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Bullboard - Stock Discussion Forum Blackwolf Copper and Gold Ltd V.BWCG

Blackwolf Copper and Gold Ltd. is a mineral exploration and development company focused on base and precious metal projects located in Alaska and British Columbia. It holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska, as well as six Hyder Area gold-silver and base metal properties in southeast Alaska and... see more

TSXV:BWCG - Post Discussion

Blackwolf Copper and Gold Ltd > Now I understsand
View:
Post by nofluff on Jun 26, 2023 9:07am

Now I understsand

The bw selling. Opv does not even own there properties. They still have to earn in. No wonder there sh liked the deal and bw did not. Kind of like getting your cake again after u have ate it. If we had been told what earn in terms r, we could make sound deciscions. Kind of being treated like mushrooms here.
U can do better rob!!

nf
Comment by marketsense on Jun 26, 2023 12:12pm
Hard to believe that BW mgmt was unaware of the earn in terms.  Since Mcleod and Lekstrom are friends going way back,  there must have been clarity during the  discussions between the two.  If I'm wrong then Lekstrom pulled a fast one but I don't think he would have been offered a position in the combined company if that were the case. Bottom line is the OPV property ...more  
Comment by nofluff on Jun 26, 2023 1:31pm
I am sure there was full knowledge going forward. Just us mushrooms kept in dark until deal was done. Only 80% plus earn in costs to get it. Huge difference from 100% ownership. We have no idea of earn in terms. It is a high grade large on surface deposit. I am likely as dissapointed as I sound. Not that the deal is neccesarily bad. I just do not like material info being with held.  nf
Comment by marketsense on Jun 26, 2023 2:20pm
I hear you NF.  Sort of like TKO.  You hate getting blindsided by a company after doing your dilligence.  Now its time to get this show on the road.  They've got a real  nice piece of ground to work with.  
Comment by nofluff on Jun 26, 2023 2:29pm
yes m.s. The tko poopee was straight out transfer of sh wealth to friends. Either a con or incompetance. I actually sold more today. Sour tastes r hard to forget. This bw deal is not judgable. Except 4 the material info left out to ma and pops. We will judge, based on the future. Not many will buy on spec. The drill will have to return. nf
Comment by nofluff on Jun 27, 2023 10:55am
I have had more research time. The optomum property holds about a 10 million cad earn in. Some has been earned I believe. It is  a tiny property compared to bwcg. However, they have drilled several stacks, returning up to 15 thousand dollar pt rock. To visualize, that is about 40 thousand for 1 cubic yard.  It sits between premuir and brucejack. It will be able to be developed, and ...more  
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