BTR 0.00% 1.6¢ brightstar resources limited

Ann: Oversubscribed $2.5m Placement to Accelerate Resource Growth, page-5

  1. 2,059 Posts.
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    Whomever is selling is most likely selling for a loss and getting out. Although disappointed with the price I am happy that a further set of drilling is planned. That will make a total 24,000 metres completed in a year which is impressive. Brightstar still have a small cap and with roughly 4 million in the bank they can focus on increasing the jorc. With Canncord obtaining shares in the raise - 6 million I believe I am sure they will pump it to offload. With so much uncertainty on the market it is definitely a buyer's market but we all know that can quickly change.
 
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1.6¢ 2913140 6
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