BMO 0.00% 0.6¢ bastion minerals limited

rights issue, page-20

  1. 1,498 Posts.
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    What if BMO could gain an interest in Three Sisters from GGG? It would be a nice step up for BMO as an explorer.

    It seems potentially possible that GGG might be willing to farm-out or sell Three Sisters, being now very focussed on their Greenland uranium. The company name change alone is enough to suggest that. However, maybe there are other signals to be read as well if you have a vivid enough imagination. For example, Three Sisters seems interestingly de-emphasised in recent GGG reports, as follows.

    1. Consider a broker's report that GGG commissioned from Resource Capital Research dated 25 September 2007. It gave Three Sisters a princely line and a half to say that it existed!

    2. My searches of the latest GGG annual and quarterly reports for any of the separate words "three", "sisters", and even "gold" got me no relevant hits at all.

    Well, anyway, it's just a crazy lil' old theory to think about - that five sisters may look better than two from BMO's angle...

    Cheers
 
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