First Bitcoin Capital Corp (BITCF)

[OriginalFred]

lhsmith, I agree with you that the cease trading order does not seem to have any real impact on the stock. However, it does highlight the main problem with this company.

If they really have a rich reserve of 3 million ounces, why is the best partner they could find an unknown Canadian micro explorer?

The cease trade order questions the validity of the company's claims as does the disappointing deal.

But maybe Regent will prove up the 3 million ounces, and this stock will prove to be a huge bargain. I just think the odds are against it. There is too much here that does not add up. It is starting to remind me of NMCX. NMCX has claimed for years to have a huge and valuable reserve, but they never seem to be able to do anything with it. Pink sheet stocks often lie to investors. Sad but true.