Why are BBX fluffing around, is the project area in a environmentally difficult area?
To take your last question first: Just my opinion but it’s probably the amount of high grade Gold they are finding in the area.
I understand the land that has been handed back was due to a ministerial change, a national park if I recall correctly. If it can’t be mined it’s of little use to the company and it’s probably saving the shareholders money in holding costs, but please don’t hold me to that.
As to the other questions I believe these things are all in hand it just takes more time than we would all generally hope. You could try ringing Jeff to put your questions to, I find him very helpful generally.
I notice your sentiment is buy so I wish you good luck in getting aboard I doubt your list of negative questions and innuendo will help lowering the price much more before your purchase, but you never know it’s always worth a try.
I’m sure an astute chap like you will complete your research and due diligence and once again good luck buying into this tightly held stock.
Cheers and very best regards: Andy
BBX Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held