I've been watching BPH ever since @vontrader told me about the super-pot his company is growing in Patagonia and BPH bough a stake in it.
1. you need money, hard to do at the moment when no one wants to buy the shares
- what do you do, raise $600,000 at 0.5c a share, dilution city (just a guess at the dollars)
- and that's just to float the drilling out and get it in place
2. the drilling is a long way off, and I mean a long way off
- there's a sheet load of hoops to jump thru before drilling starts
3. More money will be needed because something bad always happens
- you can't raise at 0.25c a share
4. The pot in Patagonia must be coming close to a crop season, apparently its really friggin hot stuff
5. where is the money coming from, see point 1.
- Forums
- ASX - Day Trading
- Day Trader’s Aftermarket Lounge 1 Apt 2020
I've been watching BPH ever since @vontrader told me about the...
-
-
- There are more pages in this discussion • 125 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online