For anybody that is interested, I have referenced CTP's "NT drill targets" map and showed where BKP's lic's are in relation.
CTP is currently capitalised at just over $100M with $35M in cash and access through a Rolling Convertible Bond (with the obvious associated dilutionary effect which I will not estimate) I think BKP is capitalised around $12M with approximately $2M in cash.
I hold a very small amount of BKP which I held before their re-cap and was burnt badly on the options....my bad. I hold no CTP but have had an eye on them for some time.
I just figured some people may find this interesting.
BKP Price at posting:
0.7¢ Sentiment: None Disclosure: Held
