RE:RE:RE:Hats off to management.. A GOLD SPINCO!!!!!$$$$Sly Sly Sly.....at times so smart, and yet so naive.
1. Truth is, that they have been trying to sell, or JV, or Royalty off, the Bullard Pass for years, just go and read back.
2. The stock had drifted down to pennies ( . 0.05 cents) before it switched its focus to ZEOLITE. Even earlier this year, 52 WEEK LOW is 8 CENTS. So, even with the Gold Property & the Zeolite Properties, it was at 8 CENTS.
3. I bought in when the CEO said that they would focus "only" on the ZEOLITE, around the low 30's, as you can see, if you read back.
4. They have not yet even begun to market, and offer up the shares in the new company. And yet your sources "wink wink" have it more than sold out. OK, sure....sure....
5. Company is being set-up so the insiders, (board and current management), can get set-up with new board and management jobs, without really doing anything with Bullard. This is what 95% of mining companies on the Venture do, it has been going on for years. Brokers cash in, so they will never say anything. Almost all these companies, have insiders collect salaries for years, some have been listed for decades, with no real work being done on these properties.
6. You need many years, and a million dollars, to explore and test a property properly, before you make a decision on a property. You then need a few more million, to build the actual mine in an economical manner, and very few ever get built. The Bullard Property was discovered in 1895!, and many people have owned it over the years, none felt the need to spend any real money on it.
7. The CEO was not a success for many, many years, until he focused on a viable ZEOLITE property, and forgot about the money pit gold play.
8. And the brokers of course will try and sell the offering, they always make a few cents on the spread, they don't care about the retail little guys that eventually take up the shares, once they hit the market. They are onto the next deal by then.
9. As a shareholder, I am not wrong in wanting them to focus only on the ZEOLITE. This time they are wasting on Bullard, takes them away from that. Peace out brother!