Opportunity to increase the share price by developing real assets has been lost while dilution has increased.
Agoracom staff,
Your preview post and the format that is actually used by the poster is worlds apart.
You never get a second change at a first expresion...so below are some of my thoughts on my investment.
Oh how some of us consider building a company is no more difficult that switching on the light switch in your home to produce light, when this market is saturated from credit crisis to credit crisis.
Nothing about Bell's business plan by developing real assets to increase share price has changed. The real assets that you referenced remain within the company.
If Bell requires a financing to develop their assets and in turn, hopefully increase the share price, which is no guarantee in today's market, what choice do Bell have other than to finance?
Bell can only work within the confines of the market without lowering their reputation to market manipulation, which is nothing more than a short term gain which would result in long term damage to management's reputation.
I find it refreshing that institutions have enough faith to invest in a junior like Bell in this credit crisis market. There is another option....without funding, do nothing.
About Foundation Markets:
Foundation Markets is a Toronto-based investment banking and limited market dealer committed to assisting small- and medium-sized companies with rapid-growth potential. In addition to Foundation's core client base of emerging Canadian companies, the firm maintains strategic partnerships in South America, China and India through which it is able to assist companies in these emerging regions to access North American and European public market capital.
Check out Redhawk Resources Inc. whose claims abutt Bell's own Sombrero Butte land package just North of Sombrero Butte.
Several days ago Redhawk also announced that it has initiated a review of strategic alternatives in an effort to optimize the value of Copper Creek, its principal asset, for its shareholders. Redhawk's estimated contained copper equivalent in the measured and indicated category is already 212.3 million pounds and in the inferred category was over 1.9 billion pounds according to their recent NI 43-101, and is advanced enough now to put it into play.
Redhawk got little more than a grunt from today's credit crisis market. How disappointing must that be for Redhawk's investors? In stating such, Copper Creek is Redhawk's principal asset which don't compare to Bell's/GR/Rogue River, soon to be (BCU) properties.
We speak as if Bell's management caused Bell's share price to be in the gutter, however nothing could be further from the truth. Bell management is equally as disappointed as all of us shareholders.
Bell Copper is building shareholder value through mine development and exploration. The company is focused on the development to production of the La Balsa copper mine in Michoacan, Mexico, while continuing exploration and development on its pipeline of projects in some of the world's premier copper-producing regions.
No one trick pony in this stable.
