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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 Jul 08, 2014 12:11pm
129 Views
Post# 22725341

RE:RE:Thoughts in financing etc.

RE:RE:Thoughts in financing etc.More likely than not, full permits and existing production would be needed for one of the big guys to justify the JV or buyout to their board. I'd love if they made something happen sooner than later!

What are the odds a backroom deal with Ascot is being negotiated so H or L know they can maximize on the investment longterm. HBK is penuts for them as it stands. The second property in the back helps but it will take a year or two for the permitting. What is the likelyhood a deal with Ascott is done prior to a deal with L or H to maximize value?
Bullboard Posts