money and a carried interest.
More about that later when I have more Data to share, regardless a nice Bonus to what is already going on.
So as I understand, News is due shortly. Mean time, Ankor is busy trenching to Bed Rock as they have already identified the Gold in "overburden" covering the Bed Rock.
Rumour is they have found a Fault with Visible Gold. Further, the Fault is a kilometer and more long.
Now Vancouver ( Mining Capital of the World ) does not know this to be just yet. Soon enough there will be Majors via my Money Manager Contacts, not to mention by Broker Analyst Contacts all trying to value BXR.
I am here as usual as I believe it will be a Take Over Target soon enough. I have spoken with the BXR guys, and I know they are not seasoned Miners like Mike Skopus who is re visiting the Mazama ( the other Company Maker ).
BXR Mngt was simple, Re prove up the Mazama, and sell it to a Major to inventory and eventually develop. Then, Mining Rules changed.
They have other contacts ( Ankor ) moving to near term Cash Flow, and carved themselves in. Yes this caused Dilution, to buyin and survive while moving to CF.
The Icing on the Cake, the Mining Laws now make the Mazama a "grand fathered project" hence the Plan to use the Pre paid Dilling from several years ago shortly.
All the While the Banlung project is moving to CF via processing the Gold from Trenching the over burden.
Drilling bed rock and a 43-101 reporting Reserve, at Banlung will be soon enough.
Mike