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Bullboard - Stock Discussion Forum Bessor Minerals Inc V.BST

Bessor Minerals Inc. is a Canada-based junior mining exploration company. The Company’s focus is on exploration and development of the Redhill volcanogenic massive sulphide deposit in British Columbia. It is involved in gold and base metal exploration. Its principal business is the identification, evaluation and acquisition of mineral properties, as well as exploration of mineral properties... see more

TSXV:BST - Post Discussion

Bessor Minerals Inc > Easter Gold project
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Post by StrikeGold on Jun 05, 2024 1:49pm

Easter Gold project

So now what? 

It's been two months since this annoucement with a dud response.  How will be company raise a million dollars in this horrific market for explorers?  

What about Redhill?   The company had a 100% interest with supposedly encouraging drill results and best of all an exploration budget for that project that was manageable in this market.   Are they going to toss it and then possible fail to met the work requirements for the Easter Creek option, which despite the large cash outlays only gets them a 60% interest.

How is this adding value for shareholders?
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