Re:BUY UP THE FLOAT NCIB !! WE GOT 9M CASHS. thank you for agreeing with me about the waste of money on drilling; although I have to say the results today are beyond excellent --any prospective buyers have to be taking a serious look.
You seem to be good at math; think about how much money it would take to drain Bachelor, go through all the regulatory red tape not to mention local politics etc. etc. Not feasible is an understatement. We are discussing a resource, a superior resource and the for sale sign---if resource proven and inferred constitutes the sign---is complete.
Why not do the obvious---write the flooded mine off. As long as people believe that BTR is going to throw money down that worthless pit ad infinitum, PP after PP and fear of a reverse, why would they want in. The SP will likely go up if POG takes off, but how much, now that Bachelor is toast. Bachelor is the boil that needs to be cut, that's my take, always has been and we'll keep an eye on this, IMO