OTCPK:BKBEF - Post by User
Post by
danaleon Mar 08, 2019 7:54pm
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Post# 29464176
Random Thoughts
Random ThoughtsI find the sp absolutely ridiculous.
I also believe that buying at this price is an absolute steal.
I foresee 2 potential scenarios:
1. The company will be taken private. If that is the case, the ideal time is to do so is in the next few months before all the completion results are out and the takeaways are in place to ramp up production. The offering price would likely be in the $3-4 range. At the the current price it will easily be a double
2. If the company is still public by September, the price has no where to go but up.
By next year we are easily looking at at least a double. And the available shares will keep shrinking, as insiders will be accumulating and they already own 120M shareas out of 190M.
Personally I prefer a second scenario, primarily because I have 10% of my holdings in warrants. Unders sceanrio 1 the warrants might end up been worthless.
My conclusion: Keep accumulating at these prices as this is a win win for the shareholders.
GLTA