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Blackwolf Copper and Gold Ltd V.BWCG

Blackwolf Copper and Gold Ltd. is a mineral exploration and development company focused on base and precious metal projects located in Alaska and British Columbia. It holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska, as well as six Hyder Area gold-silver and base metal properties in southeast Alaska and northwest British Columbia in the Golden Triangle, including the Cantoo and Harry properties. The Niblack copper-gold-zinc-silver project is located on Prince of Wales Island in southeast Alaska. The project covers approximately 6,200-acres, including 250 acres of patented land. The Hyder Properties are composed of five claim blocks (Cantoo, Mineral Hill, Texas Creek, Casey, Harry, and Rooster) located within the Golden Triangle and adjacent to the Alaska/British Columbia boarder. The Cantoo Property is a 513-hectare (ha) area comprised of about 63 claims. The Mineral Hill Property is a 502-ha area.


TSXV:BWCG - Post by User

Comment by nofluffon May 02, 2024 12:48pm
87 Views
Post# 36019814

RE:Tml

RE:TmlI am neutral on the deal. 

Positives.
Reduced management..

Negatives.

10 million ft shares at 0.23 cad plus much other dilutive payouts.

3 million cad. Per year minimum to streamers at Goliath starting next year..

500 million to be spent on Goliath before any gold poured.
200 million at nib and kitsault bwcg share.

Still looking to add more districts.

It is my guess that they wish to keep adding at these low prices until they have a package big enough to interest a bhp type. That might b a positive:))

I am guessing we r stuck between 0.10 and 0.15 cad. For 3 months.

Nf

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