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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 > Spring Testing done
View:
Post by Goldfather on Jun 11, 2017 4:35pm

Spring Testing done

Anyone hear about the Spring material testing ?  Must
be done by now.   We're always the last to know with
these guys. And they wonder why the SP is crashing. 
Last PR was may 9.  I realize it's a tiny Co. And things
move slow in the Jr miners.  But....  we'll be lucky 
to get to October with a .14 SP. No news for 
a long time , investors get  sour and bail. Especially
With everybody jumping into Cobalt. And much more substantial
plsyers than tiny CSK.
Comment by NervousWrench on Jun 12, 2017 9:46am
In the (hour long)  May 18th Equity Guru interview, Bruce talks about a heliocopter magnetic survey to come. https://equity.guru/2017/05/23/13255/ I imagine they are still shopping around and researching that one. I suspect train tracks lead to refineries just about anywhere. Testing and working around the piles of rock I think was planned for later in the summer inbetween black fly invasions ...more  
Comment by Goldfather on Jun 12, 2017 9:47am
Been a month since we've heard anything from this Co.  ...losing confidence here. With more Company silence were going back to .11.----- these guys should be shot for relying so much on getting the Refinery. hey... these guys don't have any money. How the F did they expect to get it with so many competitors ?? A joke.   Wrote Bruce now. I'll follow up. 
Comment by newsimon1707 on Jun 12, 2017 10:01am
they have around 1,5 million in the bank... so wouldn't worry to much about the money... plus the small stockpile is probably worth somewhere 3-5 million $ in profit... I assume they are waiting for the metallurgic test to see if this can be process right beside the claims! let us know what he has to say... there is one group of sellers, but the buyers keep showing up... for a reason I don ...more  
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