"Strauss, A big plus for BSM is the fact that the mill it sold to privately owned Ivy resources remains onsite. BSM has rights of exploration & development in respect of base metals in the Hellyer mine lease. Ivy resources my emerge as a white knight for BSM. BSM certainly needs a cash injection .....Ivy resources may be the source....A win- win."
i didnt realise the Mill was still onsite, makes sense for Ivy to leave it there though because one day with strong enough commodity prices the unmixed portion of Hellyer would be very valuable. perhaps that day is now?
LMR cash is 8c? Why the selling
Weekend STT Lounge 25-27 Jult, page-60
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