Barksdale Capital Gains Stamp of Approval from Teck
I first wrote about Barksdale Capital in late February of this year. As the price of copper dropped so did the price of the shares. They were $.55 then, have recovered a little and only $.57 today even as the story is better understood.
They made a giant step forward a few days ago when Teck stepped up to the plate and took a $1.5 million dollar placement into Barksdale. That will put them at 8% ownership in addition to a 15% ownership already by Osisko and having Eric Sprott as a major investor.
I cannot stress enough what a simple decision this is to invest in what will be a major base metals deposit. It sits on the border with the $2.1 billion dollar Taylor project owned by South32.
If the Taylor project is worth $2.1 billion and Barksdale has the lion’s share of the system, Barksdale is worth a hell of a lot more than $21 million for their 67.5% of the sweet spot. Management thinks so, I think so, Osisko thinks so, Eric Sprott thinks so and now Teck thinks so. Just what are you waiting for?
I own a lot of shares bought in the open market. BRO is an advertiser and I am biased. Do your own due diligence.Barksdale Capital Corp
BRO-V $.57 (Jun 14, 2019)
BRKCF-OTCBB 38.6 million shares
Barksdale Capital website