Update on Bocana and Arizore

Since my blog a couple of days ago on Bocana Resources Corp. (BOCA.V), it has been well received by other Bocana investors, people within my network and company management. I have briefly conversed over email with CEO Tim Turner and they were positive and productive. The arizore.io website has been updated with significantly more information, namely under AZG Reserve Data section. 39,000 ounces of gold has been claimed to be in reserve, with 46% of that being in tailings. 

Based on the updates that have taken place since I wrote my blog, it is my opinion that at least some of the important items that are in LOI status as outlined in the corporate update from a month ago are essentially done deals. This is likely part of the AZG reserve data being claimed. It is also my opinion that this relationship between Bocana and Arizore and the business model has been carefully constructed behind the scene for many months, and that we are starting to see public evidence of it like the website updates because completion is imminent.

My guess is that there must be some final legal processes to take place before the TSXV will approve of a press release from Bocana's side. It is also my opinion that this business model is going to be a success. People in my network have expressed interest in this business model and I have already approached the company about the possibility to recruit mining companies in my network to the platform once they are ready to onboard external resource supply.

I encourage other BOCA shareholders to do the same. Doing so allows you to benefit in three ways: First, you are helping your own investment. I consider myself to be an activist shareholder. Meaning I don't just sit on my ass and complain when an investment isn't successful. I engage with company management and think of ways to build a business to help it become a success. Second, presumably any client/user you introduce, whether on the gold supply side or the financing side, will likely come with some sort of commission (I personally don't mind working for more shares). Third, doing so will help you to build up a network of individuals who trust you to get a job done or close a deal. Too many people have a mindset of "working up a corporate latter" or getting a job title. My LinkedIn is pretty barren in terms of actual "job experience", because I don't need it to survive capitalism. The people who know me know my capabilities. They don't need to read it on a resume type of format. Bocana shareholders have a unique opportunity to benefit in a similar way since they all have a head start in understanding the business model and have built-in level of trust with management coming from the angle as supportive shareholders. No level of work experience buys you that type of credibility. 

Disclaimer: I am long Bocana