RE:Hey Traps
...good morning Twin...
..all junior exploration co,. ...business model run on liabilities such is the nature of junior exploration ,just scroll through any-one of the Venture ex.junior's financials..BAY is low comparing..
...likly..thinking Thomas has kept cost down during this co-vid lockdown..Not like others draining there treasury continually having to run to Bay St,....while Bay St,.already has thier business model ready to go.../.YOU KNOW..borrow the warrant, sell the share, and just flip under Ano between your account at 1/2 cent just look at again any junior and yes there"s a pattern..
My biggest concern, here in Canada,,, is our Government"s just passing this FlowThrough share which has always been here but now ligthning the rules,.This is great for junior company or mining producing but not for small retail investors.
..The FL share goes to high end tax earneers, Institutions looking for tax deductions which kills the penny-market share price but favours the seller.
The seller , say buys one BAY share FL at 6 cents and gets 1 warrant at 6 cents.
.OK sell the 6 cent share all the way down to $ .035 your cost after tax deduction then borrow warrant and flip back and forth ..
This does nothing for the small retail investor but gives the exploration co. some cash but mainly supports Bay St but only my ...opinion....Phone and complain..
..Thomas...not paying for advertising, news releases,staff,.things that cost share holders, but rather doing geology work around the old gold mines in VA. soils sampling pending..building share holder value through knowledge of the trade...
..Question...if Flowthrough shares are to support the Canadiam mining Industry, should not then the FL funds have too be spent in Canada,. I see many that raise funds but all there work is out of Canada...What's up with that AAAAA!!...