Company Updates From Management – Tue 16 Jul, 2019

Blackrock Gold Corp – A New Team With Exploration Near-Term In Nevada

Blackrock Gold (TSX.V:BRC & OTC:BKKRF) has seen some major management changes in the past couple months, including a new CEO, Chairman and CFO. I have held Blackrock shares for over a year as the stock moved down under a management team that I was very disappointing with. The recent changes have perked up the stock and brought some more attention to the Company’s Silver Cloud Property in Nevada.

The new CEO Andrew Pollard joined me for a general recap of the new team and the Silver Cloud Property. We discuss the exploration potential and the work that is planned starting shortly.

If you have any follow up questions for Andrew or I please email me at Fleck@kereport.com.

Click here to read over the full Blackrock corporate presentation.


Comments:
  1. On July 16, 2019 at 10:36 am,
    cfs says:

    Burn rate of 0.04 cents per share seems to indicate coming financing and dilution. Any comments?

    Cash on hand? Good at $2 million. 48.993 mil shares.

  2. On July 16, 2019 at 10:42 am,
    cfs says:

    Filing
    Date Transaction
    Date Insider Name Ownership
    Type Securities Nature of transaction Volume or Value Price
    Jun 26/19 Jun 25/19 Wood, Antony Direct Ownership Options 50 – Grant of options 90,000 $0.100

  3. On July 16, 2019 at 10:48 am,
    cfs says:

    I assume Anthony Wood is the Finance officer as he was at Rye Patch.

  4. On July 16, 2019 at 10:58 am,
    cfs says:

    1/2 warrant per share. Better than a full warrant per share.
    Pollard bought a million shares at $0.10 , 500,000 warrants exercisable at $0.16
    Currency C dollars

    • On July 16, 2019 at 11:26 am,
      cfs says:

      Going back in time……

      Andrew Pollard was awarded 750,000 options exercisable at $0.050, of which 100,000 appear exercised so far.
      William Howald was issued 500,000 options exercisable at $0.050, of which none appeared exercised so far. (Although he has bought shares above option price.)
      Anthony Wood granted 240,000 options execisable at $0.055, of which none exercised so far. (Although he has bought shares above exercise price.)

      (I wonder if these guys filled in the forms correctly)

      There are also several packages of 90,000 options out there at $0.10 exercise price)

      There are enough warrants and options to keep the company financed for a while.

  5. On July 16, 2019 at 11:06 am,
    OOTB Jerry says:

    Iran wants to make a deal……Oil down……should be good for the miners…to run equipment……