Post by
psych01 on Sep 25, 2023 4:10pm
Bachelor Mill not mentioned
The only permitted and operational mill in the area not so much as mentioned in this multi million dollar joint venture proposal. But this is worth keeping an eye on in the next few days, see if trading volumes allow for a quick in and out here and there. Otherwise I have to disagree with those who pronounce BTR deceased---it's not about BTR it's about Osisko and the vast amount of territory in the claims. IMO
Comment by
tomgranite on Sep 26, 2023 3:37am
Tannin, why are you saying BTR need to find $10mil? They don't need to do anything. OSK will fund $30mil of expenditure and then they will own 70% share of whatever is on BTR's property.
Comment by
tannin on Sep 26, 2023 11:05pm
Tomgranite, mea culpa, read the nr incorrectly......you're right...OSK will spend 30 million over 3 years, nothing required from BTR....after that, they share expenses 70/30. And BTR gets 5 million cash upfront Sorry to misread, and mislead.
Comment by
fruitvale3067 on Sep 27, 2023 7:57am
Tannin, Remember this new "near surface find, needs to be bettter than Moroy or it too will be worthless. Also the history of the area around the Bachelor Lake mine is good grades but narrow veins. It's easy to say this one will be no different. It's the MO of this area.
Comment by
rdy2rumble on Sep 28, 2023 5:23pm
Ok Fruit. I indicated my opinion, position on the timing.When does OSK pour gold from their own mill then... Keeping in mind permitting to completion will take at best 18 months,, and that's best case.. I said NO gold from their own mill be poured until at least 2027.. What's your time frame. Thanks in advance...
Comment by
fruitvale3067 on Sep 28, 2023 7:07pm
Lets see what happens when the power line is finished.
Comment by
rdy2rumble on Sep 30, 2023 11:45am
You may as well have said let's wait until they pour gold... I'll stick with my 2027 date then
Comment by
tannin on Oct 14, 2023 12:46am
Goodbye btr. Could be double in 3 yrs.....from buy out....so can others, or more, or quicker. Wasn't fun, but my decisions so can't complain. A fun board here....thanks all....and good luck with this one......i've been wrong so often, you can take heart.
Comment by
givemeabreak1 on Oct 15, 2023 12:52am
I have to agree with Pokinfun oops I mean rdy2rumble! He is usually in the know!