BSX 3.85% 5.4¢ blackstone minerals limited

I like the idea, I like the project area. But the money needed....

  1. 13,252 Posts.
    I like the idea, I like the project area. But the money needed. The CR that will be needed to move forward.
    You can see massive dilution and eventually a reconsolidation to raise anywhere near the amount
    of money required for start up. That being said it will probably be the cheapest way for them to become
    a Nickel miner. Especially if they can buy mill plant
    at a fire sale price. No doubt owners will want to get rid of it and have probably written it off tax wise. A really interesting story if the management is up to it.
    But I think a buy in price is nowhere near this.
 
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