RE:Barvue Mine Game Changer For AbcourtSomebody wrote it's a family owned company or at least an insiders owned company.
Yes I agree and notice company owners doesn't manage their property as usual share holders.
For them a company is a working tool to earn money on a regular base as much as a patrimonial asset for long term family or fiducial patrimonium.
Imagine you have a very good tool for your daily work.
would you sell it only because you can sell it at a better price you bought it although you know you won't find another such good one elsewhere ?
No , never !
In the contrary you would look for any occasion to buy additive tools to improve again such usefulness.
Please watch their constant action.
The Old man is 90 !
Still working 7 days a week for the mine, putting it to profit maker, without debts, without losing control, buying some shares each time he can to improve his portfolio.
it's a pattern everybody should consider.
Do you seriously think such a man really focuse on his own profit.
No , I am intimately sure NO !
In fact He is going straith
in fact, he continues the work of his life, tweaking day by day his masterpiece, making it grow and beautify, strengthening it despite the difficulties of the mining sector in Quebec.
He knows that at his age he will certainly not see the start of the zinc and silver mine but he does everything so that his mine will one day be able to do it.
He patiently feeds the caterpillar to become a beautiful butterfly one day.
Do you think such a man is concerned about the next day's action, next week or next month?
No!
He knows that the balance sheet will eventually speak to everyone.
He therefore focuses on his balance sheet so that his cash flow allows him to finance the necessary developments to hatch the butterfly.
Believe me: Follow the butterfly breeder