Hi All,I've been a holder of BC8 for several years, the...

Hi All,

I've been a holder of BC8 for several years, the attraction for me was the logistical advantage to Kal, mills, people etc.... with Coyote and Paulsens in the mix now I lightened up on my holding post the CR as it doesn't quite fit my investment parameters (I still hold several 100k shares). My current fears are, Coyote is about as far from anywhere as you can get, restarting to treat stockpiles may not be as easy as one would think. Paulsens in my view is effective a greenfields exploration with a mill thrown in, they really have to find a new deposit to make it pay, again restarting for some UG remnant ore won't be easy. I'm a big fan of mgnt, and I guess they had little choice re the change in strategy given the current operating environment.

An alternate strategy may have been to press ahead with toll treat myhree while drilling out more reserves and resources in Kal before building the Mill, I just hope the other two project don't prove to be a folly.