GREY:BFDRF - Post by User
Post by
mullatschakon May 24, 2018 7:18am
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Post# 28073736
At least a first step
At least a first step Not sure about the overall picture. Too much dust needs to settle down.
A first "farm out agreement". In my opinion, BTR investment commitment should have been double for 70% of the property, but a first step. We know our CEO, why is he on our payroll?
BFD is not able, to do the deep drilling on its own. Management (CEO) is OSK guy and screwed to them... finding only the few places to drill where no gold is in the ground.
So why wasting the funds... It is hard to capitalize on the BFD properties alone in actual environment. Especially, if you look at it from shareholder value perspective. So BFD needs to do what it does. But not with the Urban Windfall Property. It is not the right time now.
BTR will find the Gold, I'm sure:)
All what we want is getting a fair value for our company. The farm out could be a first step to it.