RE: Drill rigThanks Newfie.
With the ABCP disaster still playing out. I'm not sure how the share price will react if Tech actually does start drilling. In normal market conditions the share price would appreciate but in these times the juniors are not in favor right about now and any other stock that isn't a producer.
Just take a look at the latest news regarding Stillwater. That was great news. The shares do squat.
They got to get back to Armit to chase that gold since gold has waken up and could be on the move to break through $1000 this time. Saying that with the current market conditions, once again they would have to hit a home run to get the share value to appreciate. I'm not even sure in these conditions if that would even make the shares move.
This market is down right ugly and so is oilpro. Maybe when the market turns around we might get lucky and that bum Oilpro might disappear from here. My call is that this bum will move on by the end of August if not sooner. Since I posted this he'll probably hang around longer just to piss off the board. If anybody listen to him then they are not on this planet. The whole market except producers are going down in value. There isn't much more that BTC management can do if the market sucks over all. Check out RY.to. That's a finacial rock and they are tanking to 52 week lows. Check out Gold corp new 52 week highs. Enough said. BTC is a very good junior and once the dust settles if it ever does then the value will come back to the shares.
MM