Share
1,343 Posts.
lightbulb Created with Sketch. 49
clock Created with Sketch.
03/02/17
23:03
Share
Originally posted by BabaRoga_space
↑
Appreciate the advice m8.
I didn't just dive in, tho I can see how it might appear so.
I am well aware of Chapmans, whatever the company's name is they run into the ground few years ago, and previous consolidations.
Even tho I feel for longer term shareholders the fact is they paid for expert advisers fees, initial prospecting and tenaments acquisition fees. Lost a lot of money in the process. I get your frustration.
However, there are few initial sampling lab results, drill results coming in the next quarter.
There is $800k in the bank.
If these Muppets got lucky with acquisition on any tenament, post consolidation SP will fly up.
If not, I'll get out before 3B's start dropping for new tenament aquisitions. Hopefully with not to big losses.
So for that reason, it's a buy for me.
But you are right, I wouldn't recommend someone to have a long play in this company. Without confirmed discovery
Expand
You won't be able to get out. To do that you need some numbers on the left hand side ie; the buy queue.
I can't see there being anyone there for you on that side.