TSXV:BXR.H - Post by User
Comment by
errussellon Oct 26, 2012 2:42pm
166 Views
Post# 20528375
RE: RE: PP not closed yet
RE: RE: PP not closed yet Interesting times a head...just to let you guys know the weather has taken a down turn here on the west coast. I suspect they will be dealing with snow and ice pretty soon.....they better get the drilling done soon.
As far as copper mountain....i own it and BXR....copper mountain admitted a few months ago it is having a hard time keeping the copper levels up but hopefully they have solved the issue. Pit 3 seems to be where their best copper is located. I have a hard time seeing it getting taken out with a expected mine life of 11years.
With the heavy debt and the infrastructure they have put in i am sure they will be looking to add to the mine and increase the life expectancy.
If someone was interested in a takeover it should have been 3 months ago when it was in the 2 dollar range. Dont forget the overseas partner,they are not going to be a push over. I see expansion and that plays well for BXR.
GLTA