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Bridgeport Ventures Inc T.BPV



TSX:BPV - Post by User

Comment by unlimited_awon Sep 28, 2012 10:48am
162 Views
Post# 20424505

RE: RE: RE: RE: Ticker GSR.........T.GPD

RE: RE: RE: RE: Ticker GSR.........T.GPD

We have the same thoughts, its kind of scary LOL.

I suggested them last week to spin off the royalties. You need to sell your goods when the prices are hot. I would have opted for a spin off of the royalty division. Sell 50% in the market and use the proceeds for the financing of Brewery Creek and share the remaining 50% of the spin off vehicle with your sherholders. As I wrote, they like to spin it off, but not just yet. Your remarkt for the financing not to be cheap is true of course, but you can also look at it differently. A gold stream or a gold backed financing, would have cost them much more.

 

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