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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 aggmanon Apr 03, 2014 1:21pm
98 Views
Post# 22406722

RE:RE:RE:HBK driving PLS?

RE:RE:RE:HBK driving PLS?firebug: I think HBK has been thinly traded - so its hard for a possible acquirer to get a footing on a share registry by normal - day-to-day trading.  I'd argue that an acquirer would want to see the business, with permts, customer contracts, and production established (and product quality established) - and then a company to company discussion would take place - based on a fair market pricing of reserves.  Sure, shareholder would benefit from this scenario - but dont expect an acquirer to pick at undervalued shares.
Bullboard Posts