Re: BXX Presentation BOSS update from a long term holder....
in response to
by
posted on
Jan 30, 2013 04:06PM
The Company is focused on the discovery and development of large polymetallic porphyry copper deposits in North America - an area that host numerous world class polymetallic porphyry copper deposits.
I am really surprised that ES has not been more aggressive on the Boss project. Although his tone was very positive the recent direction has not been.
We were supposed to have 43-101 out over a year ago. Sounds like the delays at CUU doesn't it. With no resource estimate how accurately does the ES understand the true potential. IMO Freeport might know. They surround the project and could be waiting to starve ES out to entertain some sort of option deal which has been rumoured about.
DDH-07-2011 had from 0.53% to 0.27% copper over larger intervals,
DDH-B-05-20009 with 1.05% t0 3.53% copper.
Its there as noted above just needs to be drilled. Curious as to why he seams to have run away from this. If there anything in the ground we need to go after it and not ignore it.
How will value ever be applied on this project with a share price of .06. All this means is there is much potential for more dilution. Not good news for long time shareholders.
Is the share price being held back and more importantly why? Will CUU 2.0 hoist a take over effort to get at Boss, DOK, Breccia and the other projects? If YES you may have your answer... Certainly this is not good news for holders of the stock. To be given away for 30% premium still rests the price at no more than .10. Yikes what a friggin steal the Foxes would take back to the den.
I can't help but surmise our fate may rest with Copper Fox money.... This may have been behind the sell off last year from the teens and twenties. As the price tumbled I have questions about the interest of parties who may have played a roll...
Placements have been hard to come by as even flow through events are difficult to market the last two years. Time has now come for an option agreement on this property.
Sure would like to see Elmer plunk some of his own 196K salary into this game. His measly amounts bought recently have done nothing for the share price.
Time for action Elmer! NO MORE Endless delay....
The option holders and directors should be barking up this hugely as they have a ton of potential money to be lost. Time to light a fire under Elmer's feet and start holding him to deadlines and time standards. STEP up to the plate Board members!!!!
NUFF said