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Blue River Resources Ltd V.BXR.H

Alternate Symbol(s):  BRVRF

Blue River Resources Ltd. is a Canada-based mineral exploration and development company. The Company is in the business of acquisition, exploration, and development of mineral properties. The Company is focusing on its Castle Copper project near Princeton, British Columbia (BC) and SWB Mining Claims in Ontario and is assessing additional opportunities in the mineral exploration sector and possible further opportunities with their investment in Global Satellite Integration Ltd (GSIL). The Castle Project is located in the Similkameen area of BC. The SWB Mining Claims include properties, such as Scruffy Lake Property, Wildrice Lake Property, and Bedivere Lake Property. The Company has no producing properties. The Company's wholly owned subsidiary is Blue River Resources Inc.


TSXV:BXR.H - Post by User

Blue River Resources Ltd
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Post by 2new4investon Sep 06, 2012 3:09pm
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Post# 20326876

going up?

going up?

Seriously,  I thought the drills are supposed to be drilling down!  Just kidding.

Can't imagine you'll hit the .20's with 5,000 or shares trading.   They still have to get some financing done in the background.  I imagine they will try for 12 cents or so and sell up to 5 million or so shares.  About $600,000 should finance about 4-5 holes for the first drill program and 3-4 follow-up holes during the winter depending on the drill equipment.

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Dealroom for high-potential pre-IPO opportunities