BTV 2.33% 21.0¢ batavia mining limited

need some news, page-8

  1. 7,295 Posts.
    Hello Hxs02,

    I've just checked my Records and found where I actually Paid a top Price.051 Cents which with a 5 to 1 consolidation equates to 25.5 Cents.
    It was unwise for BTV to proceed with that 5 to 1 Consolidation on the back of Average News,however I guess the Directors were Tempted regarding the fact that extra Funds would be obtained if the June 2007 Options (which increased from 5 Cents to 25 Cents) in fact Made the Money.
    I suggested 40 Cents as a Starting Point for consideration by BTV Shareholders to think about. Perhaps I should have added based on a Gold price of Aus.$800 p/oz. however at the present Gold Price of Aus.$850 p/oz. 44 Cents per Share should still be an Attractive Starting Point.
    I think BTV has to be ready in case some Company comes, Sniffing.

    No responsibility taken for any losses in association with this Posting.

    Regards,

    moly
 
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