BMO 6.67% 0.7¢ bastion minerals limited

Ann: RIU Explorers Conference Presentation, page-17

  1. 3,721 Posts.
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    walls of sellers came in just like every other time

    i largely sold before this announcement

    possibly the only good announcement and the best announcement by BMO since i heard of these scum

    400k just to keep the lights on and for what
    one Canadian lithium project, lithium now dead.
    one Swedish ree, again overseas no boots on the ground and still 400k
    400k per quarter plus a proper amount to actually do the business operations of exploration equals a capital raise every 3 months
    slippery slope that even good results might not overcome
    maybe sellers run out at some point but that could be a long time multiple capital raises away at much lower prices

    good operators of micro cap keep costs around 100k per quarter
    dumb shit shareholders allow these scum more.
    scum allows scum
    i was one of the big dumb shits till i sold this down.

    then i bought KPO at 0.004 now 0.007-8 with potential news ahead
    also new copper developer now producer AUQ with corporate costs maybe lower than BMO
    Last edited by Empty Nose: 14/02/24
 
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