BTR 5.56% 1.7¢ brightstar resources limited

If what others have said is true, that what Blackthorne have in...

  1. 3,823 Posts.
    lightbulb Created with Sketch. 343
    If what others have said is true, that what Blackthorne have in the ground right now is worth 70c a share at their existing tenements.

    The market is forward looking and BTR at the moment is simply 'out of favour or fashion'. Perkoa is still a year away from producing and we're all at that terrible crossroads asking whether BTR is a sleeping tiger or just another dog.
    But, as the market is based on ONLY 2 emotions: fear and greed, then those who are sure it's a sleeping tiger want us to believe it's a dog and those who are sure it's a dog want us to believe it's a sleeping tiger.

    Sure they can try a capital raising but Scott has stated he'd rather avoid this route. This is not to say it won't happen, particularly if BHP pack up and leave. As normal it's sensible to have some cash put aside for those dips that I assure you will continue.

    DC, why don't you draft a formal letter to Scott (or email) detailing your proposals and ideas? Technically, like many of us you're a part owner of this company and you have that very right.
 
watchlist Created with Sketch. Add BTR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.