RE: Blinded by Bullsh*tDue to coming US inflation and greater consumer demand on fixed global resources from Asia, simply put;
Get em now when theyre cheap.
It makes sense to have a whole file of properties in this time because we know we're going into a copper shortfall, we know demand for gold and silver is going to rise, and ultimately, we know the burgeoning asian economies will increase the demand for metals globally. Waiting a year or so to acquire properties just means paying more for them potentially, if you can get them now and hold them at little to no cost why not.
The way I see it.....we know we have world class potential with the Boss property, DOK is about 20km from Schaft creek (Copper Foxs flagship deposit) and this new acquisition is in a known mineral bearing zone. The management from BXX certainly seems to know what theyre doing......global markets have people worried right now but that should soon pass...and when it does.....we simply have more potential value for ourselves. Based on the share price and shareholders equity in these deposits Im still thinking this one is going to be bigger than Copper Fix.
Long on BXX, Long on CUU, GLTA