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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 jetstreamon Jul 27, 2015 10:50am
102 Views
Post# 23962716

RE:RE:AGMnotes

RE:RE:AGMnotes
Sorry for the confusion. NCC used to be called WestFraser and I used the 2 together. So here is what I said about the Polaris shipment, just make West Fraser, NCC

They also mentioned Polaris stating that they are focused on the USA. Also that their business plan is based on shipping  at least 60,000 tons in ships that the port of Prince Rupert is not able to handle at this time. Also because of all the open ocean between Polaris and Prince Rupert barging would almost be impossible.
The West Fraser – Polaris barge was  arranged by a Wesr Fraser associate who was barging  logs over to the Island, so West Fraser was offered a very low cost for a back haul. HBK’s understanding is that this was arranged before SPN commissioned the wash plant. HBK is in discussions  with West Fraser about future orders if required.
They also said that they believe NCC and Burnco will form an association.
Bullboard Posts