GREY:BYVVF - Post by User
Post by
gnawitallon Mar 24, 2014 8:36pm
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Post# 22361944
Alex P Keaton great letter
Alex P Keaton great letterGreat Letter AlexP Keaton - Realistic ! You haven't mentioned that the principals are dumping stock at these current prices - how else do you think the box can hold this up - I cannot find any reason for New Gold to buy the property !!! ????? Just because it is near them isn't enough ! Rainy River in fact had the option at one time to own the property and didn't exercise it's option - In fact few people that own this dog know that Rainy River put the first drill holes down on this BYV property - So they did have some idea of the potential or the lack of the property - You speak of Modus Operandi - again you are absolutely right - this was a promotional put on from the word go - New Gold can wait them out that is for sure - and the Rainy River property isn't coming into production for a good long time - who in God's name wants to hold BYV when in fact it aint going anywhere - except down in the end play - just a matter of time - Better to dump this one - Don't wait until the principals have dumped all their holdings - get on it now and save yourselves some bucks ! If there was a financing do you really think it should be done at approximately the same cuurent trading prices ! My evaluation is zero at this point