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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

GREY:BNCIF - Post Discussion

Banca I.F.I.S Spa > There is Money above ground go for it
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Post by docksitter on Apr 24, 2017 11:02pm

There is Money above ground go for it

Start the process it is proven, go for the oldest properties.
Duncan Kerr did a Crushing program back in the day and developed a $6 million dollar resource. Just scratched the surface.
Time to drive the valuation get to work prove out the value who else is the camp has $6 million proven.
Let the rest of them dream about drilling holes.
Comment by SparticusJones on Apr 25, 2017 9:07am
I was out and about yesterday (Monday) and swung by the CSk claims. Wasn't much going on other than crickets and geese (figure of speech still to cold for crickets for those who take things literal) so not a whole lot going on. Their stockpiles were partially tarped and gates opened but nothing other than that. CPO (Cobalt Power Group) has begun clearing out a drill pad on a well known Cobalt ...more  
Comment by docksitter on Apr 25, 2017 11:33am
Keep us posted Activity from one group will bring on other activity One thing for certain there is Cobalt available Will CSK get their act together they really have the best assets in the camp
Comment by Goldfather on Apr 25, 2017 11:59am
put in an order for .155..............  got filled in 5 mins..... geez     : (
Comment by newsimon1707 on Apr 25, 2017 12:10pm
Good for you!   Bought over 100k today and will buy more tomorrow or the day after if this goes lower! remember, this was trading at 0,28$-0,30$ before they even talked about the raffinery... this company has money that will be easily available with the stockpile! Cobalt is a hot commodity...  the chinesse are buying everything right now...  the only production comes from Africa.. ...more  
Comment by Blahblahblahbla on Apr 25, 2017 12:43pm
I have an order at 14 to make a significant average worth while.
Comment by Brains4gains on Apr 25, 2017 12:55pm
Time to add,. Csk will be back in the hi 20s before long. Takes balls to make money today. Do you have balls? Lol
Comment by Goldfather on Apr 25, 2017 2:32pm
thanks Simon.... good pep talk....  youre right, and well said.... maybe  the Co reads this board. And i am curious why NOT getting  the  refinery has caused so much downfall in the SP. When they bought  the DK, the refinery was NOT a slam dunk. Mgmt knew it wasnt  included in the deal, amnd  they would have to negotiate with a past problem Company, with many ...more  
Comment by dothemathpeople on Apr 26, 2017 9:33am
Announce Yukon LOI...grab headlines with national Globe and Mail article...two weeks later, after a run to $0.40/share, on big volume, and an apparent guided pr/ir campaign, possibly with help...they cancel LOI.  It's obvious they never had real intentions in the first place.   They have three piles of tailings, with no 43 101 nothing on them, and no real plan to actually move them, ...more  
Comment by Blahblahblahbla on Apr 26, 2017 10:20am
You make good and valid points. I have seen to many stories like this. Like I said on previous post,there are a lot of snakes in venture companies hustling their pitch. However I also see a lot of validity in this company. In many cases things don't always go accordingly to plant. Yesterday's good volume and this mornings up tick I see that there a lot of us still onboard.
Comment by BadVision on Apr 26, 2017 11:10am
Brags is a hustler, no non-sense kind of guy.  With the upwards shift and demand for cobalt and the potential play this company can make once they get the ducks in order, it will go.   Sell when you love, buy when you hate. The LOI was a small hick-up.  Definitely hurt the sp and lost confidence for holders but this is a strong buy ...over the next few months (if not sooner ...more  
Comment by newsimon1707 on Apr 26, 2017 11:17am
I think we've seen the bottom... no more sellers around for now...I am still waiting for tomorrow or Friday for my next buy... I want to see how it's gonna go... if there is more sellers taking a rest today or not? But high 0,20's I see pretty quickly... so this is a screaming buy right now!
Comment by newsimon1707 on Apr 26, 2017 11:14am
I think you haven't talk with management to write these things... I am pretty sure they won't wait and sit still with it... Maybe a call would make you feel better
Comment by dothemathpeople on Apr 26, 2017 9:23am
Disagree.   There are other assets in the camp, and mostly outside of it, with far less issues than this property, and much more potential...the Keeley Frontier Mine for one, now being develped by FCC and AGH together is probably THE best prospective property with THE most prolific past production of silver and cobalt of the lot (historically 56 ounces silver per tonne, 3.5 pounds cobalt...no ...more  
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