TSXV:BXR.H - Post by User
Comment by
tjw4on Nov 10, 2017 11:19am
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Post# 26939778
RE:TJW4, 8 cents is a big reach for this group
RE:TJW4, 8 cents is a big reach for this groupI agree except for 2 factors.
1. BXR basically has 4 important people. 3 of those have other full time jobs and this is a part time lottery thing for them. The 4th is Jones, he doesnt want to go back to working for someone else and 2) it is much easier to keep this thing afloat and print shares to fund next drill season even if its at a giveaway price than it is to close the company, and start a new listing of a new public company because he will not be able to get private money for a non listed company without putting up personal assets as collateral and that isn't a smart thing to do.