“You never know what you’re gonna get” MKR Shares issued 141,409,537
Jim Deluce, Chief Executive Officer and Director ( brother )
Mr. Deluce obtained his Industrial Engineer from the University of Toronto. He has 40 years extensive experience in
leadership rolls, including both business ownership and business management.
BFD Director Bernie Deluce, Director (brother)
Mr. Deluce has been involved in the aviation industry( Porter Air Lines) for the last 30 years and has mining interests mostly in Northern Ontario and Northern Quebec
area for 20 years. Previously he was represented his family interests in Holmer Gold Mines in 2004 as a board member until such company was taken over by Lake Shore Gold Corp. in December of 2004. ( I find that interesting comment " brothers interests")
So perhaps one of the other writers here on the board called this right, Bernie doing an end around for his brother cause they were not happy with the deal, they got into years back with Jens
and BFD. Bernie now needs to man up, and step down, I doubt very much that he will have a bright future within the very close knit mining arena, as they individuals involved in this industry sector have good and very long memories. He had nothing to do with bringing OSK to the table and if that was their end game, everyone would be affected by a merge. This would have to result in a roll back of stock in both companies at some point in time, thereby no one wins. Just an opinion, a few people I talked to today that were in the “Q” also believe this to be true. So this gross miscalculation will effect MKR for many years to come.
Lots of stock out on BFD, I think people on this board should worry less about this, at some point certain institutions will be buying as the current price point restricts some from participating at this moment. The Asians that hold 21M shares won’t be selling now, they have a nose for making money, OSK/OR it does not get any better. Today I tracked down a good friend and geo at the PDAC, he has been buying BFD for weeks and he is of the belief that BFD land is not only strategic but hugely beneficial for OSK. The BFD team, now has expertise at their table as a result of this deal, so no matter what price OSK gets in we are all bound to make money, how much remains to be seen, nothing goes to the moon. Saying that, a $250M market cap could put this stock in the .75 - $125 range in time, drill results will drive this market now. Time? As long as Trump is President of the USA, he’s the best thing that happened to gold. I hope BFD spends $6M on this property after all, thats why they raised $6M with OSK participating significantly, remember as the stock price goes, so grows their investment as well, if they buy us out, and there is $2M in the till they recoup 90% of their money.
......So Mama, life is like a box of Chocolates…. !
J103