OTCQX:BALMF - Post by User
Post by
astrorbiton Jan 22, 2019 2:28am
134 Views
Post# 29262987
Size&scope for years.More potential discoveries.
Size&scope for years.More potential discoveries.Years have passed.Soon a decade. The plan remains size&scope.
It sounds like a broken record at this point. There is more potential now but now the share price and capital are at lows.
$3.8M can sustain and move the project forward.
In the end this steadfast approach may actually benefit shareholders in the long term. The EV is still in the infancy stage. Provided the nickel price cooperates.BAR could have the right assets at the right time.
The question is how long is the wait.It is fair to say the price tag that management wants is in the $300-400M range.
Glencore was interested @9nickel but the RE must of put a damper on their investment plan.
Looking forward to drilling plan for winter 2019.
10000M=$1m+contigencies.
Probably be another RE next year.
Then perhaps a PEA.