can I just say off the bat. I think your posts are brilliant, across the board, not just these
but this from the company a recent as Oct
New project generation activities have been accelerated in light of the greater number of new opportunities being presented at more reasonable valuations given the recent falls in most commodity prices and weaker resources market conditions.
Through the extensive industry networks of the Board, the Company is currently conducting due diligence on a number of new potential copper and gold project acquisition opportunities located in Australia, Zambia and the Americas. The Company will continue with its plans to realise value from the Pilot Mountain Tungsten – Copper Project in Nevada
Consistent with the revised strategy, in the light of very significant falls in Rare Earth Element (REE) prices over the last 12 months, continued delays to the proposed drilling program and the failure of recent attempts to renegotiate the terms of the agreement with the project vendor, the Company has withdrawn from the option to purchase agreement over the Longonjo REE project in Angola.
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plus... your conversation with the MD
he was of the opinion that their ground was more conducive to gold deposits than nickel
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I have always thought people make projects... people make the decisions that lead to creating value.
you do so much location research, do you take this into account... and if so how do you square that away here. depsite being so close, these guys still seem a million miles from nova
BFE Price at posting:
5.5¢ Sentiment: None Disclosure: Not Held