BTV 2.33% 21.0¢ batavia mining limited

4 million atw shares $3,108,000 at last trade, page-8

  1. 7,295 Posts.

    Hello Fatstocks,yes I read that ATW announcement and see it as veryification of what myself and many others thought could be the case with the Deflector Prospect. I could not understand why these BTV Directors sold off Deflector in what looks like a Fire sale, granted the prospect looked patchy going ahead and these latest ATW results prove this and the Ore type was going to present some difficulties with processing, however it did not look impossible.
    Mr Greg Durack seemed to be 'steamrolled' by the rest of the Board with his improved plans for Deflector and therefore 'Walked' when the price of Gold was around $570.00 U.S. per oz..
    I presently have no confidence with the present Directors here however it is not impossible that things here could change, therefore perhaps LT. Buy is well founded while the present BTV Share Buy Back Circus is in operation.(Shares on the A.S.X. tend to be weak and decline during Share Buy Backs).

    No responsibility taken for any losses in association with this Posting.

    Good luck,

    moly
 
watchlist Created with Sketch. Add BTV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.