bolnisi to crash through $1.00 monday ??, page-4

BSG has the best of both worlds of course: Gold and Silver--No base metals.

When Silver is slow, then the increasing Gold price can make BSG more valuable, anyway.

I held options @6.6 cents, then exercised these and increased my stake as well.

Palmarejo Sept 1 Presentation (Much colour):
http://www.palmarejogold.com/i/pdf/PalmarejoPres-Sept1-05.pdf


Comment: See page 31, where a number of Companies are compared:

Gammon Lake, 3 mill ounces gold equiv. grade 2.4 gr/tonne, Market Cap $CAN 644 mill.

Palmarejo, 3.1 mill ounces gold equiv. grade 4.8 gr/tonne and Market Cap $CAN 156 mill.

So, with a grade of 2 times that of Gammon Lake, the Palmarejo Market Cap is only 24.2% of that of Gammon Lake.

And it is this which is driving up the BSG price IMHO.


Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.