WHY COLIN BIRD AND BZT ARE LOST CAUSES1 Mar 2023 00:39
1) Cash poor- the company must be down to its last thousands. Having to issue equity to pay off a tiny 'consultant' fee recently just shows how dire things are
2) Debt- the loan Colin Bird took once he realise he couldnt squeeze any more money out of PIs without destroying the SP any more
3) Cyprus- dead
4) Kanye- just too much work to be done, Colin Bird claims it was
For those who dont know the background- Colin Bird used BZT to buy the company that owned Kanye- he and the FD of BZT, were botth directors of that company which is a clear CONFLICT OF INTEREST. At the time (almost exactly 2 years ago)- he claimed it was an excellent buy with 'drill ready' sites. This prove to be false. We are at the stage that one would probably have expected at LEAST one year ago. Truth is, we just dont have the money to do much with it.
5) Hope-should be renamed No Hope. Ridiculous delays in news, assays and updates. Its not feasible that as much work is going on there as Colin Bird claims. Application for a mining license when you are nowhere close to a resource? Just another of Colin Birds empty promises to keep investors interested. He knows that this site has zero commercial potential
6) Mankayan- i was correct in predicting this deal would fall apart, it did, and CB now only brings it up when he needs something to ramp about. Its another dead duck.
7) Kalengwa- for those who missed it- claimed that they had obtained incredible handheld copper assays- i immediately flagged it up as 'suspicous'- as the results were so good and it came out of the blue, months after- I posted on here I had reported him to AIM for holding onto the formal lab results- 2 days after he releases the lab results which are nowhere near the handheld results and the SP crashed again. Someone made a lot of money from the SP spike though, some posters came out of nowhere and dissappeared just as quickly- I wonder who was behind their identities? Almost as if they knew that the spike was coming.
8) Colin Birds horrific record on AIM, compare and contrast the losses PI have taken on his companies vs the tax-free salary he has creamed off them. Basically, a modern day Robin Hood in reverse.
Time he became CEO of BZT- SP 0.5….now 0.06
Time he became CEO of XTR- SP 10...now 1.9
Time he became CEO of Galileo 7.38...now 1.1