This has been a decent board Dont ruin it!
A lot of us have been here for a good ( not so good ) long time and everyone has brought something to the table. This open speach allows us to try and decern truth from fiction.
The real truth here, now is were all trapped in this and awaiting a move from OSK. But there maybe relief in that Eric S is totally involved in Kirkland, MTR and BTO and knows BTO is trapped by BFD and he needs it, badly. The good news with this, I hear he wants to consolidate the play, including OSK, and has the finacial strength and credibility to actually do it. Fare more respected than the OSK guys. Why do I say that?
Eric has a firm belief in making everyone money, smallest to largest shareholder, not OSK, yes, they know how to turn money into a lot, but care more about them then us! Its why in BFD case they control the board, the Chairman is an EVP with OSK, the new CEO is a OSK plant with no success
behind or under his belt, which is how they want it.
Their 20% stake is average cost of .15 but now they control the deal, and the board for us that equals "trapped"
Its why I keep focusing in on BREAK UP VALUE! BFD is worth far more at break up value than the .11 its currently trading at. No excuses, really, the week on the road has pretty much proven that up.
If they were so fabulous, Roman and Co would be buying down here amouungst others.
Jasons focus is some where else, and I doubt any one is feeding him any info so hes got nothing to sell or promote, but OSK is not stopping building their miine. And they still need BFD as much as everyone else close and near by.
BFD should record a presentation and post it on their web site, like OSK so we can all judge performance vs hear it from third party. While a lot here on the board did not like Jens, it was more fun playing in his sand box than this one. He kept shareholder in the loop and I always made money with Jens. There are many junior mining companies that recently have come to life with millions of shares trading, IR worked behind all our backs and now has institutions into this to the tune of probably 65-70% ownership, all monied guys and dont care, patient money. Not like us, hey....
But what no one likes is getting back hand or the hand under the chin....
Where are the next 19 holes?
J103 ( life goes on ) break up value is .39 +/- .02-.04