RE: RE: And in a couple of years after the Chinese alaska 1 these are not assumptions. BQI is trading on the grey market (fact) as OBQI, they are NOT going to trade again on the TSX venture (fact) - the board members are all gone to save their bacon and turned it over to a court monitor (fact).
BQI is basically bankrupt the monitor can sell the assests / leases which will leave the common stock holder basically zero, or the monitor can turn the assests/ lease over to another shell company which could recapitalize the project - in short take it over and the common stock holder may- if they are lucky- get 1 new share for 10,000 old BQI, or some other such arrangement.
Alaska 1 you can try and sell your present BQI shares at what ever you can get on the grey market. Likely someone is buying up as much old BQI as they can get for a penny then when the new owners take over they can get some new stock which they hope will trade a few cents higher then what they paid - they dump and get a 100-300% return if they are lucky.
Risky bet but this is what I have seen with other companies that have gone through this process before.
Cheers I'll have to look up the court date deadline for the monitor but I think it was in the fall.