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Highbank Resources Ltd V.HBK

Alternate Symbol(s):  HBKRF

Highbank Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties in Canada. The company's project includes the Swamp Point North project.


TSXV:HBK - Post by User

Bullboard Posts
Comment by crosenfieldon Jan 07, 2013 1:32pm
118 Views
Post# 20806258

RE: RE: RE: RE: RE: yup..065 is the sweet spot

RE: RE: RE: RE: RE: yup..065 is the sweet spot

IMO debt financing makes the most sense. The board should be lining it up right now so when permits come it's a quick transaction. Smart money would lock up a deal now knowing it's a sure thing when the permits arrive. We won't need a PP... we can get a loan if we wanted. Frankly, they could do a PP at $0.20 based on having permits and I would still want in. They don't need to issue any more shares to make Swamp Point happen. All they need is the signed permit. 66,000,000 shares divided by a 1.5 billion dollar assets. yeyeyeye

Bullboard Posts