Okay me BUXOIDS listen up - Last Friday had a reply to my message from Eamon within a couple of minutes it read:-"No need to ring alarm bells. I will give you a ring Monday. Your company is in very good order"
Yesterday (Monday) morning he did just that
He spent at least half an hour on the phone going over the process of events that had unfolded since last September's posting.
So, what happened???
Yes the accomodation was put in place to continue drilling through the wet season...
IGO on board, yes - Then they were to plan the drilling schedule. In a nut shell IGO wanted to drill over there - BUX wanted to drill over here
Drilling came to a stand still & a meeting was help to determine the way forward. However during this tiny window to get the drill Rig & fuel tankers moved to new drill site what happened - The darn heaven's opened & it bucketed down - This meant there was no chance now to move the equipment especially in metre deep mud
So yes it seem's unfortunately now we have to hang in there until most likely wet season subsides.
I was reassured that the Company is in excellent order with upward of 5 million in the bank & the backing of two multi million Companies backing this project. He went on to say 2019 will be the greatest year Buxton has ever had with exciting times ahead.
He also said he could post an announcement with update in a weeks time but this would only bandaid the shareholders which he did not wish to do.
In two weeks time there is to be a closed & confidential meeting by the Buxton board of directors & the directors of IGO & Co
A week following this there will be a significant announcement with update & drill results etc.,
This in "my opinion" will lift the share price back up to around the 20c mark then further down the track as more drilling is in progress more announcements will be following. I am very confident to say Buxton will deliver & predict a share price of at least 40c - 60c all going to plan
Time is a wonderful thing - Its about time & Timing - I have followed BUX for many years & they have always delivered in the end
Please BUXOIDS be patient & stop all this "White Noise" - Scaremongering, It sadden's me to read of shareholder's selling out & taking huge losses & this does not benefit either the Company nor the remaining shareholders.
Please note this is NOT a paid update by me! Eamon gave me his consent to post this update & I hope it answers shareholders concerns
I do my own research & so should anyone who reads this posting. Good Luck to all Jazzkat
ps No rude comment replies - not appreciated, Cheers
