Blackrock Silver Corp V.BRC

News and comment

[ValuePro]

https://finance.yahoo.com/news/blackrock-silver-announces-private-placement-123200783.html

The stock is getting whacked this morning.  The pain, I believe, will be short-lived as the financing will put the company in a stronger position given proceeds will fund an option and a lease - not to keep the lights on. 

IMO, market action this morning is a short-term setback likely to be overcome with the next progress//drilling update.  But I am biased, do your own DD.

[Yifto1]

Pollard has killed this company. Pumped it for the last 12 months with BS results.

[ValuePro]

Thanks for dropping by to leave a baseless opinion based merely on your observation of 12 months' performance.  I agree; if your focus is short-term, avoid this issue.   However, given bonanza gold+ grades at a new discovery and bonanza silver grades on a near-district scale project (along with lithium) at a different location, I'm happy to hold shares here long-term with

[Yifto1]

Go and watch his videos for the last 2 years. Classic pump. Sorry your getting smoked. He is diluting the company issue shares plus a warrant. He kept say was expecting 100 million for the MRE came in at 44 .  Obviously your happy with all that! Lol Good luck 

[dfwrgk]

I hate to say it but I'm starting to agree. It does not feel right. I've had a lot of shares for almost 4 years. He's definitely diluting the longterm shareholders who've believed in the story. The latest, selling 70% of the lithium while saying it could be worth billions comparing it to our neighbors. Sure.  we need a partner fir a joint venture or an outright sale which

[ValuePro]

You are starting to agree?  Please decide soon.   If you exist, the sooner you do, the cleaner this board will feel.   Thanks. Hey, how come your writing style comes across so much like someone else who posts here?

[Yifto1]

Lol! Nothing else to say!

[RockLobster1]

Great to see the negativity for anyone buying here... Promotion and financings are part of the game for juniors with no cash flow.  A year ago they sold 5 million dollars worth to Eric sprott at 88 cents no warrants... I don't see anyone complaining now about that. All the junior mining stocks have had a rough year..  We are now at depressed levels and I think a great time to be

[ValuePro]

Great observations and I think with yesterday's news of the second-largest bank failure in US history, the tide has changed for the PM sector. Check the following chart for the most bullish indicator I've ever seen.  Look in the lower right corner under "Basic Materials." https://finviz.com/map.ashx?t=sec_all If contagion comes to the financial services sector, everything

[ValuePro]

CORRECTION - Yes, I wrote Novo thinking I was on the Novo board, but the gist of what I said applies to most all advanced exploration projects, especially those working at the district or near-district scale, like Blackrock. 

[dfwrgk]

I have 40,000+shares in my retirement account.  I just don't post here much. But my frustrations are quite genuine. I've email with Andrew over the years. Regarding my recent criticism, he did not reply. I'm guessing I've been a share holder much longer than you. Andrew has been saying the same stuff for too long. And they just keep selling more shares and drilling more

[Yifto1]

I agree with you 100%. Others can be cheerleaders and criticize us as new lows are hit.

[ValuePro]

"Others can be cheerleaders and criticize us as new lows are hit." The same people doing both at the same time or different people holding different thoughts at the same time?

[RockLobster1]

For the record, i was not criticizing anyone for being frustrated or criticizing mgmt.  I have had loads of juniors with years of frustration and losses... And plenty of bad mgmt. For this one i never bought in until recently so just lucky... Hoping with good pgm markets can do well. Good luck

[ValuePro]

Happy?  Let's say that I do my own DD, and I am not swayed by whining from others who look more to be bashing for personal gain than making a final posting as a contemptuous blow while exiting.  Otherwise, posting complaints in a series changes nothing and earns you contempt from other readers.   So, move along, and good luck elsewhere.