RE: I agree with MMikeI'm crossing my fingers that the vote on April 25 gets passed on the ABCP restructuring. I'm not sure how long Canaccord and others like Northern will be still liquidating past that date since I do believe they should have what ever is necessary to pay off the small guys but who knows.
Even though I hold a pile of BTC, it wouldn't bother me if they didn't hit anything at Bark or Armit for a while since I don't like both brokerages and I would like them to dump at rock bottom prices so that other investors can make the big bucks. Once the dust settles and those brokerages have sold BTC then there is no doubt in my mind that if BTC hits something good then the shares will rocket. Until they liquidate then I can see them selling into any rally.
Here some info that I dug up from my grapevine.
Some of Bark results have just been received and I guess next week the top guns will go over them.
I hear that they plan to set up a camp at Hope Brook for some major ground work and they plan to send a big drill rig from here to there so I do believe there could be some fire works on that property down the road.
Armit core is in the lab and I'm crossing my fingers on that property. They haven't drilled near the 25.4 GPT grab sample target because they wanted to drill some other targets that a creek was in the way and they wanted to cross it before it melted. I guess sooner or later we should get some news on the core.
MAR is drilling the JV property.
The airborne is completed on King Lake and they are waiting for Tech to send them the data.
This year they are doing way more drilling and they have some very sweet properties. Without this ABCP disaster, I do believe we would be trading way above a buck right about now.
MM