Bluestone Resources Inc V.BSR

Jack should make a statement

[Pete1986]

on the recent share price decline. Its dropping like a knife, no isider buys and no comment at all.

[OleBole]

It's all retail panic selling

[Tree2tree]

Didn't you read the June 6 press release? - Timelines delayed by environmental permitting - Increase in anti-mining activity in the area I am holding because I think these issues will be overcome.  But in today's market, any excuse can trigger selling, or no excuse at all.   Good companies are treated the same as trash companies.  It's a great time for bargain shopping

[Pete1986]

Sure, but the news was released more than 2 weeks ago. So after dropping significantly before today, we just saw another haircut. Strange. But of course, in terms of valuation, this is the cheapest world class deposit around the world.  NPV (1600 USD/oz) / Mcap is only 8%. And taking 1800 USD per oz, the NPV / MCap = 6%. Incredibel, have never seen that before.  And we are talking

[garrett3938]

Agree this BSR has potential, I think it was the comment regarding activist opposition to the project a while back, there have been a number of project shelved due to this activity in the past. We need the PEA (or whatever it's called) to get the share price moving again. Gold and silver are down as well so that isn't helping the sector either.