Ann: Quarterly Activities Report and Appendix 5B, page-34

Bc8 has amazing exploration upside. Many of their current assets remain open. Drilling is about to prove this again. Their mill locations provide a lot of opportunities for toll treatment and potential acquisition’s. Strandard Assets that won’t be able to build a mine would be coming a knocking in this environment. These guys have shown a lot of restraint and clear understanding of what’s worth owning. Several other companies tried to buy the Lakewood mill and they now don’t have a solution. Who knows what the future holds. Bc8 don’t need to buy anything unless it’s cheap imo.
They will keep adding mine life as they go. 3 months drilling at Paulsen adds a years new mine life. They are currently pushing a 26,000m combined drilling program across two of the mining hubs.
The recent Antimony news is exciting. You don’t often see 2x 800m Dimond holes going into anything these days. Who knows what they find. They have 5 major multi km open mineralised targets to drill this year at Mt Clement. I personally think bc8 can drill on their own ground for many years without buying anything. If they buy something, then I’m sure it will be a cheap money maker that adds value. That has been the pattern from day one.
Short term market adjustments will come along the way. The earnings are going to jack up moving into each new quarter now. These earnings should see us crank into the end of the year with a big re-rate imo. Dyor.