Blackwolf Copper & Gold Ltd Com HTRRF

Sorry Fellas, I'm in McEwan's camp

[Alanmakingcents]

When it comes to streaming I'm reluctant to give away the upside. If we are in the beginning of a massive commodity run do we really want to be forward selling? If that's our only option than so be it but my first choice would be a strategic joint venture with Hecla or similar.

Alan

[nofluff]

Alan. A streaming is a jv. Lets run a model.  Osisko gives us 25 m for 250m silver todays price. Hecla gives us 100 m for 50% of our 2 billion current resoursce plus all increase. My math says the helca jv steals close to a billion more on current rescource and probably 10 b more down line. Please correct my math. I only made 700 thousand after tax last year. So I could be wrong:))) nf

[Pezo_Plaka]

NF, I like a good streaming deal like the next guy.  Perhaps a win win for us. However you also made a wacky point about accepting 1 share of TKO for every 35 shares of HTR.  No premium there for a volatile TKO.  A 13-1 ratio would have been more realistic. Let's first just get past our shitty stock price and comatosed management and then we may get these scenarios past day

[nofluff]

Not sure about the wacky pez. At 3.50 that gives everyone 10 cent htr. Tko has the cash to advance the nib. That would give tko some sp traction. Then htr sh would have the huge upside on tko as well. For me, it matters not the price as I own both large so a swap is a wash at any price. If you own no tko, then you want tge highest price you can get. If you only own tko, then you want to pay the

[trivela]

TKO trading at $2.60, so your post is completely illogical. How many times you wrote here that HTR is worth $1, or $2, or more, and now you suggest that a great deal is selling at $0.072?

[nofluff]

Not suggesting that at all trev. If you read my tko posts, you will see I hold tko at 400 times current price. Htr  times 400 is 2.80. So that is my calcs. I own both large. so price conversion matters not to me. I was just doing apples to apples. No biggy. nf

[Pezo_Plaka]

NF, You are confused.  400x htr price is 28.00 not 2.80. Trivela is right about your post and it's math. Perhaps you made only $70,000 (after tax) last year and not $700,000. Good Luck Man.

[nofluff]

You are correct about the decimal missplace pez. The point is that if tko moves up 400 times and you own them on share swap you fain 400 times ir 28.00 equiv. for you htr 6 cent shares. Thanks for helping out. nf