Shocker - As a true believer this one hurts !
If all the Mt Boppy oz's are needed to repay trailstone debt then whats left for equity holders other than exploration potential ? Been following since the PLY days. other than White dam and some clever corporate deals along the way, a good bunch of operators not suited to public co space. Trailstone was meant to fund growth ??? and acquisitions ? Silver and Gold price has to head north in a big way for equity holders to make anything out of this in the medium term and there are better gold plays in the space than BOK. How economic is the Cobar Silver does anybody really know as it sent former owners bust. If there is no new deposit discovered there I suspect not very economic at all. Time to privatise or change approach - hope next news flow is not released in Oct 15 as the Sept quarterly and some improvement in the mean time.
Shocker - As a true believer this one hurts ! If all the Mt...
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