BKT 3.77% 5.5¢ black rock mining limited

China, the Dragon in the backroom?

  1. 180 Posts.
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    Been a long term holder of this stock, in fact I date back to the Green Rock days - certainly a great idea ahead of its time, sadly.

    Like most here, I have been waiting for "The License" to be granted, yet month after month there is no news.

    Maybe we need to dig into this a bit?

    Why is there such a delay? BKT has ticked all the boxes, been a good community citizen and (hopefully) been an impeccable Corporate Citizen in Africa.

    So why the delay?

    Is there a possibility that China is in "The Ear" of the Government and is delaying the granting of a license, waiting for the time for the company to bleed dry and then swoop on the mining lease and profit - at our expense?

    Thoughts?
 
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