Black Mountain and POS, page-20

POS starting production is a Lolly Pop, it is never going to happen.
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There are various reasons why POS will highly unlikely to ever start production.
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1) POS is BMM Nickel show. BMM current holding is free carrying hence BMM will play it like a toy (& trading POS based on advanced info) as long as they can do. POS geologist is BMM Ex employee. I raised this issue several times last year. As time passes it will become more clear why BMM posted its own geologist at POS despite him having almost no credibility.
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2) Production means hard work to turn a company profitable which has own risk, BMM is not ready to take risk and loose cash cow.
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3) Keeping going to market, drilling, assay result, few studies and repeat. (Capital Raising, Drilling, Assay Results, Study and Repeat)
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4) My assessment is BMM long term strategy to split POS into 3 companies and list each of them at ASX and keeping doing same.
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Moral of story is : POS will keeping showing starting production Lollypop to share holders while BMM will flip the shares based ? ? ?
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