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Alias Born | 08/03/2010 |
Monday, June 20, 2011 1:10:23 PM
And it was 13% well spent if it saved the company from bankruptcy and kept the claims, plus erased the debt and provided operating capital.
One does occasionally get the impression that Briscoe could be happy kicking rocks and making amazing finds without pushing too hard on the business end. If that 13% of the potential was enough to get NAK on board and expose us to HDI and affiliates, bravo and well done.
That deal may well be the first domino in a chain reaction that allows shareholders to ride along as decades of Briscoe's work are monetized, all at a time when geopolitical trends are aligning to create record prices for precious and industrial metals, plus REE's.
This is why I bought more recently, and will do so again on the dips.
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