BBX 0.00% 24.0¢ bbx minerals limited

I believe what you intended to say was 395,000,000 fully diluted...

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  1. 85 Posts.
    lightbulb Created with Sketch. 10
    I believe what you intended to say was 395,000,000 fully diluted x $20 = $7,900,000,000 MC or $7,9 Billion MC.


    Yes, it is a lot, but much less than the figure you have shown us. Not that I would mind... And, in that case, for sure you could be called a spruiker...

    However, let me just say one thing: what is on that ground might worth quite less than the figure of 7,9 Billion, but it can also be worth about it or even more. It's too early to prove that, but @Midnight26 believes it is possible. Is he trying to convince anyone to buy BBX? Is he selling? Not that I know, and I very much doubt it. Even better: it's my conviction he is keeping all the shares he has. As some other people are doing. Me, for example. I don't need to sell one single share for now. And I don't want to.

    Can this fail? Of course! There are no "certain things". Inconsistent results can turn up again. Some floods can happen in rainy season. Things can go slower than we expect. But one can ask him/herself: why is the register so tight? Because what is on the ground is just dust?

    As I said, I believe Midnight26 talks (or writes) a lot with his heart. He is passionate about BBX prospects. Does that makes him a spruiker? In that case, in several moments of our life, all of we are spruikers.

    Anyway, that does not change a single bit about what BBX has on their grounds, or the long road ahead that we have. But what we know and what we believe are both diferent things than the reality will shown us.

    And I will tell you this: I am not the kind of passionate person regarding investments, but, to me (and I repeat: to me) Midnight26 is being conservative. Not regarding the market value of the company, but the value of the ore (both are different). Oh, we will have that answer in just 20 years or something like that...

    That doesn't mean I will try to convince you or anyone to put all your money on this stock. What any person does with the money is a subject only to him/herself. I know what I make with my money, and I take full responsability for that. If you want to avoid BBX, please do. If you have doubts about it, please expose it if you wish. If you want to warn others, no problem. I don't need to be protected from myself, but I concede some people are far more superficial regarding their investments. And if you want to grab some shares at a good price, you will face competition.

    And is this a risky one? Who knows? If it fails, for sure it will have been. If not... some of us will celebrate.

    Cheers to all,

    The Alleged Drakeman
    Last edited by stoodstill: spelling 25/06/17
 
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