Blue River Resources Ltd V.BXR.H

Alternate Symbol(s): BRVRF

Blue River Resources Ltd. is a Canada-based mineral exploration and development company. The Company is in the business of acquisition, exploration, and development of mineral properties. The Company is focusing on its Castle Copper project near Princeton, British Columbia (BC) and SWB Mining Claims in Ontario and is assessing additional opportunities in the mineral exploration sector and possible further opportunities with their investment in Global Satellite Integration Ltd (GSIL). The Castle Project is located in the Similkameen area of BC. The SWB Mining Claims include properties, such as Scruffy Lake Property, Wildrice Lake Property, and Bedivere Lake Property. The Company has no producing properties. The Company's wholly owned subsidiary is Blue River Resources Inc.

TSXV:BXR.H - Post by User

Blue River Resources Ltd

Bullboard Posts

Comment by tjw4on Apr 28, 2017 12:45am

83 Views

Post# 26177715

RE:RE:RE:PP or not

Well, about 65% of the stock is owned by about 8-10 people so it can't sink too far.

Even in a worst case scenario where- lets say something catastrophic happened and they lost both properties, the majority owners arent just going to ditch their shares and force the price down to a penny. They would sell slowly over a long period to preserve their capital and sell as much as they can at as high as they can.

If you start to see insider selling then its time to worry, but there hasn't been a single insider sale in over 6 months, so they are holding tight.

But it is tough to argue with the fact that Jones sucks a big one when it comes to press releases.

Bullboard Posts

Gold vs. bitcoin, where should you invest?