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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 cinqueporton Mar 06, 2013 10:38am
106 Views
Post# 21086748

RE: RE: chester...new investors

RE: RE: chester...new investors

Depends on who is doing the buyout.

I would peg an optimum time as being after pemits, but before production.

Once production starts and HBK has cashflow, I can't see a buyout being quite as cheap somehow.

Also, the competition for HBK might be a little bit more intense at that point.

A number of houses appear to have significant positions in this, they'll surely want their moneys worth once its in prod.

Bullboard Posts