Post by
medford on Jan 17, 2023 3:56pm
New name
Wonderful new name, not fully permitted, it's like another incarnation of the same rock pile. I remain optimistic for now, but my gut tells me that a share consolidation is next. That will be the final nail in the coffin, I hope I'm wrong.
Comment by
reddog11 on Jan 17, 2023 5:43pm
There is no reason for a reverse split if thats what you are referring to. The number of outstanding shares dont warrent that imo. What would be the "perceived" benefit? Copper is trading solidly above $4 / pound now and interest (like today) will build if the price remains stable to up. jmo RD
Comment by
medford on Jan 17, 2023 6:32pm
Copper is up nearly 25% over 6 mos, while BHT is flat. This stock will not trade higher on the back of copper until there is certainty that operations will commence. To answer your question why a reverse split? Very common for penny stocks with no revenue and new name. Do your research.
Comment by
reddog11 on Jan 17, 2023 6:46pm
Ok. I just disagree, but thats alright. I think the permting is the key. However, I think if copper keeps rising it will affect this stock. Good news is both issues will be answered and we will know. RD
Comment by
medford on Jan 17, 2023 7:24pm
I want to remain optimistic, I do have something in this. Cheers
Comment by
Baserunner on Jan 25, 2023 12:40pm
Great name change! When this company gets on solid footings and the power moving , with good results , sure as hell won't hurt it! Just surprised the filters at tsx passed it as it is a subject " Canadian Critical Minerals " which the whole mining industry are hoping to take advantage of under government programs and Bills passed! 10 out 10 to management for being so creative