BBX 0.00% 24.0¢ bbx minerals limited

Ride the Elevator, page-15

  1. 4,791 Posts.
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    Low single dollars? I don't think so. That would nowhere near fair value once the drilling results come in.

    Would you sell if you could you can fill 6 small 25t trucks in an hour to bank ~$1M?

    A big mining company won't buy in until there's an Indicated JORC resource on this and Jeff and co. won't want to sell until they've drilled some +500m deep holes on a handful of deposits at Tres Estados and Juma, etc.

    By the time we've got any Indicated JORC resources we're going to have a huge Inferred resource. I'll be spewing if we go for less than $20/share.

    This is a once in a lifetime discovery that creates major mining houses.
 
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