Backontrack, treasurehunter, and others, after your success with CNL will you be investing in Nichol's new IPO?
I've put up a summary in BAC thread if anyone is interested.
After what he did to turn around VGM and bring in a world class phosphate deposit, I'm curious to find out what he has planned for BAC. Phosphate? Iron ore? Copper/gold? All the above?
They're raising cash at the moment and a few broker friends of mine have said they're getting a lot of repeat investors that have had success with CNL or seen that story unfold.
I don't think coal is the name of the game. The projects look good but I think going on track record they'll bring in something even bigger/better. Just my opinion ofcourse.
CNL BFS due soon. Should coincide with listing of BAC. So if BFS is as good as we think it will be then I don't think there will be a shortage of buyers for BAC shares when they list on market next month
silver play?, page-11
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