Gold Chart, page-551

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AndyIgo

3,971 Posts.

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17/08/18

21:03

Post #: 35006201
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Originally posted by Forged ↑

Ok Andy, fine... I hail you as a rich man. 2 weeks ago, I ask you about gold & BBX related question, but you avoided this question. What prompted to ask you about this question was because you wrote, " I’m sure I will see $1.00 a long time before you and CBA see $84.92 again." CBA is a massive bank, there are tons of bidders/sellers with massive daily transaction volume. CBA holders can always get out of this stock anytime/anyday, if this stock doesn't suit them anymore.

Let me ask you again. All goldbugs are reading this & they are know that I make sense.

My question is:
Just for argument sake about your BBX safe haven. Currently it only has $762k in the kitty. Estimated this quarter expenses (July-Dec) is $360K. It will leave BBX with only $402 in the kitty. Technically it will run out money by March 2019. Since BBX is not producing, I assume dilutive CR at whatever price is on the card very soon to keep this explorer up & running in 2019? Sure you are a rich man, losing millions is a spare change right? But, how about other people (ordinary mon & dad) who are holding BBX? My argument is always eyes opener & make senses. Unless you have a different charming argument to convice your followers? Cheers.

Since BBX is not producing yet, how is BBX going to remain solvent into 2nd quarter of 2019 ? You are a rich, experience & successful business man, how do you tackle this issue of cash flow & stay solvent?

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Hi Forged and all,

I find it amusing that someone would brand me a liar and then ask for answers to their questions.

As you don’t trust what I say all I can suggest is that your read the company web site in regard to the future trial mining and self-funding plans.

You have every right to be both sceptical and wrong at the same time why not wait and see what progresses between now and the 2019 date you appear to be so concerned with.

Cheers and very best regards: Andy
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0 Great analysis

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