BOA 9.09% 2.4¢ boadicea resources limited

Best Fraser Range Nickel Play, page-37

  1. 187 Posts.
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    john435,
    Of course we accept that BOA might have hitched a ride on WIN's back for a bit but let's face it, anyone with just half of a brain would have known that WIN was headed for disaster. Now that it has been announced that their conductor is a duster, it is natural to expect some rub off again on BOA.
    Have you ever considerd that part of BOA's SP increase might have been due to the following:

    1. Apart from Sirius, they have the most prospective piece of real estate in the FR.
    2. They have identified what appears to be a reasonably large conductor on the desired N-E trend
    from Nova and Bollinger.
    3. Gravity test results show that an intrusion appears below where the conductor sits. The gravity results
    also showed another 3 areas of high interest on BOA's lease.
    4. Geochem results from auger drilling in the same area showed elevated indications of Ni and Cu.
    5. It is expected that drilling in this area will commence before the end of April.
    6. At the time when WIN's SP was skyrocketing, BOA's market cap was about 25% of WIN's.
    7. BOA has a very limited number of shares available for public trade.
    8. BOA is conservatively managed and when they release their cash report for the March quarter, you will see that they still have in excess of $2M in the bank to fund further exploration without having to
    tap the market. There will be no immediate announcements for a quick cash grab.

    If that is not enough to encourage buyers into a spec explorer, I don't know what is. Unfortunately a lot of users on the HC site are too busy promoting the lesser FR players and don't see the exceptional value in BOA. Of course there is some risk that their first hole might also be a failure but there will be plenty more to follow. Look out though if the first hole is a winner - you will see the best share run you have seen for a long while. BOA does not need to coat tail WIN.
    Good luck with the drilling boys, at least you have done the groundwork and let's hope you get the results you deserve.
 
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Last
2.4¢
Change
0.002(9.09%)
Mkt cap ! $2.960M
Open High Low Value Volume
2.4¢ 2.4¢ 2.4¢ $2.208K 91.99K

Buyers (Bids)

No. Vol. Price($)
1 239000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 228593 1
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