sneak preview, page-20

BMR I understand has great potential. A lot actually! but it seems a lot of people are counting the chickens before they hatch. HXG are not in the game of trading and nor should they be. People have some big numbers in their mind on BMR, I hope they can be right although I would like to throw some caution into the wind. Right now cobalt is hotter than a pirates pistol and BMR grade has us all thinking it is too. There are a few loops to get thru until we IPO. We need the market to remain firm, cobalt to remain hot & no left field Canadian development situations. Canada has long lead times for something to get into production, mostly it stems from environmental checks. I am not saying there is any issue with BMR (not at all) but left field things can happen and for me HXG should not trade the huge optionality that is getting discussed. I think for them cash is key and if they can make some money great but not aim for crazy return because nothing is certain.