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3.92% 5.3¢ buxton resources limited

Ann: Directors of DDH1 elect shares as payment for drill program, page-4

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  1. mr_delta
    9,235 Posts.
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    26/06/18
    13:42
    Post #: 33954465
    I have been in this game of investing in the junior end of the market for more than 20 years now... very rarely do you find a company that runs its cash so efficiently... the best so far I have seen is AAR... BUX comes a close second...

    VERY VERY HAPPY with this for now... if we hit high grades, the driller makes a fortune out of their 13.5c purchase... one cannot grudge them for their windfall if that day comes this drilling season... we all will be one happy lot too... if they do not find anything, then they have the disadvantage of not getting paid BUT still paying their mob + equipment... good opportunity for them IMO...

    we do not have to go through a broker and pay 6% for any money raised - we are getting a CR like payment at the 5 day VWAP...

    all in all a WIN WIN situation...
    BUX Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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