BTV 2.33% 21.0¢ batavia mining limited

bargain time again, page-2

  1. 1,843 Posts.
    What makes you say it's one of the best buys?
    Everyone who has invested in BTV over the long-term has suffered. I suspect a couple of the most enthusiastic posters on this thread may have lost hundreds of thousands of dollars. The ecomnomics of the project were marginal, and BTV can only 'hope' to upgrade from here.
    Misleading readers by saying 'one of the best buys' is just wrong. To anyone thinking of buying, have a very thorough look at management, and the way investors were led to the slaughterhouse last time. And the time before that. And the time before that.
    The Deflector project in fact has a history of breaking companies. Ever heard of Menzies? Maybe not. They went broke at Deflector.
    For more evidence regarding the incompetance of management, look to the spin out of THOR. A horrible move, as keeping those tenements would have seen BTV SP far above it's current levels.

    There MAY (only possibly) be potential if they can drag Deflector through to being economic, but it's a long-shot thats been tried before. Even if this unlikely event comes to pass, is it worth the risk? There are plently of promising gold plays with greater potential return and significantly less risk.

    There is NOTHING about this company - or thier tenements or management - that warrant calling it even one of the best 50% of plays on the ASX.

    It's not fair to mislead people like that - the posters on this thread have done it before, and people should be warned they are doing it again.

 
watchlist Created with Sketch. Add BTV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.