Reiner, I hear you... I cant honestly vote a completely new board in when they havent told me what their intentions are? Maybe something is in the mail?
"If Mr McGarry, Mr Greenhill and Mr Michael are appointed to the board they will reconsider all facts relating to the sale of the Barlee Gold Project and immediately move to reduce operating overheads"
OK, if they dont want to sell the mining lease, thats fine, but what is BCN going to do for money? They haven't outlined anything?
Im not saying im not against some fresh faces on the board, but not all 3, I think it's too risky, and too opportunistic of the new guys.
I know the current boards intentions would be a capital return of some royalties from RMS, which would be nice.
And the other thing is I would love to see RMS bring in the deep drill set and try to find the feeder lodes that could be up to 600mtrs down. This could lead to a substantial increase in resource, who knows? They have the money, and the expertise to do this, BCN doesn't.
BCN Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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