RE:RE:Second thoughtsNATIONAL POLICY 51-201 DISCLOSURE STANDARDS https:// www.osc.gov.on.ca/en/SecuritiesLaw_pol_20020712_51-201.jsp
2.1
(1) Companies ar
e required by law to immediately disclose a "material change" in their business.
Anyone know how bad results could be held?
Good results could be held.
2.2 Confidentiality
(1) Securities legislation permits a company to delay disclosure of a material change and to keep it confidential temporarily where immediate release of the information would be unduly detrimental to the company's interests.
About Feb 17th drilling finished and they were "in a position to evaluate the results shortly"
Feb 19 a news release reported on sections of the first 2 holes and their interpretation of the results as a VMS system.
Feb 27 - 2.7 m shares went out. To support a failing project? Maybe those 2.7 m shares will be worth more soon. I wonder who threw that money away?
March 16 - 3 holes from Grasset were sent in for assay and the program expanded. Grasping at straws for a doomed company?
Still no news from BFW. Hmmmm labs aren't terribly busy in this market.
April 9 - Grasset all samples shipped to Lab.
May 1 - A debt conversion. I wonder who got paid by shares that may be worthless soon. 6 fools, I wonder who they are?
May 11 - Announced another property. Those guys must be really grasping at straws, maybe Win Win will save the company.
So no results from any drilling since Feb 19 when results for the first 2 holes where announced they had recieved those results quite soon, in the ballpark of 2 weeks.
Three properties, not much money, .03 share price.
Guess we had better hope for a miracle, those people who got the last PP and the debt conversion too.
