BBX 0.00% 24.0¢ bbx minerals limited

Too many friday beers down to do a good calculation but drake...

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  1. 849 Posts.
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    Too many friday beers down to do a good calculation but drake are very close to 50%. If they want it bad enough they could exercise their 20 mill plus options at .0125.

    This would of course put pressure on on other option holders to convert, even those 5 cent options might need to be used to keep them under 50%.

    For the record i sold 1/3 of my holdings yesterday as i needed the funds and will be looking to double down in a few weeks when i can hopefully in the 3.3-3.6 range.

    I still think we are on the goods here but lack of communication about the other drill holes forced my hand.

    I also think we should give management a big wrap for putting their own dollars into this the last few weeks. Although disappointed with the last update they have given us a shot at keeping drake under 50%. Well done Jeff, schu and Dix
 
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