Very strong delivery by the management, all goes according to plan or even exceeds the expectations. While now the focus of the company is on Paulsen, Lakewood processing facility and the related deposits, next year the attention will move also to Coyote and with such a strong cash flow, I would not be surprised to see in the next 12-18 months another acquisition. Majors still hold some non core assets, so maybe BC8 will try to get something there. The benefit in case of a major might be a scheduled payment, which gives BC8 more room to develop in parallel Coyote as well as the potential new acquisition. Great times to be a shareholder of the company. Macro environment is also very supportive, so its just a matter of time till the valuation of the company rerates significantly. GLTA.
BC8 Price at posting:
89.0¢ Sentiment: Buy Disclosure: Held
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