Can see one of the majors lining up to get a foot in the door with equity financing.There's no other way anyone could get a decent stake.Present holders represented here would probably not want Drake to get more equity and would be pushed on a pro rata issue.
When a major takes a stake,based on other situations,it puts a rocket under the SP.Why not raise another 5 mil for exploration to JORC the 2 major bodies and see if they are continuous at depth.
Anyone who thinks this is a scam at this stage is intellectually challenged IMO.
We have studied the scams of history and not one of them has got this far.None of them have had the breadth and depth of the BBX board.
Posted at the risk of having egg on my face howver Ithink that those who are still doubting will have omelette all over themselves with no-one to thank but themselves.For Grigor and his like, we wont see an aplogy but they can retreat with grace and say that their doubts are lessening, and then they won't look like total twerps.
BBX Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held