Woah chill. Lol no...that’s not what i’m saying / complaining...

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07/07/20

11:52

Post #: 45692674
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Originally posted by Blythefan: ↑

One way to look at this is that your model, implictly, is that the only way to make money in mining is to buy something someone else has dollied up, for top dollar. You're also complaining that a tightly held register didn't churn "its whole market cap" "ON THE DAY". Which is like saying you are disappointed that Blaze didn't get a huge run of day traders buying the rumour to sell the fact later, because directors haven't sorted their mates out a huge swag of cheap shares, which don't favor anyone except insiders, to take a flea bitten dog from the wrong side of the tracks and give it a bath.

Another, Blythefannish, way of looking at it is that a huge soil anomaly has been worked up by the Vendor (which I can't google diddly about, so is clearly some private PTy ltd not backed by brokers and shysters and scaly critters) and Blaze is paying peanuts to get onto it, drill it to prove it up, and pay a whack of money later on. It's a great low-cost entry.

Your complaint is that you want Blaze to spend all its money lining the pockets of people who will pump this up like a balloon full of hot air and swamp gas trading "its whole market cap" ON ONE DAY by swapping shares from one account to another, to create an illusion of liquidity, and sucker in some shlubs....and then do nothing at all about finding real gold for 3 years.

I mean, lets look at companies which are going up. They aren't doing deals - they're out there drilling. DEG. MGV. AOP. STN. Etcetera. All out there actually exploring, not just transacting.

But hey, be disappointed that people get a chance to accumulate on a solid set of nickel tenements, and a 5km long untested soil anomaly 15km from Mount Magnet. I look at this as accumulation, not a short term pop-off.

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Woah chill. Lol no...that’s not what i’m saying / complaining about, you’ve misquoted me a couple times and re-worded and portrayed my thoughts with the underlying assumption that i’m sitting here hoping for a ‘dog stock pump’, hope you don’t do that to everyone on here, it’s provocative to say the least.

The confronting and condescending nature of your response suggests you probably won’t bother reasoning with me, so i’ll aim this reply at others who may have also misinterpreted what i’m trying to say.

All i’m saying is, we’ve been waiting 2 years being told the focus is on vending in a super high quality acquisition (hence the wait), and they’ve also spoken about looking into advanced gold assets for a year now. I think many long awaiting shareholders can agree that we were hoping for something a little more meaty when an acquisition finally came. We’ve seen plenty of other specs acquire more advanced projects and move onto trying to prove up the asset far quicker than the 2 years its taken BLZ to only conduct DD on prospects. I’ve got no problem with the assets vended in, it’s a nearology play, would have just preferred to see something more validated given the wait, rather than a greenfield ‘hit or miss’ punt.

Let me make this clear, I am NOT suggesting we vend in an overpriced asset for a dog pump to line management’s pockets and not prove it up. But i’m sure you don’t care what I have to say, feel free to continue assuming i’m some sort of a punting spec cowboy looking for qik ca$h lmao.

BLZ Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
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