Firstly I do not work for BTV. I lost Big Time, when they deferred the Deflector B.F.S. last Year and I'm convinced something is going on here. You see, no One has ever told us what Gold Price Snowball and Associates actually used in their B.F.S. of Deflector. I think to protect themselves they would have used a Figure perhaps 35% or so Below the Gold Price as it was it the Time. ( $790 Aus. per oz.of Gold would have been reduced to approx. $510 and of course this would have made the Project Marginal). Also, remember how the cost of a new Crushing Mill was included in the B.F.S. when Two Crushing Mills were in Place. The Directors may well have disagreeded. The Buy Up and Transfer of BTV Shares along with the Selldown of THR Indicate this could have been the case. Some of The Selldown of THR would have been used to Fund the Studies of Rocksteady and Brandy Hill. There's Money in the Bank and Two Directors don't want any more of it spent than necessary at Rocksteady and Brandy Hill. There are any number of examples of Directors resigning and Companies turning around.
No responsability taken for any losses in association with this Posting.
Interesting,
moly
BTV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held